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 [...]
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.
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.
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.
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.
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.
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.
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.
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 [...]
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 On December 3rd, 2018, the White House released its 119-page report, Reforming America's Healthcare System Through Choice [...]
On August 10, the Centers for Medicare & Medicaid Services (CMS) announced refinements to the design of the second year of the Medicare Advantage Value-Based Insurance Design (MA V-BID) model. The MA-V-BID model is an [...]
V-BID aligns patients' out-of-pocket costs with the value of services. These innovative plans are designed with the tenets of "clinical nuance", recognizing that 1) clinical services differ in the benefit health produced, and 2) the clinical benefit derived from a specific service depends on who receives it, who provides it, where it is provided. Our new video offers a visual guide to better understand clinical nuance.
Washington, July 13, 2016 - According to the American College of Physicians (ACP), consumer cost-sharing, particularly deductibles, may cause patients to forgo or delay care, including medically necessary services. ACP's position paper, "Addressing the Increasing [...]
This interactive timeline highlights the history of Value-Based Insurance Design (V-BID) from the conception of clinically nuanced cost-sharing to the implementation of V-BID principles into private and public health plans across the country.
