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So far Vbidcenter has created 97 blog entries.

Wednesday, July 15th: National Clinician Scholars Program Lecture

National Clinician Scholars Program Enhancing Access & Affordability to Essential Clinical Services On Wednesday, July 15th, 2020, Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), gave a lecture to the University of Michigan IHPI National Clinician Scholars Program in Ann Arbor, MI. His presentation, entitled, "Enhancing Access & Affordability to Essential Clinical Services", is available below. Dr. Fendrick's Presentation

Vbidcenter2020-07-15T18:16:26+05:00July 15th, 2020|Events, Other Events|

Precision Patient Assistance Programs to Enhance Access to Clinically Indicated Therapies: Right Drug, Right Time, Right Cost-Share

Precision Patient Assistance Programs to Enhance Access to Clinically Indicated Therapies: Right Drug, Right Time, Right Cost-Share Cost-Sharing and its Consequences Consumer cost-sharing for medical care and medications is high and getting higher.  The average deductible for employer-sponsored single coverage increased by more than 250% between 2006 and 2016, and is now nearly $1,500.1  Even after any applicable deductible has been satisfied, patients are often liable for high copayments and coinsurance.  The average copay or coinsurance for a fourth-tier drug in employer-sponsored coverage was $102 in 2016.  In 2016, more than 25% of Medicare beneficiaries spent 20% or more of their income on out-of-pocket health care costs,2 with a significant share of this spending devoted to coinsurance of 25-33% for specialty medications.  Most Medicare Part D beneficiaries taking a single specialty drug will pay no less than $2,000 over the course of one year[a].3  For Medicare Part [...]

Vbidcenter2020-06-12T19:48:53+05:00June 12th, 2020|Briefs|

Friday, April 10, 2020: University of Michigan Medicine Grand Rounds

On April 10, 2020 at 12PM EDT, the V-BID Center's A. Mark Fendrick will virtually present at the University of Michigan Department of Internal Medicine Grand Rounds.

Vbidcenter2020-04-13T23:47:01+05:00April 10th, 2020|Events, Other Events|

BREAKING NEWS: IRS Responds to COVID-19 by Eliminating Cost-Sharing for Screening, Testing, and Vaccination

Breaking News: On March 11, 2020 IRS issued guidance (Notice 2020-15, High Deductible Health Plans and Expenses Related to COVID-19) confirming that health plans and employers may reduce or eliminate cost-sharing for COVID-19 screening, treatment, and vaccination, including for Americans enrolled in high-deductible health plans coupled with Health Savings Accounts.

Vbidcenter2020-04-01T19:42:53+05:00March 12th, 2020|News, Press Releases|

Thursday, March 12, 2020: The Institute of Continuing Legal Education

On March 12, 2020, the V-BID Center's A. Mark Fendrick presented at the Institute of Continuing Legal Education (ICLE) in Plymouth, MI.

Vbidcenter2020-03-02T23:54:02+05:00March 2nd, 2020|Other Events|

Thursday, February 20, 2020: Health Resources & Services Administration

On February 20, 2020, the V-BID Center's A. Mark Fendrick presented the V-BID model to the Health Resources and Services Administration's Advisory Committee on Interdisciplinary, Community-Based Linkages.

Vbidcenter2020-02-14T02:05:25+05:00February 13th, 2020|Events, Other Events|

Thursday, February 13, 2020: National Academy of Medicine

On February 13, 2020, the V-BID Center's A. Mark Fendrick presented at The National Academy of Medicine's Value Incentives & Systems Action Collaborative. His session identifies V-BID X as the template to guide organizations interested in incorporating cost-neutral, value-based principles into their plan benefit design.

Vbidcenter2020-02-12T19:20:24+05:00February 11th, 2020|Events, Other Events|

V-BID Principles Save Diabetics Over $1K

This week, the cost-saving principles of V-BID have made headlines. Fortune Magazine highlights how the V-BID Center‘s successes in policy enable high-deductible insurance plans to cover the cost of essential services. Reuters News reports on how CVS is putting V-BID principles into practice with the launch of a new program.

Vbidcenter2020-02-20T02:06:24+05:00January 30th, 2020|News, Press Releases|

Thursday, January 30th, 2020: V-BID X Webinar with Northeast Business Group on Health

On Thursday, January 30th, Dr. A. Mark Fendrick, MD and the V-BID Center hosted the webinar 'VBID X: A New Plan Option for the Individual Health Insurance Market' for the Northeast Business Group on Health. V-BID X is geared towards employers and serves a template to guide incorporation of the VBID model - cost-neutral, value-based principles - into the organization's plan benefit design.

Vbidcenter2020-01-30T21:31:33+05:00January 29th, 2020|Events, Other Events, Webinars|

Wednesday, January 29, 2020: Center for Value-Based Insurance Design + Smarter Health Care Coalition Summit

On Wednesday, January 29, Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), delivered the closing address at the "Policy, Politics, and Progress" Summit.

Vbidcenter2020-07-30T22:17:35+05:00January 28th, 2020|Events|

Thursday, January 23, 2020: Healthcare Administration Scholars Program

            On Thursday, January 23, Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), presented at the University of Michigan's Healthcare Administration Scholars Program. This educational experience was designed for house officers interested in pursuing healthcare administration.  Dr. Fendrick presented on value-based insurance design topics, including the impact of consumer cost-sharing, clinical nuance, translating research into policy, addressing unnecessary care, and aligning provider and consumer incentives. Click here to view Dr. Fendrick's presentation.  

Vbidcenter2020-01-23T20:25:27+05:00January 23rd, 2020|Events|

IlluminateHR Podcast Features V-BID Center founder, Dr. A Mark Fendrick

This week’s episode of IlluminateHR, an engaging Human Resources podcast, features the innovative concept that is value-based insurance design.

Vbidcenter2020-02-20T02:06:52+05:00January 20th, 2020|News, Press Releases|

Press Release: Chronic Disease Management Act of 2020 Introduced in Senate

January 15, 2020-- Today, Senators John Thune (R-SD) and Tom Carper (D-DE), re-introduced the Chronic Disease Management Act in the United States Senate. Co-sponsored by Senators Kevin Cramer (R-ND), Martha McSally (R-AZ), Kyrsten Sinema (D-AZ), and Tina Smith (D-MN), this bill builds upon its previous version (S. 1948) and includes criteria from the 2019 IRS guidance and further increases the flexibility of HSA-HDHPs to cover chronic disease services on pre-deductible basis.

Vbidcenter2020-01-23T23:55:49+05:00January 17th, 2020|Press Releases|

V-BID Center in the News: December 2019

This December, the Center for Value-Based Insurance Design was featured in the publications of The Health Care Blog and Fierce Healthcare.

Vbidcenter2020-01-17T20:44:40+05:00December 17th, 2019|News|