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TeachMeFinance.com - explain Licensed By The State As A Risk-Bearing Entity Licensed By The State As A Risk-Bearing Entity The term 'Licensed By The State As A Risk-Bearing Entity ' as it applies to the area of Medicare in the United States can be defined as ' An entity that is licensed or otherwise authorized by the State to assume risk for offering health insurance or health benefits coverage. The entity is authorized to accept prepaid capitation for providing, arranging, or paying for comprehensive health services under an M+C contract. Designation that an M+C organization has been reviewed and determined 'fully accredited' by a CMS-approved accrediting organization for those standards within the deeming categories that the accrediting organization has the authority to deem'. Previous 5 Terms: libaniferous LIBOR Library libriform Licensed (Licensure) Next 5 Terms: Licensed material Licensed site capacity Licensee Licensees Licensing basis About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.