AHIP Exam AHM-530 Topic 4 Question 91 Discussion

Actual exam question for AHIP's AHM-530 exam

Question #: 91
Topic #: 4

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:

AOpen contracting requires health plans to meet minimum performance standards outlined in a state's request for proposal (RFP)

BOpen contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees

CSelective contracting requires any health plan that meets the state's performance standards and the federal Medicaid requirements to enter into a Medicaid contract

DSelective contracting requires health plans to bid competitively for Medicaid contracts

Show Suggested Answer

Suggested Answer: D

by Della at Jul 03, 2024, 04:28 PM

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Phuong

8 months ago

Wait, is Medicaid contracting the new reality TV show? I'd watch that!

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Chaya

8 months ago

The open contracting approach sounds a bit too 'open' for my liking. I'd prefer the selective, competitive route.

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Cherrie

8 months ago

Competitive bidding can definitely help drive quality and innovation in healthcare.

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Selma

8 months ago

I think selective contracting ensures that only the best health plans are chosen.

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Karol

8 months ago

I agree, the open contracting approach does seem a bit risky.

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Shaun

9 months ago

Haha, Medicaid contracting is like a high-stakes game of 'The Price is Right'! Gotta bid just right to win that contract.

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Catarina

9 months ago

I agree with Lynelle. Selective contracting is all about competitive bidding, not just meeting minimum standards.

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Vincenza

7 months ago

D) Selective contracting requires health plans to bid competitively for Medicaid contracts

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Madelyn

8 months ago

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

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Milly

8 months ago

B) Open contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees

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Precious

8 months ago

A) Open contracting requires health plans to meet minimum performance standards outlined in a state's request for proposal (RFP)

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Lynelle

9 months ago

Option D seems the most accurate. Selective contracting requires health plans to bid competitively for Medicaid contracts.

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Crista

9 months ago

Selective contracting definitely adds a competitive element to the process.

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Annett

9 months ago

I agree, option D is correct. Health plans have to bid competitively for Medicaid contracts.

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Francesco

10 months ago

I think both answers could be correct, depending on the specific requirements of the Medicaid agency

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Mee

10 months ago

I disagree, I believe the answer is D) Selective contracting requires health plans to bid competitively for Medicaid contracts

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Kristine

10 months ago

I think the answer is A) Open contracting requires health plans to meet minimum performance standards outlined in a state's request for proposal (RFP)

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