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CMS Announces Transformative Updates to the MA VBID Model
February 18, 2019
Review Finds VBID Programs Improved Adherence at No Added Cost
August 01, 2018
Value-Based Insurance Design Highlighted at Two Congressional Hearings
July 02, 2018
CMS Rule Creates More Flexibility for Value-Based Benefits in Medicare Advantage
May 25, 2018
High-Deductible Health Plans a Problem for Patients With Cancer
May 10, 2018
Including VBID Principles Can Avoid Negative Effects of Outcomes-Oriented Contracts
April 19, 2018
Legislative Actions Encourage Value in Medicare Advantage and High-Deductible Health Plans
February 23, 2018
Addressing Rising Cost Sharing With Precision Co-Pay Assistance
February 08, 2018
A Year of Value-Based Insurance Design: 2017 Highlights
January 15, 2018
Study Identifies Unexpected Contributor to Rising Health Costs: Low-Cost Services
December 27, 2017
CMS Expands MA VBID Model Test in 2019
December 08, 2017
CMS Proposed Rule Allows Greater Flexibility for VBID in Medicare Advantage
November 25, 2017
Identifying the Top 5 Low-Value Services That Can Be Targeted for Reduction
November 10, 2017
VBID in Action: Connecticut Health Enhancement Plan
March 26, 2017
Healthcare Stakeholders Call for Flexibility in HSA-HDHPs
March 12, 2017
Currently Reading
2016 Year in Review: University of Michigan V-BID Center
February 02, 2017
Understanding Clinical Nuance
October 25, 2016
Implementing VBID in Medicare and Medicare Advantage
October 19, 2016
The Cost of Low-Value Care
October 11, 2016
Adventures in Healthcare: The Dawn of the High-Value Health Plan
October 04, 2016
Reward the Good Soldier: A Dynamic Approach to Consumer Cost-Sharing for Prescription Drugs
September 26, 2016

2016 Year in Review: University of Michigan V-BID Center

Since its inception in 2005, the University of Michigan Center for Value-Based Insurance Design (V-BID) has led efforts to promote the development, implementation, and evaluation of innovative health benefit designs balancing cost and quality. A multidisciplinary team of faculty, including A. Mark Fendrick, MD and Michael E. Chernew, PhD, who first published and named the VBID concept, have guided this approach from early principles to widespread adoption in the private and public sectors. The Center has played a key role in the inclusion of VBID in national healthcare reform legislation, as well as in numerous state initiatives. The basic VBID premise is to align patients' out-of-pocket costs, such as copayments, with the value obtained from health services and providers.
Last year was a big year for value-based insurance design (VBID) and the University of Michigan Center for Value-Based Insurance Design celebrated significant initiative milestones in 2016.  From the expansion of the Medicare Advantage VBID program, to the introduction of VBID in China, and the inclusion of a VBID demo in TRICARE, Center initiatives advanced markedly this year.

View the interactive timeline below for more on 2016 V-BID Center accomplishments, and keep up with the latest VBID news by following the Center on Twitter at @UM_VBID.



 
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