Registered Health Information Administrator (RHIA) — Question 7
A company that contracts with the Centers for Medicare and Medicaid Services (CMS) to pay Medicaid claims is called a
Answer options
- A. carrier.
- B. fiscal intermediary.
- C. fiscal agent.
- D. preferred provider.
Correct answer: C
Explanation
The correct answer is C, fiscal agent, as this term specifically refers to entities that handle the payment of Medicaid claims on behalf of CMS. The other options do not accurately describe this role; 'carrier' typically refers to insurance providers, 'fiscal intermediary' is an outdated term, and 'preferred provider' relates to a network of providers rather than claims processing.