V-BID Director on ‘Understanding Healthcare with Paula Zahn’
V-BID Center Director, Dr. A. Mark Fendrick was recently a featured guest on “Understanding Healthcare with Paula Zahn.” Both the preview and full-length episode are available online.
Seizing Opportunity to Provide Clinical Nuance in Medicare Advantage
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 [...]
V-BID included in CMS Request for Information to Innovate Medicare
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 [...]
AJMC Editorial on Generic Cost Sharing Generates Attention
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 [...]
V-BID for Better Care Act of 2014 Introduced in US Senate: “Transformative” Idea Attains Bipartisan, Bicameral Support
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 [...]
Value-Based Insurance Design Better Care Act Introduced to Congress
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
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 [...]
CMS Medicare Advantage Call Letter encourages V-BID Demo
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, [...]
Value-Based Insurance Design Congressional Briefing on Medicare
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. [...]
V-BID Concepts included in new Medicare Legislation to Improve Care and Lower Costs
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: Smarter Consumer Cost Sharing Using Clinical Nuance
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 [...]
JAMA: Reform Proposals from Seven National Policy Centers and Stakeholder Coalitions Endorse V-BID
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 [...]
V-BID in the New York Times: When Co-Pay Impedes 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 [...]
V-BID Plays Key Role in Michigan Medicaid Expansion
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 [...]
States looking at V-BID for exchanges and Medicaid
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 [...]