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 ...

Hello and welcome to Health Affairs This Week. I am your host, Jeff Byers. We're recording on 02/06/2025. Before we begin, I wanted to remind listeners that we released a new health policy brief last ...

Forbes contributors publish independent expert analyses and insights. Joshua Cohen is a Boston-based writer who covers health policy. In the U.S. patient out-of-pocket costs for prescription drugs are ...

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.

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 ...

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 ...