VBID longlogo

March

Update 

The University of Michigan Center for Value-Based Insurance Design leads in research, development, and advocacy for innovative health benefit designs.
 
Want more V-BID news?  Follow us:  Follow us on Twitter Find us on Facebook
  
If you would like additional information, please be in touch at vbidcenter@umich.edu or 734-615-9635.
 
Join our mailing list!
V-BID Center issues response to Federal Request for Information
 

The V-BID Center has issued a response to the Request for Information issued by the Departments of Labor, Treasury, and Health and Human Services.  This request sought detailed information on V-BID programs in relation to the current health reform legislation addressing V-BID and preventive care (Section 2713).  Our response reflects a collaborative effort of the Center together with a wide range of stakeholders who contributed feedback and examples of information crucial to shaping Federal Departments' perspective on V-BID implementation. 

 

Synergies at Work outlines full cost of health investments
  
synergies at work

V-BID Center co-director, A. Mark Fendrick, MD, co-authored Synergies at Work: Realizing the Full Value of Health Investments.  This study, a joint effort with IBI and NPC, launched Feb. 28, emphasizes the importance of measuring the full impacts of health investment for employers, including productivity improvements.

 

Traditional measures underestimate the value of health by only quantifying the medical cost offset. But for employers, there are also significant productivity gains.  Including productivity along with medical cost offset provides a broader and more appropriate measure of the economic impacts of health investment, ultimately allowing better choices about how much to invest in health care and where to invest it. 

 
Center for Health Value Innovation survey on employer use of V-BID
    

CHVIThe Center for Health Value Innovation (CHVI) published the Value Based Design 2010 Survey Report, featuring responses of 176 employers to questions about their benefit designs.  The survey reveals that V-BID is growing rapidly among employers, with more than half of respondents reporting that they use a value-based approach, and of those with a value-based approach, 16% had begun in the last year.

 

Read full survey report

HHS Call for Proposals: Incentives for prevention of chronic disease
  
The US Department of Health and Human Services, Centers for Medicare and Medicaid Services, has issued a call for proposals from States to compete for the Medicaid Incentives for Prevention of Chronic Diseases Program.  Applications must address one of the following goals:
  • Tobacco cessation
  • Controlling or reducing weight
  • Lowering cholesterol
  • Lowering blood pressure
  • Avoiding the onset of diabetes or improving diabetes management

Read full announcement

Read other V-BID news

BCBS of Rhode Island launches V-BID plans for small businesses
  
BCBS RI

Blue Cross and Blue Shield of Rhode Island launched new V-BID plans targeted specifically for small businesses.  The new plans offer 11 options to lower or eliminate financial barriers to treatments for certain chronic conditions, such as diabetes.

  

 

CDC report shows cost barrier to medication affecting more patients
  
The Centers for Disease Control (CDC) recently released its annual Health, United States, 2010 report, featuring trends in health statistics.  The year's report reveals that patients not receiving needed prescription drugs because of costs nearly doubled from 6% in 1997 to 11% in 2009.  Read more about how V-BID programs are helping to lower barriers to high-value medications and treatments for patients across the US.

Study: 30% of young stroke survivors can't afford prescribed meds
 

A recent study conducted by University of Michigan's Deborah Levine, MD, MPH, found that 30% of stroke survivors between the ages of 45 and 54 were not compliant with their prescribed medications because of costs.  The results of this research, done over 2006-2009, reveal a significant increase in cost-related nonadherence compared to a similar study roughly ten years earlier (1998-2002) when 18% were not adherent because of cost.

 

Nonadherence because of cost among those uninsured increased as well, from 39% in the 1998-2002 study to 60% in 2006-2009 study.  Cost-related nonadherence among older age groups was much lower, bringing the overall rate of nonadherence for the 2006-2009 study to 11%.

 

Read full media article 

Featured Collaborator: Berkeley Center for Health Technology
  
BCHT

The Berkeley Center for Health Technology (BCHT)  was founded in October 2008 to work on issues around balancing affordability and innovation.  BCHT's mission is to promote the efficiency and effectiveness of health care through research and education on the development, insurance coverage and benefit design, payment, and appropriate use of biomedical technologies.

BCHT Director Dr. James Robinson had a featured article on V-BID and its application to high cost health care services in the November 2010 issue of Health Affairs. An issue brief on the topic will be available from the BCHT website in mid-March.

 

View all V-BID Center Collaborators

V-BID Faculty at Upcoming Events
  
March 2-3, Costa Mesa, CA: Institute of Medicine, Essential Health Benefits Meeting 
  
March 8, Washington, DC: AHIP National Policy Forum

March 25, Ann Arbor, MI: Michigan Purchasers Health Alliance (MichPHA) Value-Based Purchasing Workshop
  
March 29-30, Philadelphia, PA: Association for Value-Based Cancer Care First Annual Stakeholder Integration Conference



 

 

Contact V-BID Center
734-615-9635 | vbidcenter@umich.edu

Join our mailing list!