The US spends more on health care per capita than any other country but does not achieve outcomes commensurate with that spending. A substantial share of this spending is devoted to services that buy no additional health, and in some instances, expose patients to serious harm. The premise of Value Based Insurance Design, and the focus of VBID Health, is to align patients' out-of-pocket costs, such as copayments and deductibles, with the value of health services.
New white paper offers concrete recommendations on how employers and policymakers can better align benefit design to support payment reform efforts. This update includes the most recent resources addressing the need to measure and mitigate the use of low-value care. Analysis shows small cost of improving access to chronic disease management medications for enrollees in high-deductible plans.
Altarum and VBID Health launch Research Consortium for Health Care Value Assessment. Read the concept paper for state-based leadership on low-value care reduction the first link is the same but we just published the concept paper.
New white paper offers concrete recommendations on how employers and policymakers can better align benefit design to support payment reform efforts. This update includes the most recent resources addressing the need to measure and mitigate the use of low-value care. Analysis shows small cost of improving access to chronic disease management medications for enrollees in high-deductible plans.
Altarum and VBID Health launch Research Consortium for Health Care Value Assessment. Read the concept paper for state-based leadership on low-value care reduction the first link is the same but we just published the concept paper.
Services
The premise of Value Based Insurance Design, and the focus of VBID Health, is to align patients' out-of-pocket costs, such as copayments and deductibles, with the value of health services.
By reducing barriers to high-value treatments (through lower costs to patients) and discouraging low-value treatments (through higher costs to patients), these plans can improve health outcomes.
Studies have linked lower copayments for drugs to higher compliance, which ultimately has potential to yield long-term savings as a result of healthier enrollees and more productive employees.
By reducing barriers to high-value treatments (through lower costs to patients) and discouraging low-value treatments (through higher costs to patients), these plans can improve health outcomes.
Studies have linked lower copayments for drugs to higher compliance, which ultimately has potential to yield long-term savings as a result of healthier enrollees and more productive employees.
Value Based Insurance Design Health specializes in designing and promoting health benefits plans that get more health out of every health care dollar spent.
The U.S. spends over $3 trillion on health care - everyone agrees we should be getting more "health" out of that investment.
Instead, many employers and plans are paying for the wrong things.
VBID Health provides streamlined, Value Based Insurance Design consulting services to facilitate creation and adoption of VBID plans and increase patient, employee, and enrollee health.
The U.S. spends over $3 trillion on health care - everyone agrees we should be getting more "health" out of that investment.
Instead, many employers and plans are paying for the wrong things.
VBID Health provides streamlined, Value Based Insurance Design consulting services to facilitate creation and adoption of VBID plans and increase patient, employee, and enrollee health.
I highly recommend working with VBID Health.
We at Maine Community Health Options, Maine's Health Insurance CO-OP, were resolved from the beginning to construct a benefit design founded upon Value Based Insurance Design elements.
It was a logical choice that we would work with Dr. Mark Fendrick to make this vision a reality.
VBID Health helped us craft a benefit design that puts patients first, with minimal copays and coinsurances for evidence based, high value care.
Value Based Insurance Design (VBID), and the work of VBID Health, has garnered recent attention from high profile state health policy makers.
We at Maine Community Health Options, Maine's Health Insurance CO-OP, were resolved from the beginning to construct a benefit design founded upon Value Based Insurance Design elements.
It was a logical choice that we would work with Dr. Mark Fendrick to make this vision a reality.
VBID Health helped us craft a benefit design that puts patients first, with minimal copays and coinsurances for evidence based, high value care.
Value Based Insurance Design (VBID), and the work of VBID Health, has garnered recent attention from high profile state health policy makers.
High-deductible health plans (HDHPs) can be harmful for people with chronic conditions or low income.
Evidence suggests that health plan flexibility to cover chronic disease prevention drugs and services pre-deductible in HDHPs would improve the health of those with chronic conditions and prevent downstream costs for services such as emergency department visits and hospitalizations.
Reducing financial barriers to evidence-based care for chronic conditions therefore offers an opportunity to substantially enhance clinical outcomes and reduce the long-term rate of healthcare spending growth.
Evidence suggests that health plan flexibility to cover chronic disease prevention drugs and services pre-deductible in HDHPs would improve the health of those with chronic conditions and prevent downstream costs for services such as emergency department visits and hospitalizations.
Reducing financial barriers to evidence-based care for chronic conditions therefore offers an opportunity to substantially enhance clinical outcomes and reduce the long-term rate of healthcare spending growth.
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