Please join us for a no-cost, interactive webinar that will address how the pandemic has created a rare opportunity enhance the efficiency of medical expenditures through payment reform, benefit design, and policy initiatives.
V-BID Center Update: V-BID Effective in Ensuring Medication Adherence in HDHPs and Reducing Low Value Care; Growing Bipartisan Policy Support
This update features policy developments, media reports, and events supporting continued momentum for multiple V-BID Center initiatives throughout July.
On March 25, 2020, leaders from across the country and the health care spectrum came together to discuss strategies for tackling some of the industry’s most relevant challenges at our virtual 15th anniversary Summit.
External Resources & Links: Health Savings Account-Eligible High-Deductible Health Plans Expand the health savings account 'safe harbor' to reduce health costsThe Hill - A. Mark Fendrick, MD Full Article Precision Benefit Design - Using "Smarter" Deductibles to Better Engage Consumers and Mitigate Cost-Related NonadherenceJAMA - A. Mark Fendrick, MD & Michael E. Chernew, PhD Full Article General: HSA-HDHPs Value-Based Insurance Design Benefit Offsets Reductions In Medication Adherence Associated With Switch To Deductible Plan Health Affairs - Mary E. Reed, E. Margaret Warton, Eileen Kim, Matthew D. Solomon, and Andrew J. Karter Full Article Republicans Want You in a Health Savings Account. So Now What?The New York Times - Ron Lieber Full Article With a High Deductible, Even a Doctor Can Shortchange His HealthThe Washington Post - Dan Gorenstein Full Article Health Savings Accounts Are Back In The Policy SpotlightNPR - Julie Appleby Full Article Trump Plan To Increase [...]
Media Coverage on IRS HSA Guidance Treasury Expands Health Savings Account Benefits for Individuals Suffering from Chronic Conditions U.S. Department of the Treasury Today, the U.S. Department of the Treasury expanded preventive care benefits that may be provided by high deductible heath plans (HDHPs) for a range of chronic conditions. Full Article Thune, Carper Applaud Release of Updated Treasury Guidance to Ensure Access to Critical Services and Drugs for Chronic Diseases U.S. Senators Thune and Carper Joint Press Release U.S. Sens. John Thune (R-S.D.) and Tom Carper (D-Del.) today applauded the U.S. Department of Treasury for expanding its preventive services safe harbor for health savings account-eligible high-deductible health plans (HDHPs) to cover certain chronic disease services and drugs on a pre-deductible basis.Full Article Trump Administration Moves to Shift Patients' Chronic Illness Costs to Insurers Wall Street Journal, Stephanie Armour Millions of Americans in high-deductible health [...]
S. 3200 – Chronic Disease Management Act of 2020 A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible. Full Text Summary Press Release S. 1948 – Chronic Disease Management Act of 2019 A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible. Full Text Summary Press Release S. 2410 and H.R. 4978 – Chronic Disease Management Act of 2018 A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible. Full Text Summary Press Release H.R. 5652 – Access to Better Care Act of [...]
Tuesday, March 12, 2019Jack Roth Stadium Club at "The Big House"5:00-6:00 pm | Stadium Tours Available5:30-7:00 pm | Welcome Reception7:00-8:30 pm | Dinner Wednesday, March 13, 2019Jack Roth Stadium Club at "The Big House"7:30-8:15 am | Continental Breakfast8:15-8:30 am | Welcome & Opening Remarks8:30-10:00 am | Session 1: Expanded Role of V-BID in Medicare Advantage and Commercial PlansSpeakers:Mark Atalla, Center for Medicare and Medicaid Innovation Melanie Egorin, U.S. House Ways and Means Committee Stephen Parente, University of MinnesotaModerator: Cliff Goodman, Lewin Group 10:00-10:15 am | Break10:15-11:45 am | Session 2: Removing Low-Value Services to Create 'Headroom' for High-Value CareSpeakers:Daniel Carey, Commonwealth of Virginia Gwen Darien, National Patient Advocate Foundation John Keats, Cigna Moderator: Cliff Goodman, Lewin Group 11:45 am-1:00 pm | Networking Lunch/Break12:00 - 12:45 pm | Stadium Tours Available1:00 pm-2:30 pm | Session 3: Innovative Approaches to Finance High-Cost, High-Value ServicesSpeakers:Daniel Klein, Patient Access Network Ted Okon, Community Oncology Alliance Moderator: Cliff Goodman, Lewin Group 2:30-2:45 pm | Break2:45-4:15 pm | Session 4: V-BID X: A Novel Plan Design to Lower Premiums [...]
The University of Michigan Center for Value-Based Insurance Design (V-BID Center) is an advocate for development, implementation, and evaluation of clinically nuanced health benefit plans and payment models. Since its inception in 2005, the V-BID Center has been actively engaged in understanding the impact of consumer engagement initiatives on health outcomes. Through collaboration with employers, consumer advocates, health plans, policy leaders, and academics, the Center hopes to improve clinical outcomes and enhance economic efficiency of the U.S. health care system. Director's Message Dear Friends, As I reflect back on the past two years, the Center for Value-Based Insurance Design (V-BID) has experienced many challenges and triumphs. With that, I am excited to see the progress we have made in shifting the U.S. health care system from one of volume to one of value, and am confident that our progress will be sustained. The year [...]
2020 V-BID Summit Sponsorship Opportunities The 2020 V-BID Summit will be held as a two-day event at the University of Michigan on March 24/25.The Summit invites stakeholders to engage in a highly interactive all-day discussion to address the opportunities and challenges that arise from the conceptual design to the implementation of clinically nuanced payment reform and benefit design strategies across some of today’s most relevant and challenging health care topics. Find agenda here.All donations/sponsorships will be gratefully accepted, including amounts lower and higher than those listed below. Special consideration will be given to non-profit organizations. For more information, please contact Susan Lynne Oesterle at 734-615-9635 or email@example.com. silver $20,000 Two invitations to the 15th Anniversary Summit Recognition in event program Logo featured on event website Logo featured on event signage gold $30,000 Four invitations to the 15th Anniversary Summit Half-page recognition in event program Logo featured on [...]
Wednesday, May 30, 2018: Connecticut SIM Value-Based Insurance Design Technical Assistance Webinar II
On Wednesday, May 30, 2018, Dr. A. Mark Fendrick, MD, Director of the Center for Value-Based Insurance Design (V-BID), virtually presented at the Connecticut SIM Value-Based Insurance Design Technical Assistance Webinar. The webinar, "Managing Chronic Conditions and Drug Spend and Choosing Incentives", was hosted by Freedman Healthcare and is the second installment of a 3-part webinar series. Dr. Fendrick covered V-BID concepts such as low-value care, precision benefit design, and alignment of patient and provider initiatives (PB&J). To learn more about these V-BID initiatives, click the buttons below. Low-Value Care: Precision Benefit Design: PB&J:
New Bipartisan Bill Coupled with Budget Deal Language Seen as Major Step for V-BID Inside Health Policy Bipartisan legislation introduced in the House and Senate Thursday would tweak the Department of Treasury's definition of a safe harbor for health savings accounts linked to high-deductible health plans (HDHP) to allow treatments needed for chronic care management to be covered prior to a beneficiary hitting the deductible. Full Article Proposed Bipartisan Bill, 2018 Budget Deal Provide Positive Implications for V-BID AJMC - Jaime Rosenburg As value-based insurance design (VBID) continues to gain and maintain bipartisan support, the last week alone saw 2 bills introduced or passed with positive implications for the concept. Full Article 3 New Reasons for Hope About Health Benefits Costs Think Advisor - Allison Bell In the area of health benefits policy, Republicans and [...]
Trump Signs Executive Order to Promote Insurance Principles Championed by UM DoctorCrain's Detroit - Jay GreenePresident Donald Trump signed an executive order instructing the Treasury Department and Internal Revenue Service to write rules within 120 days that would allow people covered by high-deductible health plans with health savings accounts with chronic diseases easier access to life-saving treatments. Full Article New Bill Would Mean More Flexibility for High-Deductible Health PlansFierceHealthcare – Leslie SmallA new bill aims to give health plans more flexibility to help enrollees treat and prevent chronic diseases. The bill, called the Chronic Disease Management Act of 2018, would amend the IRS tax code so that high-deductible health plans paired with health savings accounts could cover chronic disease prevention and treatment on a pre-deductible basis. Full Article New Bipartisan Bill Coupled with Budget Deal Language Seen as Major Step for V-BIDInside Health PolicyBipartisan legislation introduced in the [...]
Related Media Coverage on CMS MA V-BID Model Expansion CMS Lets MA Plans Vary Benefits More Via Expanded Demo, Proposed Rule Inside Health Policy CMS recently announced it will expand the Medicare Advantage Value-Based Insurance Design demonstration in 2019 to an additional 15 states and let plans choose which conditions to structure benefit variations around, coming shortly after the agency proposed similar flexibilities for all MA plans. Full Article Medicare Advantage Value-Based Insurance Design Expanded for 2019 Health Exec - John Gregory Fifteen new states will participate in the Medicare Advantage (MA) Value-Based Insurance Design (VBID) model for 2019, allowing insurers in a total of 25 states to enter the program aimed at encouraging enrollees to focus on services that are of the highest clinical value to their specific chronic conditions. Full Article Medicare Advantage Value-Based Insurance Design Updates [...]
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Related Media Coverage on Alexander-Murray Bill Alexander, Murray strike bipartisan Obamacare deal providing subsidies, state flexibility Politico- Jennifer Haberkorn Sens. Lamar Alexander and Patty Murray say they have reached an agreement on a bipartisan Obamacare deal to fund a key insurance subsidy program and provide states flexibility to skirt some requirements of the health care law. Full Article Another last-ditch effort to tackle Obamacare stalls within hours of its release Washington Post- Juliet Eilperin, Amy Goldstein, and Sean Sullivan Yet another last-ditch effort to tackle the nation’s health-care system stalled within hours of its release by a bipartisan pair of senators Tuesday, with President Trump sending mixed signals and Republicans either declining to endorse the proposal or outright opposing it. Full Article Bipartisan Deal to Stabilize ACA Insurance [...]