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AHIP Exam AHM-530 Topic 5 Question 88 Discussion

Actual exam question for AHIP's AHM-530 exam
Question #: 88
Topic #: 5
[All AHM-530 Questions]

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:

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Suggested Answer: D

by Maxima at May 20, 2024, 02:31 AM

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Tamekia
6 months ago
Haha, this is like a Medicaid version of the Hunger Games - health plans battling it out for those lucrative Medicaid contracts!
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Slyvia
6 months ago
D) Selective contracting requires health plans to bid competitively for Medicaid contracts
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Kimberlie
6 months ago
B) Open contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees
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Lynelle
6 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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Reita
7 months ago
I disagree. I think D is the right answer. Selective contracting involves a competitive bidding process for Medicaid contracts.
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Hubert
6 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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Truman
6 months ago
B) Open contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees
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Tarra
6 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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Romana
7 months ago
A is the correct answer. Open contracting requires health plans to meet certain minimum performance standards to be eligible for a Medicaid contract.
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Refugia
6 months ago
Competition can lead to better services
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Troy
6 months ago
D) Selective contracting requires health plans to bid competitively for Medicaid contracts
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Tiffiny
6 months ago
So it's more about meeting specific criteria
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Felix
6 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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Lashawn
6 months ago
That's interesting, it must help with planning and budgeting
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Karol
7 months ago
B) Open contracting makes it possible for the Medicaid agency to offer enrollment volume guarantees
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Elfriede
7 months ago
That makes sense. It ensures quality standards are met before contracting.
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Jody
7 months ago
That makes sense, it ensures quality of care
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Elfriede
7 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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Lavonna
7 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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