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November Update 

The University of Michigan Center for Value-Based Insurance Design is the leading advocate for development, implementation and evaluation of innovative health benefit plans.
 
If you have news to add or would like additional information, please be in touch at vbidcenter@umich.edu or 734-615-9635.

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Health Affairs Issue Devoted to V-BID 
 
Health Affairs Nov Cover
Today, Health Affairs, the most prominent health policy journal in the country, is launching a special issue devoted to the concept of value-based insurance design.  The issue features articles focused on this topic, including one authored by V-BID Center faculty.   

Over the past five years, the Center for Value-Based Insurance Design has led efforts to develop V-BID programs in the private sector and to position this concept within the recent healthcare reform legislation.  This issue of Health Affairs affirms that leaders in all sectors of the healthcare enterprise view value-based insurance design as a promising step in improving healthcare, and we are delighted to announce this key milestone.
 

AHIP Fall Forum: VBID and Health Reform
  

AHIP Fall ForumAmerica's Health Insurance Plans (AHIP) is hosting a workshop on Health Care Reform and VBID at its Fall Forum, November 8-10 in Chicago.

 

V-BID Center Co-Director A. Mark Fendrick and Advisory Board members Andrew Chasin, Blue Shield of California, Lewis Sandy, UnitedHealthcare, and Jennifer Boehm, Aon Hewitt, will lead the session addressing: 

  • How can you design innovative V-BID programs that align with criteria developed by the Department of Health and Human Services? 
  • What are the key issues in the Interim Final Regulations (IFR) that your organization should consider?
  • How can you use high value health care services to help control rising health care costs?

 

                  Read more on the workshop
Commonwealth Fund: Health Care Leaders Support V-BID
 
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Seventy-three percent of opinion leaders - representing health policy experts and innovators in health care delivery and finance - expressed support for V-BID as part of the October 2010 Commonwealth Fund/Modern Healthcare Health Care Opinion Leaders Survey. 
V-BID Center's Chernew Elected to the IOM
 
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The V-BID Center is proud to announce that co-director Michael Chernew, Ph.D. has been elected a Member of the Institute of Medicine.

The highly selective IOM process selects members for their  "major contributions to the advancement of the medical sciences, health care, and public health."

  
Wall Street Journal: Prescription Abandonment Up 55%

October 12: Rising co-payments during economic decline are contributing to increases in prescription abandonment. Prescriptions left at the pharmacy were up 55% in the second quarter of 2010, compared to four years earlier.  Abandonment of asthma and diabetes medications, 'high value' drugs that V-BID programs are making more accessible, are highlighted. 
Chicago Tribune: Co-payments a Thing of the Past for Preventive Care
  
October 26: "Health law mandates many common screenings be free; companies embracing change as way to save costs down the road."  These health law mandates will be the focus of the AHIP V-BID workshop on November 8.  The Center played an active role in shaping these regulations.
 
Contact V-BID Center
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