Phone: 734-615-9635|Email: vbidcenter@umich.edu
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So far Vbidcenter has created 115 blog entries.

Health Affairs: Value-based insurance plan boosts employee use of targeted preventive services, reduces ER visits

On Monday, April 4, Health Affairs reported that one state's Value-Based Insurance Design employee insurance program, which was designed to improve health while reducing costs, has successfully encouraged more use of screenings and preventive services, increased medication adherence for chronic conditions, and reduced visits to the emergency department.Researchers from the V-BID Center say, not unexpectedly, that it's too early to tell after two years of study if Connecticut's Health Enhancement Program has saved the state money.Their findings are reported in the April edition of Health Affairs.  The Health Affairs article and related materials can be found below. Health Affairs Article IHPI Press Release HEP Infographic

Vbidcenter2020-01-17T20:09:21+05:00April 5th, 2016|News|
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NEWS UPDATE: CMS Proposed Rule for Part B Drugs includes V-BID Principles

On Tuesday, March 8th, the Centers for Medicare and Medicaid Services (CMS) proposed a rule that would test a new way for Medicare Part B to pay for prescription drugs.  The proposal includes value-based insurance design (V-BID) principles of discounting or eliminating cost-sharing and varying payments for drugs based on clinical effectiveness for different indicators (clinical nuance). CMS Acting Administrator Andy Slavitt stated, "These proposals would allow us to test different ways to help Medicare beneficiaries get the right medications and right care while supporting physicians in the process.  This is consistent with our focus on testing value-based care models like we have been doing with physicians and hospitals in ACOs.  Models like this one can help doctors and other clinicians do what they do best: choose the medicine and treatment that keeps their patients healthy." Read more on V-BID in the Medicare program.

Vbidcenter2019-10-30T18:16:53+05:00March 9th, 2016|News, Press Releases|
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AJMC: Geisinger V-BID Program

Dr. Mark Fendrick discusses how the Geisinger V-BID Program leads to savings by eliminating drug co-payments A study published in the February 2016 issue of The American Journal of Managed Care investigated the potential cost-savings of a $0 prescription co-pay program for chronically ill employees of the Geisinger Health System (GHS).  Approximately 200 anti-hypertensive, anti-diabetic, and anti-lipid medications were provided at zero cost-sharing to 2251 GHS employees as part of an employee health and wellness program.  The program showed positive cost-savings and a positive 5-year return on investment.    

Vbidcenter2019-10-30T18:16:53+05:00February 26th, 2016|News, Videos|
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Tuesday, February 23: US Senate Committee on Armed Services

On Tuesday, February 23rd, 2016, Dr. A. Mark Fendrick, V-BID Center Director, testified before the United States Senate Committee on Armed Services Subcommittee on Personnel.  Dr. Fendrick discussed how the principles of value-based insurance design (V-BID) and clinical nuance can contribute positively to defense health care reform.The hearing announcement and testimony materials are available below:

Vbidcenter2020-01-08T21:24:09+05:00February 11th, 2016|Events, Other Events|
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2018 Sponsorship Opportunities

2018 V-BID Summit Sponsorship Opportunities The 2018 V-BID Summit will be held as a two-day event at the University of Michigan on March 13/14. The Summit invites stakeholders to engage in a highly interactive all-day discussion to address the opportunities and challenges that arise from the conceptual design to the implementation of clinically nuanced payment reform and benefit design strategies across some of today’s most relevant and challenging health care topics. A draft agenda will soon be available for dissemination. All donations/sponsorships will be gratefully accepted, including amounts lower and higher than those listed below.  Special consideration will be given to non-profit organizations.  For more information, please contact Susan Lynne Oesterle at 734-615-9635 or sloester@umich.edu.   Platinum sponsorship includes six invitations to the following: V-BID Summit evening reception Evening welcome dinner Networking breakfast Summit discussions Networking lunch Platinum sponsorship recognition includes: Full [...]

Vbidcenter2019-10-30T18:16:53+05:00February 10th, 2016|Uncategorized|
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February 9, 2016: MI Senate Appropriations Subcommittee on HHS Hearing

On Tuesday, February 9th, Dr. A. Mark Fendrick, V-BID Center Director, testified before the Michigan Senate Appropriations Subcommittee on Health and Human Services in Lansing, Michigan. Dr. Fendrick discussed opportunities to improve the health of Michigan residents through the utilization of value-based services and performance metrics, as well as how clinically nuanced cost-sharing has been an effective way to improve value and creates an opportunity for broad innovation in the Medicaid space.  Value-based insurance design (V-BID) principles are included in the Healthy Michigan Plan for Medicaid expansion, as outlined in the V-BID Center's Michigan Medicaid brief. The Hearing announcement can be accessed here. More Hearing materials are available below:   Presentation  Slides      AJMC Clinical Nuance Infographic   

Vbidcenter2019-10-30T18:16:54+05:00February 7th, 2016|Events, Other Events|
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V-BID 10th Anniversary Summit: A Decade of Transforming the Health Care Cost Discussion from ‘How Much’ to ‘How Well’

On October 6/7, 2015, the University of Michigan Center for Value-Based Insurance Design held its 10th Anniversary V-BID Summit entitled: A Decade of Transforming the Health Care Cost Discussion from ‘How Much’ to ‘How Well.’

Vbidcenter2020-01-15T20:56:06+05:00January 27th, 2016|V-BID Summits|
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V-BID Congressional Briefings, July 21st, 2015: Medicare Advantage & HDHP

  "Improving Consumers' Access to High-Value Health Care: Value-Based Insurance Design and alignment with delivery system reform"   Senate Briefing Details SD-G11 Dirksen Senate Office Building Tuesday, July 21st 10:00 AM- 11:00 AM (Continental breakfast available at 9:45) RSVP to: Arielle Zina at azina@smarterhc.org Senate Briefing Invitation House Briefing Details 1539 Longworth House Office Building Tuesday, July 21st 2:30 PM- 3:30 PM (Light lunch and appetizers available at 2:15) RSVP to: Arielle Zina at azina@smarterhc.org House Briefing Invitation     V-BID Materials                 MA Materials                 HDHP Materials                                  

Vbidcenter2019-10-30T18:16:54+05:00December 30th, 2015|Briefings|
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December 9, 2015: CMS/CMMI Diabetes Prevention Program Payer-Provider Summit

On Wednesday, December 9th, Dr. A. Mark Fendrick, V-BID Center Director, spoke at the Diabetes Prevention Program Payer-Provider Summit, hosted by the Center for Medicare and Medicaid Innovation. The summit brought together payers, providers, CMMI awardees, and state and federal leaders to collectively identify promising value-based payment models for the Diabetes Prevention Program.  Dr. Fendrick opened the "Payer Perspective" panel with a brief presentation on the role of Value-Based Insurance Design in the DPP and will participate in other discussions. Dr. Fendrick's slides are available below.   Presentation  Slides   

Vbidcenter2019-10-30T18:16:54+05:00December 8th, 2015|Events|
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V-BID Whiteboard Video: Goldilocks Chooses A Health Plan

Choosing a Health Plan?  Check out our new Whiteboard Video! The University of Michigan Center for Value-Based Insurance Design (V-BID) is pleased to introduce our very first student-created whiteboard video, Goldilocks Chooses a Health Plan. Much like finding the right bed, choosing a health plan can be challenging.  Watch as Goldilocks traverses through the complicated health insurance market of 'too soft' and 'too hard' health plans, and then discovers the Value-Based Insurance Design Plan, which is 'just right.' With this 'just right' health plan, Goldilocks has financial incentives to utilize high-value services and skip services of unproven value.  This plan also lowers cost-related non-adherence, improved health outcomes, and avoids the Cadillac Tax. For more information on choosing a 'just right' health plan, please contact the V-BID Center at vbidcenter@umich.edu.

Vbidcenter2019-10-30T18:16:54+05:00December 8th, 2015|News, Videos|
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CMS Announces Medicare Advantage V-BID Model Test

News Update: CMS Announces Medicare Advantage V-BID Model Test On September 1, 2015, the Centers for Medicare and Medicaid Services (CMS) announced a program to test Value-Based Insurance Design (V-BID) in Medicare Advantage (MA) plans.  The program will examine the utility of structuring patient cost-sharing and other health plan design elements to encourage patients to consume high-value clinical services, thereby improving quality and reducing costs. The model test is scheduled to begin on January 1, 2017.  CMS will conduct the model test in Arizona, Indiana, Iowa, Massachusetts, Oregon, Pennsylvania, and Tennessee.   "The Medicare Advantage Value-Based Insurance Design Model fills an immediate need for testing ways to improve care and reduce cost in Medicare Advantage Plans and offers the prospect of lower out-of-pocket costs and premiums along with better benefits for enrollees in Medicare Advantage," said Patrick Conway, MD, MSc, CMS deputy administrator and chief medical officer. For additional information about the CMMI [...]

Vbidcenter2019-10-30T18:16:55+05:00September 2nd, 2015|News, Press Releases|
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NEWS UPDATE: V-BID Medicare Advantage Bill Passes House of Representatives

Washington, DC – The Strengthening Medicare Advantage through Innovation and Transparency for Seniors Act of 2015 (HR 2570) was passed by the US House of Representatives on June 17th.  This bipartisan legislation includes a V-BID demonstration project that would allow Medicare Advantage plans to lower copayments and coinsurance for their beneficiaries, encouraging the use of high-value, evidence-based medical services to better manage chronic conditions.  The legislation explicitly prevents plans from increasing beneficiary cost-sharing on any service.  A bipartisan companion bill, Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 (S.1396), was introduced to the Senate on May 20th. This legislation coincides with a CMS Request for Information to Innovate Medicare that explicitly included V-BID.

Vbidcenter2019-10-30T18:16:56+05:00June 18th, 2015|News, Press Releases|
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