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:
Verified
Correct Answer:
Verified
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