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Payment Error Rate Measurement (PERM)

The measure of the improper payments of Medicaid and CHIP, which results in an error rate for each program. These rates are based on multiple factors; fee-for-service (FFS), managed care and eligibility sections of Medicaid and CHIP in the fiscal year under review.

Medicaid Crowd-Out

When the availability of Medicaid hurts the market for other insurance products. Generally refers to Medicaid crowding out the long-term care insurance market.