Which of the Following Guidelines Is Applicable When Filing a Medicaid

question 5

Multiple Choice

Which of the following guidelines is applicable when filing a Medicaid claim and interacting with Medicaid patients?

• A) Allow a 2-year time limit on all claim submissions
• B) Submit claims without proving patient eligibility for benefits
• C) Treat the patient as if he or she has private insurance
• D) Submit claims without proving Medicaid membership
• E) Send claims to the national claims center

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Definitions:

Binding Price Ceilings

Government-imposed limits on the price of goods or services that are set below the market equilibrium price, leading to shortages.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or commodity.

Gasoline Shortage

A situation where the demand for gasoline exceeds the supply available, often leading to price increases and long lines at fuel stations.

Binding Price Ceiling

A maximum legal price set below the equilibrium price, leading to shortages as the quantity demanded exceeds the quantity supplied.