In yet another example of poor, corrupt government spending, Medicare and its beneficiaries have been paying $110 through no-bid contracts for a $60 walker that can be bought at your local Walmart store. Unfortunately, the House just passed a Medicare bill that kills competitive bidding, which would have saved the government $1 billion a year and patients $200 million in co-payments.
Read the full article entitled: High Medicare Costs, Courtesy of Congress.
CQ's Article Highlights Examples of Medicare paying 150-500% more for goods.
Coburn and Rockefeller Letter to Senate Leaders calls for competitive bidding.
