Pros And Cons Of Reimbursement

Your help is needed to get Congress to stop major cuts in the reimbursement for complex rehab technology (CRT) items. The Centers for Medicare and Medicaid Services (CMS) tells beneficiaries that cuts in reimbursement are a good thing. After all, it reduces out-of-pocket expenses, and everybody wants that, right? Not necessarily. Here's why.

Consider any item you buy retail such as appliances, cars, cameras, or furniture. Imagine that the government took retail prices for all of the products in any of those categories and chose a median price of those items to set the price you can pay for any item in that category. Now, imagine the government asks sellers of those products to bid the lowest price they will accept for any of the items in that