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So far V-BID Interns has created 328 blog entries.

Thursday, July 13: Congressional Briefing – The Cost and Value of Prescription Medicines

On Thursday, July 13, the Biotechnology Innovation Organization along with Biocom, Bio NJ, Bio Utah, CLSA, and other health organizations, co-hosted a congressional briefing at the House of Representatives in Washington, DC.  Discussion surrounded the cost and value of prescription medicines to patients, caregivers, and our health care system.Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), gave a presentation on value-based medicine and drug pricing and savings in healthcare.View the resources below for more information on V-BID and Precision Medicine.

V-BID Interns2021-07-29T23:23:56+05:00July 4th, 2017|Briefings, Events, Other Events|
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V-BID Animated Video: Aligning Payment Reform with Benefit Design

The Center for Value-Based Insurance Design presents "Moving from Volume to Value: Aligning Providers and Consumers"

V-BID Interns2020-01-20T15:57:13+05:00June 14th, 2017|Videos|
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June 7, 2017: Committee on Ways and Means Medicare Advantage Testimony

On Wednesday, June 7th, Dr. A. Mark Fendrick, V-BID Center Director, testified before the Committee on Ways and Means, Subcommittee on Health hearing on Promoting Integrated and Coordinated Care for Medicare Beneficiaries.  Dr. Fendrick discussed how the principles of value-based insurance design (V-BID) and clinical nuance can contribute positively to Medicare Advantage. Learn more about V-BID in Medicare Advantage To view the full hearing, click here. Additional testimony materials available below:        Learn more about V-BID in Medicare Advantage

V-BID Interns2020-07-28T01:00:51+05:00June 5th, 2017|Events, Press Releases, Testimonies|
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Cost-Sharing for Immunizations in Medicare: Impacts on Beneficiaries and Recommendations for Policymakers

Cost-Sharing for Immunizations in Medicare: Impacts on Beneficiaries and Recommendations for Policymakers Introduction Vaccine-preventable diseases affecting adults cost the US nearly $9 billion per year, including $5.9 billion in inpatient costs alone.1  Yet rates of vaccination among adults remain stubbornly low, with a 2012 report suggesting more than 20 million Medicare beneficiaries have not received vaccinations in accordance with evidence-based guidelines.2  Specifically, in 2014: • 28 percent of Americans age 65 and older were not vaccinated for influenza, • 38 percent of Americans age 65 and older were not vaccinated for pneumococcal disease, and • 69 percent of Americans age 65 and older were not vaccinated for herpes zoster.3 Given the high-value of immunizations and the substantial room for improvement with vaccine compliance, the Healthy People 2020 goals include numerous objectives dedicated to increasing receipt of evidence-based immunizations – including the percentage of adults vaccinated [...]

V-BID Interns2019-10-30T18:16:46+05:00May 5th, 2017|Briefs|
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Related Articles: HSA-Eligible High-Deductible Health Plans

External Resources & Links: Health Savings Account-Eligible High-Deductible Health Plans Expand the health savings account 'safe harbor' to reduce health costsThe Hill - A. Mark Fendrick, MDFull ArticlePrecision Benefit Design - Using "Smarter" Deductibles to Better Engage Consumers and Mitigate Cost-Related NonadherenceJAMA - A. Mark Fendrick, MD & Michael E. Chernew, PhDFull Article General: HSA-HDHPs Value-Based Insurance Design Benefit Offsets Reductions In Medication Adherence Associated With Switch To Deductible Plan Health Affairs - Mary E. Reed, E. Margaret Warton, Eileen Kim, Matthew D. Solomon, and Andrew J. Karter Full ArticleRepublicans Want You in a Health Savings Account. So Now What?The New York Times - Ron Lieber Full Article With a High Deductible, Even a Doctor Can Shortchange His HealthThe Washington Post - Dan Gorenstein Full Article Health Savings Accounts Are Back In The Policy SpotlightNPR - Julie ApplebyFull Article Trump Plan To Increase Health Savings Accounts Should Ensure That They Do Not Only Benefit [...]

V-BID Interns2020-01-06T16:08:59+05:00April 14th, 2017|Uncategorized|
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V-BID in Action: A Profile of Connecticut’s Health Enhancement Program

V-BID in Action: A Profile of Connecticut’s Health Enhancement Program Value-Based Insurance Design (V-BID)—hailed as a “game changer” by the National Coalition on Health Care— refers to insurance designs that vary consumer cost-sharing to distinguish between high-value and low-value health care services and providers.  V-BID entails (1) reducing financial barriers that deter use of evidence-based services and high-performing providers, and (2) imposing disincentives to discourage use of low-value care.  Through the incorporation of greater clinical nuance in benefit design, payers, purchasers, taxpayers, and consumers can attain more health for every dollar spent.  The University of Michigan Center for V-BID leads in research, development, and advocacy for innovative health benefit plans and payment reform initiatives. Connecticut Seeks to Improve Health and Contain Costs The State of Connecticut faced a projected budget gap of $3.8 billion in fiscal year 2012, and state employees were asked to help address the [...]

V-BID Interns2020-01-06T16:23:57+05:00February 21st, 2017|Briefs|
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V-BID Congressional Briefing, February 7, 2017

Value-Based Insurance Design:  An Innovative Approach to Improve Medicare Advantage, Health Savings Accounts, and TRICARE Washington, DC:  On Tuesday, February 7, Representatives Diane Black (R-TN) and Earl Blumenauer (D-OR) convened a bipartisan briefing on the role of Value-Based Insurance Design (V-BID) in Health Savings Accounts, Medicare Advantage, and Tricare.  V-BID Center Co-founders A. Mark Fendrick, MD, and Michael Chernew, PhD, discussed the role of V-BID as a bipartisan, multi-stakeholder solution to improve quality, enhance consumer experience, and lower costs.  In their introductory remarks, Congressmen Black and Blumenauer highlighted the rare bipartisan support for V-BID and praised its role in improving the health of Americans and lowering health care spending.  Both were enthusiastic about partnering on bipartisan legislation to expand V-BID in private and public payers. Access to quality medical care and containing health care expenditures are among the most pressing issues for our military personnel, our national well-being and economic security.  Understanding how commercial [...]

V-BID Interns2020-08-04T23:55:35+05:00February 2nd, 2017|Briefings, Events, News, Press Releases|
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TRICARE Legislation

National Defense Authorization Act for Fiscal Year 2018 The 2018 NDAA  includes the incorporation of V-BID principles within Section 702 – Modifications of cost-sharing requirements for the TRICARE Pharmacy Benefits Program and treatment of certain pharmaceutical agents.   Full Text Press Release   National Defense Authorization Act for Fiscal Year 2017 The pilot includes an evaluation of how reducing or eliminating the cost-sharing for specified high-value medications and services impacts:  (I) adherence to medication regimens; (II) quality measures; (III) health outcomes; and (IV) beneficiary experience. Full Text V-BID Pilot Text [Section 701] Press Release      

V-BID Interns2020-01-06T16:29:09+05:00January 24th, 2017|Uncategorized|
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HSA-HDHPs Legislation

S. 1424 and H.R. 3563 - Chronic Disease Management Act of 2021Builds upon previous versions of CDMA and follows guidance issued by the US Department of Treasury in 2019 to further increase the flexibility of HSA-HDHPs to cover chronic disease services on pre-deductible basis.  Full Text Summary Press Release S. 3200 - Chronic Disease Management Act of 2020A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible. Full Text Summary Press Release S. 1948 - Chronic Disease Management Act of 2019A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible. Full Text Summary Press Release S. 2410 and H.R. 4978 - Chronic Disease Management Act of [...]

V-BID Interns2021-09-29T20:51:13+05:00January 24th, 2017|Uncategorized|
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Medicare/Medicare Advantage Legislation

Bipartisan Budget Act of 2018 Incorporates the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act of 2017, which includes the expansion of the CMMI Medicare Advantage Value-Based Insurance Design (V-BID) Model to all 50 states Full Text Summary Press Release   S. 870 - Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act of 2017 Seeks to strengthen and improve health outcomes for Medicare beneficiaries living with chronic conditions.  Among the recommendations is the expansion of the Medicare Advantage V-BID demonstration to plans in any state. Full Text Summary Press Release   H.R. 1995 - V-BID for Better Care Act of 2017 Seeks to amend title XVII of the Social Security to provide for national testing of the Medicare Advantage V-BID model. Full Text Summary Press Release   S. [...]

V-BID Interns2019-10-30T18:16:47+05:00January 24th, 2017|Uncategorized|
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Press Release: JAMA Internal Medicine – “Smarter” Deductibles to Better Engage Consumers and Mitigate Cost-Related Nonadherence

As Washington grapples with the fate of the Affordable Care Act, a pair of health care researchers has proposed a new way to design health insurance plans [...]

V-BID Interns2019-10-30T18:16:47+05:00January 9th, 2017|News, Press Releases|
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Press Release: President Signs Defense Bill Authorizing V-BID Pilot in TRICARE

President Signs Defense Bill Authorizing TRICARE V-BID Pilot On Friday, December 23rd, 2016, the President signed a $619 billion defense bill that calls for a pilot program to demonstrate and test the feasibility of incorporating Value-Based Insurance Design into the TRICARE program.  The pilot aims to improve health outcomes and enhance the experience of care for U.S. Armed Forces military personnel, military retirees, and their dependents. Section 701:  (1) IN GENERAL -- Not later than January 1, 2018, the Secretary of Defense shall carry out a pilot program to demonstrate and assess the feasibility of incorporating value-based health care methodology in the purchased care component of the TRICARE program by reducing copayments or cost shares for targeted populations of covered beneficiaries in the receipt of high-value medications and services and the use of high-value providers under such purchased care component, including by exempting certain services from deductible [...]

V-BID Interns2020-01-06T16:34:47+05:00December 26th, 2016|News, Press Releases|
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Press Release: 2017 National Defense Authorization Act calls for V-BID Demonstration

2017 Defense Bill Calls for Expanded Role for V-BID in TRICARE Program House and Senate conferees have agreed to an almost $619 billion defense budget that calls for a demonstration using Value-Based Insurance Design in the TRICARE program.  The National Defense Authorization Act for fiscal year 2017 is tentatively scheduled for a House vote Friday and a Senate vote soon thereafter, senior staffers told the press on December 1st.  Text of the conference report - Page 454: (1) IN GENERAL -- Not later than January 1, 2018, the Secretary of Defense shall carry out a pilot program to demonstrate and assess the feasibility of incorporating value-based health care methodology in the purchased care component of the TRICARE program by reducing copayments or cost shares for targeted populations of covered beneficiaries in the receipt of high-value medications and services and the use of high-value providers under such purchased [...]

V-BID Interns2021-03-03T12:35:05+05:00December 1st, 2016|News, Press Releases|
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V-BID Summit 2016: Precision Medicine Needs Precision Benefit Design

On October 26, 2016, leaders from across the health care spectrum came together to discuss strategies for tackling some of the industry’s most relevant challenges at the University of Michigan Center for Value-Based Insurance Design‘s 2016 V-BID Summit: Precision Medicine Needs Precision Benefit Design.

V-BID Interns2023-02-02T19:46:17+05:00November 9th, 2016|V-BID Summits|
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