2019 V-BID Center Year in Review
View 2019 highlights from the V-BID Center.
2018: A Year In Review with the V-BID Center
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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.
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.
2017 Year in Review
This interactive timeline highlights the standout V-BID achievements in 2017, from the launch of the Medicare Advantage V-BID Demonstration to receiving the National Forum Public Policy Award.
V-BID Whiteboard Video: Precision Benefit Design
Access to prescription drugs is a hot-button health care issue. The V-BID center proposes an innovative and dynamic concept - Precision Benefit Design - that recognizes that individualized therapies are often needed to achieve desired health outcomes.
V-BID Whiteboard Video: The High-Deductible Health Plan-Plus
High-deductible health plans with a health savings account are increasing in popularity, but patients with chronic health conditions still struggle to afford the care they need. The Center for Value-Based Insurance Design proposes an innovative alternative to HSA-HDHPs, called the High-Value Health Plan.
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"
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
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 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.
V-BID Policy 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.
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.
The History of V-BID in the Medicare Program
This interactive timeline explores the history of Value-Based Insurance Design (V-BID) in Medicare and Medicare Advantage. It all began in 2005 with the founding of the V-BID Center. Since then, legislation has been written, public support has been strong, and V-BID has been infused into Medicare and Medicare Advantage policy.