Solved

The Two Basic Approaches That Medicaid Uses to Contract with Health

Question 197

Multiple Choice

The two basic approaches that Medicaid uses to contract with health plans are open contracting and selective contracting. One true statement about these approaches to contracting is that:


A) Open contracting requires health plans to meet minimum performance standards outlined in a state's request for proposal (RFP)
B) Open contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees
C) Selective contracting requires any health plan that meets the state's performance standards and the federal Medicaid requirements to enter into a Medicaid contract
D) Selective contracting requires health plans to bid competitively for Medicaid contracts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents