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The University of Michigan Center for Value-Based Insurance Design (V-BID Center) leads in research, development, and advocacy for innovative health benefit designs.

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If you would like additional information, please be in touch at vbidcenter@umich.edu or 734-615-9635.

  

 
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Symposium slides and videos now available

2011 symposium button

 

Thank you to all of the presenters, sponsors, and engaged attendees who made the Nov. 16 V-BID Center symposium a great success.  It was an exciting and  thought-provoking day, and we look forward to the continued collaboration.  Our post-event website is a  complete resource with videos and slides from all sessions.          

V-BID benefit shown in New England Journal of Medicine

 

 

NEJM choudhry

A study by Harvard's Niteesh Choudhry, MD PhD, published in The New England Journal of Medicine showed that eliminating co-payments for post-heart attack medications increased medication adherence modestly, improved patient health, and had little overall impact on costs.     

  

With the co-pays eliminated, medication adherence improved 4-6%, patients saved about $500 each, costs to the health plan changed little, and there were fewer major vascular events.

 

Read article commentary

Read WSJ coverage

   

  
New V-BID products launched

 
Based on the findings of the New England Journal of Medicine study above, Aetna has launched a new value-based program focusing on lowering barriers to high-value medications for members that have suffered from heart attacks.

SeeChange Health launched a new Administrative Services Only value-based product for self-insured employers in all 50 states.  SeeChange notes that this product is in response to increasing demand from employers for cost controls derived from value-based approaches.  

Center testimony at US Senate Committee

The V-BID Center's A. Mark Fendrick, MD, testified at the US Senate Committee on Health, Education, Labor and Pensions on Nov. 10.  The testimony described the role of V-BID in healthcare delivery innovation and the emergence of clinically-nuanced approaches as a means to improve health outcomes and 'bend the cost curve.'

 

Season's Greetings
 
From all of us at the V-BID Center, we wish you a joyous holiday season and all the best in the year ahead.  Happy Holidays!

 

 

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

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