On March 14, 2018, 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 2018 V-BID Summit.
V-BID Center Director, A. Mark Fendrick, MD, and Executive Director of the National Forum, John Clymer The National Forum for Heart Disease & Stroke Prevention annually recognizes individuals and organizations who have made exceptional contributions to heart disease and stroke prevention by effecting policy change on a national, state, or local level. The V-BID Center was recently honored with the 2017 National Forum Public Policy Award for “advancing value-based care and prevention through legislation and executive policy making. The Center’s development of policy proposals and persistence in educating policy makers has led to action by both Congress and the Administration, resulting in more people benefiting from high-value health care.” Previous recipients of the award include Partnership for Prevention, Claudia Louis of the American Heart Association, and Senator Tom Harkin.
On Thursday, September 7, Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), along with Dr. Michael Chernew, presented at the Center for Consumer Information and Insurance Oversight (CCIIO) in Bethesda, MD. CCIIO is the component of the Centers for Medicare & Medicaid (CMS) responsible for implementing the private health insurance portions of the Patient Protection and Affordable Care Act (PPACA). The CCIIO speaker series highlights interesting work related to the individual market, both on- and off-exchange. View the resources below for more information.
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.
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
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 [...]
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.
Dr. A. Mark Fendrick, Director of the Center for Value-Based Insurance Design (V-BID), recently traveled to mainland China to present at the Chinese Economic Society's Roundtable Discussion on precision medicine, the China-US Precision Medicine Industry and Policy Forum, and Beijing Hospital. For more information about each of these events, please follow the links below. Dr. Fendrick addressing the Chinese Economic Society about key tenets of V-BID strategy.
On Monday, May 23rd, Dr. A. Mark Fendrick, V-BID Center Director, spoke about value-based insurance design (V-BID) at the Military Health System (MHS) Value-Based Care Summit at the Defense Health Headquarters. The event was hosted by the Defense Health Agency (DHA) and took place just outside Washington, D.C. Dr. Fendrick served as the keynote speaker for the summit, which brought together senior leaders in the Armed Services and key personnel from the DHA and TRICARE. Dr. Fendrick's presentation, "Enhancing Value in the Military Health System: Using 'Clinical Nuance' to Align Provider and Consumer Incentives," highlighted the long-term strategy, rationale, and utility for implementing V-BID in the MHS. Dr. Fendrick's presentation, as well as the detailed MHS summit brochure and agenda are available below. Presentation Summit Brochure Summit Agenda In February of this year, Dr. Fendrick testified before the US Senate Committee on [...]
On Tuesday, February 23rd, Dr. A. Mark Fendrick, V-BID Center Director, testified before the United States Senate Committee on Armed Services Subcommittee on Personnel. Dr. Fendrick discussed how the principles of value-based insurance design (V-BID) and clinical nuance can contribute positively to defense health care reform.https://youtu.be/zprEwpVgXCo Additional testimony materials available below:
On Tuesday, February 23rd, 2016, Dr. A. Mark Fendrick, V-BID Center Director, testified before the United States Senate Committee on Armed Services Subcommittee on Personnel. Dr. Fendrick discussed how the principles of value-based insurance design (V-BID) and clinical nuance can contribute positively to defense health care reform.The hearing announcement and testimony materials are available below:
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
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.’
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
The 2013 summit invited policymakers, state health commissioners, plan directors, and health system leaders to engage in a highly interactive format to address supply- and demand-side innovations in numerous payer settings including state health insurance exchanges, Medicaid and Medicare plans, accountable care organizations and commercial insurance plans.
