The federal agency responsible for the administration of key healthcare programs in the United States, including Medicare, Medicaid, and the Children’s Health Insurance Program (CHIP). CMS also oversees the federally facilitated Health Insurance Marketplace, ensuring the effective management and regulation of these critical healthcare initiatives.
Key Points:
- CMS is a federal agency tasked with managing and overseeing various healthcare programs that provide coverage to different segments of the population.
- Its primary responsibilities include the administration of Medicare for seniors, Medicaid for low-income individuals and families, CHIP for children in need of coverage, and the federal Health Insurance Marketplace.
- CMS plays a vital role in regulating and maintaining the integrity of these programs to ensure access to affordable healthcare for eligible individuals.