CMS Handles the Daily Operation of the Medicare Program Through

question 2

Multiple Choice

CMS handles the daily operation of the Medicare program through the use of ____ ____ ____, formerly Fiscal Intermediaries.

• A)Medical Adjustment Contractor
• B)Medicare Administrative Cooperative
• C)Medicare Administrative Contractors
• D)Medical Administrative Contractors

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Definitions:

Anchoring And Adjustment

A cognitive heuristic where individuals rely too heavily on an initial piece of information (anchor) when making decisions, adjusting insufficiently from that anchor.

Frame Dependence

The tendency of individuals to make different (and potentially inconsistent) decisions depending on how a question or problem is framed.

Aversion To Ambiguity

A preference to avoid uncertain or ambiguous situations, often reflected in decision-making processes.

Clustering Illusion

The cognitive bias of seeing patterns in random events.