H.R. 6490 (112th): Medicare DMEPOS Market Pricing Program Act of 2012

Introduced:
Sep 21, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Tom Price [R-GA6]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 1717 on Apr 24, 2013. See H.R. 1717 for current action on this subject.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


9/21/2012--Introduced.
Medicare DMEPOS Market Pricing Program Act of 2012 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services (HHS) to establish a market pricing program for durable medical equipment (DME), prosthetics, orthotics, and supplies (DMEPOS) as a replacement for the competitive acquisition program for DMEPOS, which is hereby terminated.
Directs the Secretary to:
(1) conduct annual market-priced auctions from among entities supplying market priced items and services in an eligible market area selected in the auction design,
(2) establish a lead product for each of specified product categories, and
(3) award a contract to any entity in an eligible market area in which an auction is conducted whose bid is below a clearing price equal to the highest cost bid that will meet capacity targets in the market area.
Requires the Secretary to contract with an auction expert to assist in, and a market monitor to monitor, the design, development, and functioning of the auction.
Adjusts the covered DME item update for 2012 through 2014 and each subsequent year.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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