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So far Vbidcenter has created 155 blog entries.

February 9, 2016: MI Senate Appropriations Subcommittee on HHS Hearing

On Tuesday, February 9th, Dr. A. Mark Fendrick, V-BID Center Director, testified before the Michigan Senate Appropriations Subcommittee on Health and Human Services in Lansing, Michigan. Dr. Fendrick discussed opportunities to improve the health of Michigan residents through the utilization of value-based services and performance metrics, as well as how clinically nuanced cost-sharing has been an effective way to improve value and creates an opportunity for broad innovation in the Medicaid space.  Value-based insurance design (V-BID) principles are included in the Healthy Michigan Plan for Medicaid expansion, as outlined in the V-BID Center's Michigan Medicaid brief. The Hearing announcement can be accessed here. More Hearing materials are available below:   Presentation  Slides      AJMC Clinical Nuance Infographic   

Vbidcenter2019-10-30T18:16:54+05:00February 7th, 2016|Events, Other Events|
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V-BID 10th Anniversary Summit: A Decade of Transforming the Health Care Cost Discussion from ‘How Much’ to ‘How Well’

On October 6/7, 2015, the University of Michigan Center for Value-Based Insurance Design held its 10th Anniversary V-BID Summit entitled: A Decade of Transforming the Health Care Cost Discussion from ‘How Much’ to ‘How Well.’

Vbidcenter2020-01-15T20:56:06+05:00January 27th, 2016|V-BID Summits|
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V-BID Congressional Briefings, July 21st, 2015: Medicare Advantage & HDHP

  "Improving Consumers' Access to High-Value Health Care: Value-Based Insurance Design and alignment with delivery system reform"   Senate Briefing Details SD-G11 Dirksen Senate Office Building Tuesday, July 21st 10:00 AM- 11:00 AM (Continental breakfast available at 9:45) RSVP to: Arielle Zina at azina@smarterhc.org Senate Briefing Invitation House Briefing Details 1539 Longworth House Office Building Tuesday, July 21st 2:30 PM- 3:30 PM (Light lunch and appetizers available at 2:15) RSVP to: Arielle Zina at azina@smarterhc.org House Briefing Invitation     V-BID Materials                 MA Materials                 HDHP Materials                                  

Vbidcenter2019-10-30T18:16:54+05:00December 30th, 2015|Briefings|
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December 9, 2015: CMS/CMMI Diabetes Prevention Program Payer-Provider Summit

On Wednesday, December 9th, Dr. A. Mark Fendrick, V-BID Center Director, spoke at the Diabetes Prevention Program Payer-Provider Summit, hosted by the Center for Medicare and Medicaid Innovation. The summit brought together payers, providers, CMMI awardees, and state and federal leaders to collectively identify promising value-based payment models for the Diabetes Prevention Program.  Dr. Fendrick opened the "Payer Perspective" panel with a brief presentation on the role of Value-Based Insurance Design in the DPP and will participate in other discussions. Dr. Fendrick's slides are available below.   Presentation  Slides   

Vbidcenter2019-10-30T18:16:54+05:00December 8th, 2015|Events|
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V-BID Whiteboard Video: Goldilocks Chooses A Health Plan

Choosing a Health Plan?  Check out our new Whiteboard Video! The University of Michigan Center for Value-Based Insurance Design (V-BID) is pleased to introduce our very first student-created whiteboard video, Goldilocks Chooses a Health Plan. Much like finding the right bed, choosing a health plan can be challenging.  Watch as Goldilocks traverses through the complicated health insurance market of 'too soft' and 'too hard' health plans, and then discovers the Value-Based Insurance Design Plan, which is 'just right.' With this 'just right' health plan, Goldilocks has financial incentives to utilize high-value services and skip services of unproven value.  This plan also lowers cost-related non-adherence, improved health outcomes, and avoids the Cadillac Tax. For more information on choosing a 'just right' health plan, please contact the V-BID Center at vbidcenter@umich.edu.

Vbidcenter2019-10-30T18:16:54+05:00December 8th, 2015|News, Videos|
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CMS Announces Medicare Advantage V-BID Model Test

News Update: CMS Announces Medicare Advantage V-BID Model Test On September 1, 2015, the Centers for Medicare and Medicaid Services (CMS) announced a program to test Value-Based Insurance Design (V-BID) in Medicare Advantage (MA) plans.  The program will examine the utility of structuring patient cost-sharing and other health plan design elements to encourage patients to consume high-value clinical services, thereby improving quality and reducing costs. The model test is scheduled to begin on January 1, 2017.  CMS will conduct the model test in Arizona, Indiana, Iowa, Massachusetts, Oregon, Pennsylvania, and Tennessee.   "The Medicare Advantage Value-Based Insurance Design Model fills an immediate need for testing ways to improve care and reduce cost in Medicare Advantage Plans and offers the prospect of lower out-of-pocket costs and premiums along with better benefits for enrollees in Medicare Advantage," said Patrick Conway, MD, MSc, CMS deputy administrator and chief medical officer. For additional information about the CMMI [...]

Vbidcenter2019-10-30T18:16:55+05:00September 2nd, 2015|News, Press Releases|
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NEWS UPDATE: V-BID Medicare Advantage Bill Passes House of Representatives

Washington, DC – The Strengthening Medicare Advantage through Innovation and Transparency for Seniors Act of 2015 (HR 2570) was passed by the US House of Representatives on June 17th.  This bipartisan legislation includes a V-BID demonstration project that would allow Medicare Advantage plans to lower copayments and coinsurance for their beneficiaries, encouraging the use of high-value, evidence-based medical services to better manage chronic conditions.  The legislation explicitly prevents plans from increasing beneficiary cost-sharing on any service.  A bipartisan companion bill, Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 (S.1396), was introduced to the Senate on May 20th. This legislation coincides with a CMS Request for Information to Innovate Medicare that explicitly included V-BID.

Vbidcenter2019-10-30T18:16:56+05:00June 18th, 2015|News, Press Releases|
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UPDATE: MA V-BID Bill Passes Key House Committee

WASHINGTON, D.C. – The Preservation of Access for Seniors in Medicare Advantage Act of 2015 (HR 2581) was passed by the Ways and Means Committee on June 2nd.  This legislation would require the Secretary of Health and Human Services to select MA plans to begin testing V-BID methodology.  This demonstration project would allow plans to lower copayments and coinsurance for their beneficiaries, encouraging the use of high-value, evidence based medical services to better manage chronic conditions.  The legislation explicitly prevents plans from increasing beneficiary cost-sharing on any service. This bipartisan legislation will be discussed on the floor of the House of Representatives as part of a package of bills aimed to strengthen the Medicare Advantage program.  A bipartisan companion bill,  Value-Based Insurance Design Seniors Copayment Reduction Act of 2015 (S.1396), was introduced to the Senate on May 20th.  

Vbidcenter2019-10-30T18:16:56+05:00June 3rd, 2015|News, Press Releases|
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BREAKING NEWS: Thune-Stabenow Bill to Establish V-BID Demonstration in Medicare Advantage 

WASHINGTON, D.C. – U.S. Sens. John Thune (R-S.D.) and Debbie Stabenow (D-Mich.) today reintroduced bipartisan legislation that would establish a Medicare Advantage (MA) demonstration program to evaluate how value-based insurance design (V-BID) could reduce MA enrollees’ copayments and coinsurance for some beneficiaries with specific chronic conditions for certain high-value medications and services resulting in better health outcomes and reduced overall health spending. “We recognize that it’s a challenge to find policy solutions that achieve cost savings while at the same time improving patients’ health outcomes,” said Thune. “With V-BID, a promising health insurance concept, both patients and taxpayers win, proving that if money can be spent in a more targeted, effective way, it’s also possible to improve the value of care delivered.” “This legislation is a win-win,” said Stabenow. “It tests a new innovative model that lowers costs to Medicare patients for prescription drugs and services that provide [...]

Vbidcenter2019-10-30T18:16:56+05:00May 21st, 2015|News, Press Releases|
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Beyond SGR: Aligning Payment Reform with Consumer Engagement

Health Affairs Blog Post:  "Beyond SGR: Aligning The Peanut Butter Of Payment Reform With The Jelly Of Consumer Engagement" Building on the bipartisan repeal of Medicare's sustainable growth rate physician reimbursement model, this Health Affairs blog post explores how this value-driven movement provides a critical opportunity to combine both provider-facing initiatives, or "peanut butter" with consumer-driven strategies, aka "jelly" to produce innovative strategies that promote better consumer access to services on which their clinicians are benchmarked and financially rewarded for providing. The blog also urges value-based insurance design-inspired PB & J efforts to address regulatory barriers in HSA-eligible High Deductible Health Plans to allow voluntary flexibility to cover a broader spectrum of high-value services tied to quality metrics on a pre-deductible basis and to permit variation in beneficiary cost-sharing for guideline-recommended services for selected chronic conditions in specific populations enrolled in Medicare Advantage plans. The Center for Value Based [...]

Vbidcenter2019-10-30T18:16:56+05:00April 23rd, 2015|News|
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