A Company That Contracts with the Centers for Medicare and Medicaid

question 1482

Multiple Choice

A company that contracts with the Centers for Medicare and Medicaid Services (CMS) to pay Medicaid claims is called a

• A) carrier.
• B) fiscal intermediary.
• C) fiscal agent.
• D) preferred provider.

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Definitions:

Aggregate Income

The total income earned by all individuals and entities within an economy during a given time period.

Consumption Function

An economic formula representing the relationship between total consumption and gross national income, indicating how changes in income affect spending.

Aggregate Income

The sum of earnings for all people and organizations within a specific economic system.

Consumption Function

A mathematical expression in economics showing how total consumption is related to the gross national income.