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

11 months ago

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

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Chaya

11 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

10 months ago

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

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Selma

10 months ago

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

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Karol

10 months ago

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

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Shaun

11 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

11 months ago

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

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Vincenza

10 months ago

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

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Madelyn

10 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

10 months ago

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

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Precious

11 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

11 months ago

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

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Crista

11 months ago

Selective contracting definitely adds a competitive element to the process.

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Annett

11 months ago

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

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Francesco

12 months ago

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

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Mee

12 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

12 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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