Medicare provides health insurance to 54 million elderly and disabled Americans. Enrollment is expected to increase rapidly in coming years, as 10,000 baby boomers becoming eligible for Medicare each day. However, without action, the costs [...]
Thursday, October 2, 2014, Washington, DC. The Centers for Medicare & Medicaid Services (CMS) released a request for information to innovate Medicare Prescription Drug Plans (PDP), Medicare Advantage (MA) and Medicare Advantage Prescription Drug Plans (MA-PD), Medicaid [...]
On Wednesday, September 17, 2014, The American Journal of Managed Care published an editorial by Dr. A. Mark Fendrick, V-BID Center Director, and Dr. Gerry Oster, Vice President of Policy Analysis Inc. The piece, also featured in [...]
Washington, D.C. September 11, 2014 - U.S. Senators John Thune (R-South Dakota) and Debbie Stabenow (D-Michigan) introduced bipartisan legislation The Value-Based Insurance Design (V-BID) for Better Care Act of 2014 (S.2783). A summary of S.2783 is [...]
July 23, 2014Washington, D.C. - Representatives Diane Black (R-TN) and Earl Blumenauer (D-OR) introduced H.R. 5183 - The V-BID for Better Care Act of 2014 to establish a regional demonstration program for Medicare Advantage plans that allows the utilization [...]
V-BID in action: Michigan Medicaid Expansion February 25, 2014 In September 2013, Michigan became the 25th state to expand Medicaid under the Affordable Care Act. The new Healthy Michigan Plan will provide coverage to an [...]
Washington, D.C. February 21, 2014 -- The CMS Innovation Center issued a 2015 call letter seeking to partner with private payers to test innovations including - but not limited to - V-BID, beneficiary engagement, incentives, [...]
February 21, 2014 - We are pleased to announce that Representatives John Dingell (D-MI) and Diane Black (R-TN) will convene a briefing on the role of V-BID in Medicare on Capitol Hill, Friday, February 28th. [...]
January 15, 2014 WASHINGTON, D.C. - Today, U.S. Senators Ron Wyden, D-OR, and Johnny Isakson, R-GA, and U.S. Representatives Erik Paulsen, R-MN, and Peter Welch, D-VT, introduced legislation to improve care coordination for the millions of Medicare [...]
Harvard Business Review Insight Center: Smarter Consumer Cost Sharing Using Clinical Nuance November 18, 2013 The Harvard Business Review Insight Center features a collaborative blog post on smarter "clinically nuanced" consumer cost-sharing by Drs. Mark [...]
October 23, 2013 - Over the past year, diverse policy centers and stakeholder coalitions including the Bipartisan Policy Center, Brookings Institution, The Commonwealth Fund, Kaiser Family Foundation, National Coalition on Health Care, Partnership for Sustainable Health [...]
August 13, 2013 In a recent New York Times article, Harvard economist Sendhil Mullainathan articulates strong support for clinically nuanced value-based insurance design (V-BID) programs. Mullainathan highlights the well-documented problem of cost-related medication non-adherence and recommends [...]
August 1, 2013 LANSING, MI - Yesterday’s 20-18 Senate vote made Michigan the 25th state in the nation to expand Medicaid under the Affordable Care Act. The new plan—Healthy Michigan—will provide coverage to an additional [...]
June 25, 2013 Value-Based Insurance Design (V-BID), a concept developed and researched by the V-BID Center at the University of Michigan, has garnered recent attention from high profile state health policy makers. In a U.S. House of [...]
April 17, 2013 A recent report published by the Partnership for Sustainable Health Care and funded by the Robert Wood Johnson Foundation singled out the adoption of Value-Based Insurance Design (V-BID) as one of five [...]
