Which of the following statements is true regarding SNPs?

The statement that all SNPs must develop a Model of Care is true. Special Needs Plans (SNPs) are a type of Medicare Advantage plan specifically designed to serve individuals with certain chronic conditions, those who are institutionalized, or those who are dual-eligible for Medicare and Medicaid. To effectively meet the unique needs of their targeted populations, SNPs are required to implement a Model of Care. This model outlines how the plan will manage the care of its members, including the coordination and integration of services to address the medical, behavioral, and social needs of beneficiaries. Developing a Model of Care ensures that SNPs enhance the quality of care and improve health outcomes for their members, tailoring the services provided to the specific challenges faced by their target populations.

Other statements do not accurately reflect the requirements or characteristics of SNPs. For instance, SNPs do not all offer the same benefits, as the services can vary significantly depending on the type of SNP and the needs of the population it serves. SNPs are designed to cater to specific groups, which means they have a defined target population. Additionally, while SNPs may offer many of the same services as standard Medicare plans, they often include additional benefits tailored to their members' specific needs.