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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.

Self-Insured Individual

An individual who decides (and is financially able) to cover their own medical costs without an insurance plan. Those that chose to self-insure will owe…