(CMS) a U.S. federal agency under the Health and Human Services department. It is primarily tasked with administering the Medicare and Medicaid program according to standards. It covers three business areas, namely: the Center for Medicare Management, the Center for Medicaid and State Operations, and the Center for Beneficiary Choices. Formerly called Health Care Financing Administration (HCFA). Formed in 1977.
CENTERS FOR MEDICARE AND MEDICAID SERVICES: “The Centers for Medicare and Medicaid Services (CMS) is actively involved in low-cost health insurance for families with kids via the State Children’s Health Insurance Program.”