Question

When considering the regulatory requirements for healthcare, which agencies help protect against fraud?

1) Food and Drug Administration (FDA)
2) Centers for Medicare and Medicaid Services (CMS)
3) Office of Inspector General (OIG)
4) Federal Trade Commission (FTC)

Answer 1

The FDA, CMS, OIG, and FTC are the agencies that help protect against fraud in healthcare.

Step-by-step explanation:

The regulatory requirements for healthcare involve several agencies that help protect against fraud. These agencies include:

1. Food and Drug Administration (FDA): The FDA is responsible for regulating food safety, medicines, medical devices, vaccines, and more.
2. Centers for Medicare and Medicaid Services (CMS): CMS oversees the Medicare and Medicaid programs, which provide healthcare coverage to eligible individuals.
3. Office of Inspector General (OIG): The OIG investigates and prevents fraud, waste, and abuse in the Department of Health and Human Services programs, including healthcare.
4. Federal Trade Commission (FTC): The FTC protects consumers from deceptive and unfair practices in various industries, including healthcare.