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V-BID Newsletter
November 2012
Upcoming Events

Wednesday, 12/5/12:
America's Health Insurance Plans
Chicago, IL

Thursday, 12/6/12:


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Greetings;

November's newsletter highlights:
  • 2012 V-BID Summit recap 
  • V-BID Center brief on evidence supporting V-BID concepts
  • National Coalition on Health Care report calls V-BID a "game changer"
  • Congressional Budget Office report: Drug spending offsets other medical services.  
  • V-BID Center white paper on using V-BID with medical devices, diagnostics and procedures
  • Kaiser Family Foundation articles on high deductible
    health plans
      
  • V-BID Center report on public perceptions of V-BID
  • National Governors Association issue brief recommends V-BID for state employees
  • California Health Benefits Exchange QHP regulations include V-BID   

Please follow us on twitter to track and share news on benefit design, payment reform, and healthcare transformation.

 
Summit
V-BID Summit 2012:
Integration & Transformation
 

On October 30, 2012, multiple V-BID stakeholders assembled in Ann Arbor to consider how the integration of innovative payment reform, delivery transformation, and consumer engagement initiatives encourage our dual objectives of improving quality and containing health care expenditures.


To learn more, please view materials from this event.
Brief
V-BID Center Brief:
Evidence-based support for V-BID
 
July 2012 Brief A new V-BID Center brief reviews the most rigorous peer-reviewed evidence on the clinical and economic effects of changes in patient cost-sharing.  The available evidence suggests that despite limitations, clinically nuanced plans can improve health and contain costs.    

NCHC logo
In their plan for health and fiscal policy, the National Coalition on Health Care (NCHC) refers to V-BID as a "game changer," putting the concept of value in insurance design at the forefront of ideas that could address fiscal challenges and transform health system incentives
CBO 
Congressional Budget Office:
Drugs offset other medical spending


CBO logo
The latest Congressional Budget Office (CBO) report definitively concludes that increased use of prescription drugs reduces Medicare spending on other medical services.

 

 

InHealth White paper  
This collaborative report focuses on how to expand V-BID programs for devices, diagnostics and procedures. The potential for improving health without creating additional cost by expanding V-BID concepts into services beyond prescription drugs and preventive care is substantial. 
HDHP_news
High Deductible Health Plans:
How V-BID can balance cost and quality


High Deductible Health Plans (HDHPs) are becoming increasingly attractive due to their low premiums. However, gaps in coverage and higher premium contributions can result in steep risks for consumers. Incorporating V-BID concepts into HDHPs may help maintain their cost advantage without reducing the use of necessary care
Public

 

A new Robert Wood Johnson Foundation funded report supplements other Center research  on the public's views about value-based insurance design. Post-discussion surveys indicate
favorable impressions of V-BID.  
NGA
National Governors Association:
Support V-BID in state employee health plans

 

NGA A new issue brief released by the National Governors Association (NGA) supports offering V-BID health plans to provide state employees with access to quality care at lower costs rather than simply raising premiums or cutting health benefits.
CABenefit
California Health Exchange:
QHP regulation incorporates V-BID

 

CA HBEX In the final qualified health plan (QHP) solicitation, V-BID was defined as a strategy that incentivizes the use of high value services and high-performance providers. Read the final California Health Benefit exchange regulations
We hope you have a festive holiday season. 
The University of Michigan Center for Value-Based Insurance Design (V-BID) leads in research, development and advocacy for innovative health benefit designs.

To contact the V-BID center, email us at
vbidcenter@umich.edu or call 734-615-9635

For examples of V-BID programs from across the country, visit our V-BID registry.

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