Question

QUESTION 6

Who regulates Medicare's reimbursement formulas?

		A private consortium of physicians
		The US Congress
		Hospitals make their own reimbursement rates
		The Centers for Disease Control and Preventions

Answer 1

Ans: The US Congress

Medicare's reimbursement formulas are regulated by the US Congress.

US Congress is the legislature of the united state government who determines the funding for medicare .It monitors the quality of hospital services for medicare beneficiaries, ensures fair compensation , recommends mechanism for updating hospital payment rates, ensures the provision of appropriate and necessary medicare hospital sevices in the most cost effective manner.