Evidence that value-based insurance can be effective
Department of Quantitative Health Sciences
Medical Subject Headings
Insurance, Health, Reimbursement; Cost Sharing
Biostatistics | Epidemiology | Health Services Research
Value-based insurance design reduces patient copayments to encourage the use of health care services of high clinical value. As employers face constant pressure to control health care costs, this type of coverage has received much attention as a cost-savings device. This paper's examination of one value-based insurance design program found that the program led to reduced use of nondrug health care services, offsetting the costs associated with additional use of drugs encouraged by the program. The findings suggest that value-based insurance design programs do not increase total systemwide medical spending.
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Citation: Health Aff (Millwood). 2010 Mar-Apr;29(3):530-6. Epub 2010 Jan 21. Link to article on publisher's site