value-based insurance design program

Latest Headlines

Latest Headlines

Apply value-based design to reduce specialty med costs

Specialty medications attribute to roughly one quarter of total pharmaceutical spending in the commercial market.If thistrend continues, it's possible that spending on specialty medication will make up half of all pharmaceutical costs by 2018, according to a new  report from the University of Michigan Center for Value-Based Insurance Design and the National Pharmaceutical Council.

Medication adherence improvements don't always curb costs

Value-based insurance design programs may need to target specific populations and run for years before payers and patients reap significant gains from them, according to a new  Health Affairs study.

When payers know better, they'll do better

Maya Angelou and health insurance companies are rarely--if ever--associated with one another. But I would like to bridge that extremely wide gap and even declare that payers can learn some very...

Ohio becomes Medicaid's first value-based purchaser

Ohio is transforming its Medicaid program by tying payments to quality, value-based outcomes, as the first in the nation to take such a step, the state announced Monday. The Office of Ohio Health

Blue Shield 'grooves' into value-based plan to cut premiums

Blue Shield of California is launching its new three-tiered, value-based program called Blue Groove that offers quality incentives for its members. The insurer expects the plan to reduce

Upgrading IT not a one-time occurrence for payer success

Insurers are competing in the post-reform healthcare marketplace and are looking for ways to retain members so they don't jump ship to another payer with superior customer service. Success in the

Administrative efficiency, value-based designs ensure economic survival

The healthcare industry is aflutter with transformation and if health plans don't properly adapt to those changes, they won't be able to compete in the new environment. That's what Lawrence Bridge,

Medication adherence programs save insurers money

Programs that aim to improve medication adherence are worth consideration by insurers, as long as intervention costs do not exceed the estimated healthcare cost savings, according to a new study