Cramton, Peter; Ayres, Ian - University of Maryland, Department of Economics - Peter … - 2012
a bad idea, and that a much better approach is to price Medicare supplies in competitive auctions. That is not … surprising. What is surprising is the degree of consensus that Medicare’s shift to auctions is fatally flawed and must be fixed … for the Medicare auctions to succeed in lowering costs while maintaining quality for medical equipment and supplies. …