Supporting Consumer Access to Specialty Medications through Value-Based Insurance Design Originally Produced: June 2014 Updated: February 2017 Introduction Specialty pharmaceuticals are medications that consist of complex molecules, are often complicated to deliver, and/or carry high [...]
Despite large, innovative improvements in medicine, cost growth in healthcare is the main focus for healthcare reform. The V-BID Center proposes that we shift the healthcare cost discussion from "how much" to "how well" through [...]
V-BID in action: Michigan Medicaid Expansion February 25, 2014 In September 2013, Michigan became the 25th state to expand Medicaid under the Affordable Care Act. The new Healthy Michigan Plan will provide coverage to an [...]
Consumer Operated and Oriented Plans: A Potential Role for V-BID Implementation [1] Originally Produced: January 2014. Updated: July 2016 Introduction Value-Based Insurance Design (V-BID) aligns consumer incentives with value by reducing barriers to high-value clinical services and [...]
Harvard Business Review Insight Center: Smarter Consumer Cost Sharing Using Clinical Nuance November 18, 2013 The Harvard Business Review Insight Center features a collaborative blog post on smarter "clinically nuanced" consumer cost-sharing by Drs. Mark [...]
Originally Produced: August 2013 Updated: February 2014V-BID in Action: Michigan Medicaid ExpansionIntroductionValue-Based Insurance Design (V-BID) is an innovative approach that can improve clinical outcomes and contain costs. The basic premise of V-BID is to [...]
August 13, 2013 In a recent New York Times article, Harvard economist Sendhil Mullainathan articulates strong support for clinically nuanced value-based insurance design (V-BID) programs. Mullainathan highlights the well-documented problem of cost-related medication non-adherence and recommends [...]
New Regulations Permit Use of Value-Based Insurance Design in State Medicaid Programs Originally Produced: July 2013 Updated: June 2016. Introduction Value-Based Insurance Design (V-BID) is an innovative approach that can improve clinical outcomes and contain [...]
June 25, 2013 Value-Based Insurance Design (V-BID), a concept developed and researched by the V-BID Center at the University of Michigan, has garnered recent attention from high profile state health policy makers. In a U.S. House of [...]
Originally Produced: June 2013 Updated: February 2016 Implementing Value-Based Insurance Design in Medicare Advantage Introduction Due to misaligned incentives, Medicare beneficiaries currently receive too little high-value care and too much low-value care. Value-Based Insurance [...]
April 17, 2013 A recent report published by the Partnership for Sustainable Health Care and funded by the Robert Wood Johnson Foundation singled out the adoption of Value-Based Insurance Design (V-BID) as one of five [...]
Originally Produced: April 2013 Updated: July 2016. V-BID and Grandfathered Health Plans: Promoting High Value Services and Controlling Costs Introduction Value-Based Insurance Design (V-BID) is an innovative approach that can improve clinical outcomes and contain [...]
U.S. House Ways and Means Subcommittee on Health V-BID Center director A. Mark Fendrick testified at a hearing on Medicare benefit design before the U.S. House Ways and Means Subcommittee on Health Dr. Fendrick's testimony [...]
U.S. House Ways and Means Subcommittee on Health V-BID Center director A. Mark Fendrick, M.D., testified at a hearing on Medicare benefit design before the U.S. House Ways and Means Subcommittee on Health. Dr. Fendrick's testimony [...]
February 7, 2013 According to two recently published reports, the successful implementation of value-based insurance design (V-BID) in state exchanges is contingent on transparency and consumer education efforts. As officials from California and other states [...]
