Adventures in Healthcare: Precision Medicine Needs Precision Benefit Design

The V-BID center proposes an innovative and dynamic benefit design – Precision Benefit Design – that recognizes that individualized therapies are often needed to achieve desired health outcomes. This proposed benefit design plan lowers consumer cost-sharing for those who diligently follow the required steps for their condition, but require an alternative option.

V-BID Interns2019-10-30T18:16:40+05:00April 5th, 2018|Comics, Resources|

2017-2018 V-BID Center Report

V-BID Interns2020-01-28T19:34:07+05:00April 3rd, 2018|Annual Reviews, Resources|

Whiteboard Video: Precision Co-Pay Assistance Programs

Consumer cost-sharing for prescription drugs is high and getting higher.  To address the high out-of-pocket medication costs, patient assistance programs -- such as co-pay cards -- have become available to reduce consumers' financial liability.  However, the use of co-pay assistance for medications for which there is an effective, lower-cost alternative is deemed as financially burdensome to the healthcare system. To counteract this inefficiency, Accumulator Adjuster Programs - which prevent co-pay assistance funds from being applied to patients' deductibles - are increasingly being implemented, resulting in greater patient financial responsibility and potential disruption of recommended treatments.   Our "Precision Co-Pay Assistance Programs" whiteboard video introduces a clinically nuanced solution designed to ensure access to clinically indicated therapies. Check out our additional materials on patient assistance programs by clicking one of the buttons below.  

V-BID Interns2020-01-20T15:47:29+05:00January 11th, 2018|Videos|

V-BID Animated Video: Aligning Payment Reform with Benefit Design

The Center for Value-Based Insurance Design presents "Moving from Volume to Value: Aligning Providers and Consumers"

V-BID Interns2020-01-20T15:57:13+05:00June 14th, 2017|Videos|

June 7, 2017: Committee on Ways and Means Medicare Advantage Testimony

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

V-BID Interns2020-07-28T01:00:51+05:00June 5th, 2017|Events, Press Releases, Testimonies|

HSA-HDHP Interactive Timeline

This interactive timeline highlights the history of Value-Based Insurance Design (V-BID) from the conception of clinically nuanced cost-sharing to the implementation of V-BID principles into private and public health plans across the country.

V-BID Interns2020-01-28T19:35:51+05:00November 6th, 2016|Interactive Timeline|

Precision Medicine Initiative Timeline

V-BID Interns2020-01-28T19:36:18+05:00August 19th, 2016|Interactive Timeline|

V-BID Animated Video: Understanding Clinical Nuance

V-BID aligns patients' out-of-pocket costs with the value of services. These innovative plans are designed with the tenets of "clinical nuance", recognizing that 1) clinical services differ in the benefit health produced, and 2) the clinical benefit derived from a specific service depends on who receives it, who provides it, where it is provided. Our new video offers a visual guide to better understand clinical nuance.

Vbidcenter2020-01-07T19:48:04+05:00August 2nd, 2016|Videos|

VBID: How Clinically Nuanced Care Became a Game Changer

This interactive timeline highlights the history of Value-Based Insurance Design (V-BID) from the conception of clinically nuanced cost-sharing to the implementation of V-BID principles into private and public health plans across the country.

V-BID Interns2020-01-07T20:42:04+05:00April 8th, 2016|Interactive Timeline|