Sunday, January 24, 2010

Can Value Based Insurance Be Cost Effective

by Chris Fleming

A Web First article published January 21 by Health Affairs reports new evidence that value-based insurance design (VBID) programs, in which patients pay little or no copayment fees for high value health care services, can break even, or even save money. The results, reported by Harvard’s Michael Chernew and coauthors, came from analysis of data from one large corporation that implemented a VBID program in 2005. Copayment rates were reduced for employees using five classes of drugs used to treat several serious but common chronic conditions, including diabetes and hypertension.

Health Affairs Blog

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