Executive Takeaways
■ By adopting bad auction rules, Medicare threatens the viability of the home care market. ■ Medicare is moving forward with its auction despite scientific evidence against it. ■ The auction will devastate the industry, leading to job loss and health care shortages.
■ There is a simple fix to the problem; switch to the time-tested clearing- price auction. ■ Dr. Tom Price’s HR 4185 (PACT) will fix the problems.
Brett Katzman, Professor of Economics
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