Value-based insurance design (VBID), conceived by a multi-disciplinary faculty team at the university of Michigan, works on the premise of aligning patients' out-of-pocket costs with the value of ...

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Certain elements of value-based insurance design plans may lead to higher medication adherence, according to a study published in Health Affairs. Researchers analyzed 76 VBID plans and their effect on ...

NEW YORK, Dec 19 (Reuters) - A new U.S. health insurance model uses financial sticks and carrots to steer patients toward the most beneficial care. The model, known as value-based insurance design, ...

Although the gap between low and high value has been established in many areas, insurance design has yet to adapt, according to a panel at the 20th annual Value-Based Insurance Design (VBID) Summit.

VBID has shifted from promoting high-value services to also discouraging low-value services, gaining widespread acceptance and success. The Affordable Care Act's preventive care mandate exemplifies ...

A 'renewed call to action to address affordability' leaves all options on the table. Per the University of Michigan Value-Based Insurance Design Center, VBID aims to lower or remove "financial ...

What's next when policy can't fix what policy created? Last December, CMS announced that it would terminate the Medicare Advantage Value-Based Insurance Design (MA VBID) model due to “substantial and ...