October 20, 2021– the Centers for Medicare and Medicaid Services Innovation Center (CMMI) has released a white paper detailing its strategic direction for the next decade.
New NPC-funded research by the Employee Benefit Research Institute (EBRI) has found that many employers would like to further broaden pre-deductible coverage for medications and health services used to treat common chronic conditions.
In July 2021, the DC Health Benefit Exchange Authority (DCHBX) voted to adopt key recommendations from its Social Justice and Health Disparities Working Group which aim to expand access to providers and health systems, eliminate health outcome disparities, and ensure equitable treatment in health care settings and delivery of health care services for communities of color.
On April 28, 2021, Senators John Thune (R-SD) and Tom Carper (D-DE), re-introduced the Chronic Disease Management Act in the United States Senate. This bill builds upon its previous versions and includes criteria from the 2019 IRS guidance to further increase the flexibility of HSA-HDHPs to cover chronic disease services on pre-deductible basis.
On Tuesday, April 20, 2021, V-BID Center director, A. Mark Fendrick, presented at the Federal Employees Health Benefits Program Carrier Conference, co-hosted by the U.S. Office of Personnel Management (OPM) and America’s Health Insurance Plans (AHIP).
Press Release: Significant Uptake of IRS Rule Expanding Pre-Deductible Coverage of Chronic Disease Services
The 2020 Kaiser Family Foundation Survey of Employer Health Benefits reported significant uptake of a 2019 federal rule that expanded the number of clinical services that may be covered before enrollees meet their plan deductibles.
Washington, DC — On Wednesday, the Biden-Sanders Unity Task Force released a 110-page document detailing recommendations for key issues, including health care.
On April 10, 2020 at 12PM EDT, the V-BID Center's A. Mark Fendrick will virtually present at the University of Michigan Department of Internal Medicine Grand Rounds.
In the proposed 2021 Notice of Benefit and Payment Parameters rule, released on January 31, 2020, the Department of Health and Human Services (HHS) declared broad support for the inclusion of V-BID principles in marketplace health plans.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into into law on March 25, 2020.
Wasington, DC -- On Wednesday, the President signed the Families First Coronavirus Response Act (HR 6201) into law. Among other stipulations, this legislation eliminates cost-sharing for COVID-19 testing.
Today, the Centers for Medicare & Medicaid Services announced a new model, Part D Senior Savings, dramatically reducing insulin-related out-of-pocket costs for 3 million Medicare beneficiaries.
BREAKING NEWS: IRS Responds to COVID-19 by Eliminating Cost-Sharing for Screening, Testing, and Vaccination
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.
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.
This week’s episode of IlluminateHR, an engaging Human Resources podcast, features the innovative concept that is value-based insurance design.