The Biden Administration has released Frequently Asked Questions Part 51 regarding implementation of the ACA, FFCRA, Coronavirus Aid Relief, and CARES Act. The guidance reaffirmed no out-of-pocket costs for COVID testing as well as the elimination of cost-sharing for colonoscopies following a positive non-invasive colorectal cancer screening test.
Build Back Better Act includes V-BID, New Equity Infographic
On March 23, 2022, the University of Michigan V-BID Center will hold our 17th annual summit.
Build Back Better Act passed by House of RepresentativesIncludes V-BID Elements On November 19, 2021 the U.S. House of Representatives passed the Build Back Better Act (H.R.5376), which allocates funds to combat climate change, bolster the U.S. social safety net, and expand healthcare. The bill promotes elements of value-based insurance design (V-BID), including pre-deductible coverage and cost sharing cap of $35 month on selected insulin products (Sec. 27001), a $2,000/year cap and even monthly distribution of out-of-pocket costs for Medicare beneficiaries (Sec. 139201 and 139202), and the removal of co-pays for vaccines under Medicare Part D as recommended by ACIP (Sec. 139402). Excerpts from the bill are included below.SEC. 27001. SEC. 726. REQUIREMENTS WITH RESPECT TO COST-SHARING FOR CERTAIN INSULIN PRODUCTS"(a) IN GENERAL.-- for plan years beginning on or after January 1, 2023, a group health plan or health insurance issuer offering group health insurance coverage shall [...]
On Monday, December 6, 2021, V-BID Center director, A. Mark Fendrick, presented at the NLCRT annual meeting.
Our November 2021 newsletter features policy developments, literature items, media reports, and events supporting continued momentum for multiple V-BID Center initiatives throughout November.
On Tuesday, November 9, 2021, V-BID Center director, A. Mark Fendrick, presented to the students of University of Michigan School of Public Health HMP 631.
October 20, 2021– the Centers for Medicare and Medicaid Services Innovation Center (CMMI) has released a white paper detailing its strategic direction for the next decade.
On Tuesday, October 26, 2021, V-BID Center director, Dr. A. Mark Fendrick, spoke at the Community Oncology Alliance 2021 virtual Payer Exchange Summit.
On Thursday, October 21, 2021, V-BID Center director, Dr. A. Mark Fendrick, spoke at the 2021 BMA Summit on a panel discussing value-based care.
New NPC-funded research by the Employee Benefit Research Institute (EBRI) has found that many employers would like to further broaden pre-deductible coverage for medications and health services used to treat common chronic conditions.
The V-BID Center is accepting sponsorship inquiries for 2022.
On Tuesday, October 5, 2021, V-BID Center director, Dr. A. Mark Fendrick, presented to the University of Michigan chapter of Alpha Epsilon Delta, a pre-health society.
Our September 2021 newsletter features policy developments, literature items, media reports, and events supporting continued momentum for multiple V-BID Center initiatives throughout September.
On Wednesday, September 29, 2021, V-BID Center director, Dr. A. Mark Fendrick, spoke at a chronic health care briefing, hosted by America's Health Insurance Plans (AHIP) and the Smarter Health Care Coalition (SHCC).
