On Wednesday, November 4, Dr. A. Mark Fendrick, V-BID Center Director, attended the “Value-Based Insurance Design (V-BID) & Other Effective Tools” meeting in Houston, TX, hosted by the Houston Business Coalition on Health.
Dr. Fendrick partnered with Omar Reid, Director of the Department of Human Resources of the City of Houston, to discuss V-BID principles.
The conversation covered how to use V-BID to improve cost, quality, and experience outcomes by designing benefits that encouraged the use of high-value medical care and discourage the use of low-value care, V-BID as a benefits strategy, and its applied value as related to excise tax and multiple chronic conditions.
Dr. Fendrick’s presentation slides are available below.