Power Minister Awais Ahmed Khan Leghari has announced competitive bidding
in the next two months, of which one month has already passed.
Now it has been decided to produce cheaper electricity to facilitate consumers the government will amend the RE policy 2006, for which power generation through renewable energy resources like wind, solar, biogas and small hydel plants will be carried under an open competitive bidding
Meralco) to open competitive biddings
for power supply to other players due to the latter's power rate hike.
As part of the Medicare Improvements for Patients and Providers Act of 2008 (MIPPA), Congress enacted a temporary delay of the competitive bidding
program and mandated certain changes in the program.
While the competitive bidding
demonstration project continues, the efforts to repeal this mandate have escalated.
In order to achieve the best results, competitive bidding
should be started anywhere from four to six months prior to renewal.
Earlier, some confusion had persisted about competitive bidding
as there was no word in black and white as to whether competitive bidding
would actually take place and when.
Beginning on July 1, Medicare beneficiaries in 10 metropolitan areas (Charlotte, North Carolina; Cincinnati, Ohio; Cleveland, Ohio; Dallas-Fort Worth, Texas; Kansas City, Missouri; Miami-Fort Lauderdale, Florida; Orlando, Florida; Pittsburgh, Pennsylvania; Riverside, California; and San Juan, Puerto Rico) will have to confront the complexities of the new competitive bidding
program for durable medical equipment prosthetics, orthotics, and supplies (DMEPOS) under Medicare Part B.
is an approach that has long been favored by Congress to attempt to control costs in a variety of arenas by allowing the marketplace to competitively determine prices.
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) required the Centers for Medicare and Medicaid Services (CMS) to conduct a demonstration program on using competitive bidding
for clinical-laboratory services.