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 ...

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 ...