Press Release: Bipartisan “Access to Better Care Act” Introduced to House of Representatives

  Washington, D.C.-- Representatives Diane Black (R-TN) and Earl Blumenauer (D-OR) introduced H.R. 5652 "Access to Better Care Act of 2016."  This bill provides high deductible health plans the flexibility to provide coverage for services that manage chronic disease prior to meeting the plan deductible.    The bipartisan bill amends Section 223(c)(2) of the Internal Revenue Service (IRS) Code.  Currently, in health savings account-qualified high deductible health plans (HSA-HDHPs), services meant to treat "an existing illness, injury or condition" are excluded from coverage  before the plan deductible is met.  Evidence is accumulating that individuals enrolled in high deductible plans may not utilize essential services to manage chronic conditions due to the high cost.  As chronic conditions make up 75 percent of total U.S. health spending, appropriate disease management is an important tool to improve patient-centered outcomes and, in some cases, lower long-term health care costs.  As the market for HSA-eligible HDHPs grows, it is important that [...]

V-BID Interns2020-01-10T20:34:42+05:00July 7th, 2016|News, Press Releases|

Press Release: GOP Health Plan Calls for Expanded Role for V-BID

Today, the House Republicans released their Report from the Health Care Reform Task Force, a white paper outlining a number of policy proposals they believe will lower health care spending and deliver higher quality care.  Notably, the proposal recommends allowing for the implementation of value-based insurance design (V-BID) throughout Medicare Advantage (see full text below) as a potential solution to 'one-size-fits-all' deductibles, copayments, and coinsurance. This expanded role of V-BID in the Medicare Program builds on bipartisan legislation that passed in the House last summer (HR 2750), the CMS MA-VBID demonstration project set to begin in seven states this January, and the inclusion of V-BID principles in Section 2713 of the Patient Protection and Affordable Care Act that requires the elimination of consumer cost-sharing for specified preventive care services. Report Language Page 33:  "Today's traditional fee-for-service (FFS) Medicare program isolates beneficiaries from the true cost of health care.  For example, Medigap policies provide something called first-dollar [...]

Vbidcenter2021-02-06T01:11:49+05:00June 22nd, 2016|News, Press Releases|

Press Release: A Clinically-Dynamic Approach to Prescription Drugs – ‘Reward the Good Soldier’

Access to prescription drugs is a hot-button health care issue. The V-BID center proposes an innovative benefit design - 'Reward the Good Soldier'.

Vbidcenter2019-10-30T18:16:52+05:00May 17th, 2016|News, Press Releases|

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|

February 23, 2016: US Senate Committee on Armed Services

On Tuesday, February 23rd, 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.https://youtu.be/zprEwpVgXCo  Additional testimony materials available below:                                              

V-BID Interns2020-01-13T14:43:50+05:00February 23rd, 2016|Events, Press Releases, Testimonies|

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|

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|

UPDATE: MA V-BID Bill Passes Key House Committee

WASHINGTON, D.C. – The Preservation of Access for Seniors in Medicare Advantage Act of 2015 (HR 2581) was passed by the Ways and Means Committee on June 2nd.  This legislation would require the Secretary of Health and Human Services to select MA plans to begin testing V-BID methodology.  This demonstration project would allow 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. This bipartisan legislation will be discussed on the floor of the House of Representatives as part of a package of bills aimed to strengthen the Medicare Advantage program.  A bipartisan companion bill,  Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 (S.1396), was introduced to the Senate on May 20th.  

Vbidcenter2019-10-30T18:16:56+05:00June 3rd, 2015|News, Press Releases|

BREAKING NEWS: Thune-Stabenow Bill to Establish V-BID Demonstration in Medicare Advantage 

WASHINGTON, D.C. – U.S. Sens. John Thune (R-S.D.) and Debbie Stabenow (D-Mich.) today reintroduced bipartisan legislation that would establish a Medicare Advantage (MA) demonstration program to evaluate how value-based insurance design (V-BID) could reduce MA enrollees’ copayments and coinsurance for some beneficiaries with specific chronic conditions for certain high-value medications and services resulting in better health outcomes and reduced overall health spending. “We recognize that it’s a challenge to find policy solutions that achieve cost savings while at the same time improving patients’ health outcomes,” said Thune. “With V-BID, a promising health insurance concept, both patients and taxpayers win, proving that if money can be spent in a more targeted, effective way, it’s also possible to improve the value of care delivered.” “This legislation is a win-win,” said Stabenow. “It tests a new innovative model that lowers costs to Medicare patients for prescription drugs and services that provide [...]

Vbidcenter2019-10-30T18:16:56+05:00May 21st, 2015|News, Press Releases|

Growing momentum for V-BID in Medicare Advantage plans

Responding to growing momentum for clinical nuance in Medicare Advantage, the V-BID Center has provided substantial comments on the recent CMS RFI regarding a V-BID demonstration project in Medicare Advantage (MA) and Medicare Advantage prescription drug plans (MA-PD). These comments contain explicit, evidence-based recommendations to address some of Medicare’s most complex challenges regarding effective benefit design features, cost-sharing parameters, consumer/provider engagement methods, quality measures, actuarial value considerations, among other topics, while also exploring potential barriers to implementation. This RFI capitalizes on ongoing interest in V-BID at the federal/legislative level. Earlier this September, US Senators John Thune (R-SD) and Debbie Stabenow (D-MI) introduced legislation S.2783: The V-BID for Better Care Act of 2014. The bipartisan, bicameral bill directs the Secretary of Health and Human Services to establish a three-year demonstration program allowing participating MA plans to test V-BID principles of reduced copayments and coinsurance for high-performing providers, evidence-based [...]

Vbidcenter2019-10-30T18:17:00+05:00November 7th, 2014|News, Press Releases|

V-BID submits comments to CMS RFI on Medicare Advantage

In response to the recent CMS RFI regarding implementing V-BID in MA, MA-PD plans, the V-BID Center has submitted comments substantively exploring this option. We hope that you will share this document with interested parties.  Please feel free to comment on this document or contact us if you would like additional information.

Vbidcenter2017-02-16T17:40:46+05:00November 4th, 2014|News, Press Releases|

Fendrick Elected to Institute of Medicine

Monday, October 20, 2014. Washington, DC. Today, the Institute of Medicine (IOM) announced that V-BID Center Director, A. Mark Fendrick, MD, has been elected to join its membership. Election to the IOM is considered one of the highest honors in the fields of health and medicine and recognizes individuals who have demonstrated outstanding professional achievement and commitment to service. Established in 1970 by the National Academy of Sciences, IOM has become recognized as a national resource for independent, scientifically informed analysis and recommendations on health issues. For additional details, read the official University of Michigan Health System press release.

Vbidcenter2019-10-30T18:17:00+05:00October 21st, 2014|News, Press Releases|

V-BID included in CMS Request for Information to Innovate Medicare

Thursday, October 2, 2014, Washington, DC.  The Centers for Medicare & Medicaid Services (CMS) released a request for information to innovate Medicare Prescription Drug Plans (PDP), Medicare Advantage (MA) and Medicare Advantage Prescription Drug Plans (MA-PD), Medicaid managed care plans (Medicaid plans), Medigap plans, and Retiree Supplemental health plans.  Specifically, CMS requests information on innovations in: ●   Plan design, including but not limited to value-based insurance design ●   Care delivery; ●   Beneficiary and provider incentives and engagement; ●   Network design. This request coincides with the recent introduction of bipartisan, bicameral legislation to authorize a V-BID demonstration project in Medicare Advantage.    

Vbidcenter2020-01-06T16:55:32+05:00October 2nd, 2014|News, Press Releases|

V-BID for Better Care Act of 2014 Introduced in US Senate: “Transformative” Idea Attains Bipartisan, Bicameral Support

  Washington, D.C. September 11, 2014 - U.S. Senators John Thune (R-South Dakota) and Debbie Stabenow (D-Michigan) introduced bipartisan legislation The Value-Based Insurance Design (V-BID) for Better Care Act of 2014 (S.2783).  A summary of S.2783 is available.  A companion bill, H.R. 5183, was introduced by House Representatives Diane Black (R-Tennessee) and Earl Blumenauer (D-Oregon) in July. Specifically, the bipartisan, bicameral bills direct the Secretary of Health and Human Services to establish a three-year demonstration program allowing participating Medicare Advantage plans to test V-BID principles of reduced copayments and coinsurance for high-performing providers, evidence-based medications, or clinical services related to specific chronic disease care, while explicitly prohibiting plans from increasing copayments or coinsurance to discourage use of services. The clinical and economic impact of the demonstration project will be evaluated.  Expansion of the project depends on whether implementing V-BID plans that provide clinically nuanced incentives for beneficiaries with chronic conditions [...]

Vbidcenter2019-10-30T18:17:01+05:00September 11th, 2014|News, Press Releases|

Value-Based Insurance Design Better Care Act Introduced to Congress

July 23, 2014Washington, D.C. - Representatives Diane Black (R-TN) and Earl Blumenauer (D-OR) introduced H.R. 5183 - The V-BID for Better Care Act of 2014 to establish a regional demonstration program for Medicare Advantage plans that allows the utilization of Value-Based Insurance Design (V-BID) to reduce beneficiary cost-sharing for selected high-value prescription medications, providers, and clinical services related to chronic disease care.  A summary of the bill and official release are available.  A companion bill, S.2783 was introduced in the Senate in September of 2014.Specifically, the bipartisan, bicameral bills direct the Secretary of Health and Human Services to establish a three-year demonstration program allowing participating Medicare Advantage plans to test V-BID principles of reduced copayments and coinsurance for high-performing providers, evidence-based medications, or clinical services related to specific chronic disease care, while explicitly prohibiting plans from increasing copayments or coinsurance to discourage use of services.Evidence is accumulating that V-BID programs improve quality, reduce disparities, and in some circumstances, lower [...]

Vbidcenter2020-07-27T23:18:41+05:00July 23rd, 2014|News, Press Releases|
Go to Top