Medicare Auction Update

The “Letter from 167 Concerned Auction Experts on Medicare Competitive Bidding Program” which was organised by Peter Cramton was sent  to Chairman Stark, Health Subcommittee, Ways and Means, U.S. House of Representatives, on 26 September 2010.  Chairman Stark forwarded it to the Center for Medicare and Medicaid Services, along with his own letter, which concludes with:

I urge you to give these comments and recommendations serious consideration. I would also request that you inform me in a timely way as to whether CMS plans to incorporate any of the recommended changes and if not, why not.

Peter wrote a Freakonomics Blog post with Ian Ayres that appeared in the Opinion Pages of the New York Times.  You can find more information in the Market Design blog.

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