Virtual V-BID Summit 2020
On March 25, 2020, leaders from across the country and the health care spectrum came together to discuss strategies for tackling some of the industry’s most relevant challenges at our virtual 15th anniversary Summit.
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.
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.
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.
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.
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.
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.
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.
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.
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), reintroduced the Chronic Disease Management Act in the United States Senate (S. 3200).
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.
V-BID in Medicare Advantage Learning Collaborative Fly-In 8/6-7/19
Lowering health care expenditures and ensuring access to high quality medical care for Medicare beneficiaries is a health policy priority. Value-Based Insurance Design (V-BID) is an innovative approach to consumer cost-sharing that can improve quality of care and potentially lower costs in the Medicare Program. V-BID plans are designed with the tenants of clinical nuance, recognizing that the clinical benefit derived from a specific service depends on the consumer using it, as well as when, where and by whom the service is provided. The most significant opportunity for V-BID implementation lies in the Medicare Advantage (MA) program.
July 24th, 2019: V-BID X Webinar
On July 24th, 2019, the V-BID Center co-hosted the webinar VBID X: A New Plan Option for the Individual Health Insurance Market, with the Harvard Healthcare Markets & Regulation Lab.
White House Report Urges Broader Coverage for Chronic Diseases in HSA-Qualified High-Deductible Health Plans
White House Report Urges Broader Coverage for Chronic Diseases in HSA-Qualified High-Deductible Health Plans On December 3rd, 2018, the White House released its 119-page report, Reforming America's Healthcare System Through Choice and Competition. In this report, HHS, in collaboration with the Department of Treasury, Labor, the FTC, and the White House, sets forth many formal recommendations aimed toward developing a better health care system. The report highlights the need for HSA reform and, more specifically, advocates for the expansion of the scope of preventive care and chronic condition services covered before the minimum deductible is met. An excerpt from pages 82 and 83 is included below: "As noted above, an additional constraint on the availability and use of HSAs is the requirement that HSA-qualified plans can only provide certain preventive care benefits before the minimum deductible is met. Reconsideration of the scope of [...]
Press Release: Senate Bill Expands V-BID Medicare Demonstration to all 50 States
December 6, 2016 - Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Ranking Member Ron Wyden, D-Ore., along with Senators Johnny Isakson, R-Ga., and Mark Warner, D-Va., co-chairs of the Finance Committee Chronic Care Working Group introduced S. 3504, the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act of 2016, a bipartisan bill 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: BILL SEC. 301. ADAPTING BENEFITS TO MEET THE NEEDS OF CHRONICALLY ILL MEDICARE ADVANTAGE ENROLLEES. (h) NATIONAL TESTING OF MODEL FOR MEDICARE ADVANTAGE VALUE-BASED INSURANCE DESIGN - (1) IN GENERAL - In implementing the model described in paragraph (2) proposed to be tested under section 1115A(b), the Secretary shall revise the testing of the model under such section to cover, effective not later than January 1, 2019, [...]