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Article
Evidence that value-based insurance can be effective
Quantitative Health Sciences Publications and Presentations
  • Michael E. Chernew, Harvard Medical School
  • Iver A. Juster, Health Informatics
  • Mayur R. Shah, Health Economics
  • Arnold Wegh, Active Health Management
  • Stephen N. Rosenberg, Health Informatics
  • Allison B. Rosen, University of Massachusetts Medical School
  • Michael C. Sokol, GlaxoSmithKline
  • Kristina Yu-Isenberg, GlaxoSmithKline
  • A. Mark Fendrick, University of Michigan Health Systems
UMMS Affiliation
Department of Quantitative Health Sciences
Date
1-23-2010
Document Type
Article
Medical Subject Headings
Insurance, Health, Reimbursement; Cost Sharing
Abstract
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.
Rights and Permissions
Citation: Health Aff (Millwood). 2010 Mar-Apr;29(3):530-6. Epub 2010 Jan 21. Link to article on publisher's site
Related Resources
Link to Article in PubMed
Citation Information
Michael E. Chernew, Iver A. Juster, Mayur R. Shah, Arnold Wegh, et al.. "Evidence that value-based insurance can be effective" Vol. 29 Iss. 3 (2010) ISSN: 0278-2715 (Linking)
Available at: http://works.bepress.com/allison_rosen/17/