This update features policy developments, media reports, and events supporting continued momentum for multiple V-BID Center initiatives.
A White House report recommends expanding the scope of the IRS “safe harbor” to allow pre-deductible coverage of high-value preventive services, specifically those used to treat chronic conditions. Read more.
American Medical Association Strongly Endorses V-BID
In the Literature:
RealClearPolicy Op-Ed: A Patient-Centered Approach to Medicare Drug Reform
An article in the American Journal of Managed Care provides recommendations for measuring the value to patients of medical technologies. Our Precision Benefit Design initiative further discusses how to apply value-based principles to medical innovation.
An article in Bloomberg discusses how the rise of high-deductible health plans has heightening reimbursement pressures on physicians, hospitals, and medical labs as they attempt to collect payment from patients.
New V-BID Center Resources:
New Video: Precision Outcomes-Based Contracts
A new video, Precision Outcomes-Based Contracts, explains how the use of V-BID principles can better align the interests of patients, manufacturers, purchasers, and clinicians around the responsible use of health care resources.
Recent Center Events:
Webinar: V-BID in Action – The Case of Diabetes
In October, the V-BID Center presented its first webinar, V-BID in Action – The Case of Diabetes. This interactive program examined V-BID’s role in mitigating cost-related non-adherence in diabetic patients.
On October 24th, the Smarter Health Care Coalition and the V-BID Center hosted a briefing “Achieving Value in Care Delivery: Policy, Politics and Progress to Support Value-Based Insurance Design” in Washington, DC. Mark Fendrick, MD, presented on the use of V-BID in reducing low-value care.
Please Help Support the V-BID Center
As a non-profit entity, the V-BID Center relies on fundraising to support our research, education, and policy efforts.
Please help us continue our work by donating here. We truly appreciate your consideration.