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.
V-BID Center Brief:
Evidence-based support for V-BID
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.
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
Congressional Budget Office:
Drugs offset other medical spending
The latest Congressional Budget Office (CBO) report definitively concludes that increased use of prescription drugs reduces Medicare spending on other medical services.
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.
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
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.
National Governors Association:
Support V-BID in state employee health plans
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.
California Health Exchange:
QHP regulation incorporates V-BID
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.