What is an HMO that meets federal eligibility for a Medicare risk contract but is not federally qualified called?

A Competitive Medical Plan (CMP) is specifically designed to meet federal eligibility requirements for a Medicare risk contract while not being federally qualified as a typical Health Maintenance Organization (HMO). CMPs provide a managed care option for Medicare beneficiaries, recognizing that they can offer a structure for the delivery of services that aligns with Medicare guidelines.

CMPs are often used in regions or situations where traditional HMOs may not be available or may not meet specific local needs. These plans maintain a level of flexibility in choosing providers while still managing risk, which is integral to their operations. Their focus is on providing medical care to their members under a capitated payment model, ensuring that the services are both cost-effective and high-quality.

In this context, the other options do not fit the definition of an HMO that meets federal eligibility for a Medicare risk contract but is not federally qualified. Independent practice associations are groups of independent physicians who come together to negotiate contracts with payers but do not necessarily fit under the Medicare risk contract criteria. Point-of-service plans provide members the option to choose between in-network and out-of-network services, which diverges from the strict guidelines of Medicare risk contracts. Physician incentive plans focus on encouraging physicians to reach specific health-related goals but do not categorize