AHIP Exam AHM-530 Topic 5 Question 88 Discussion

Actual exam question for AHIP's AHM-530 exam

Question #: 88
Topic #: 5

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 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

5 months ago

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

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Kimberlie

5 months ago

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

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Lynelle

5 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

6 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

5 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

5 months ago

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

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Tarra

5 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

5 months ago

Competition can lead to better services

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Troy

5 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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