Evidence that value-based insurance can be effectiveQuantitative Health Sciences Publications and Presentations
UMMS AffiliationDepartment of Quantitative Health Sciences
SubjectsInsurance, Health, Reimbursement; Cost Sharing
AbstractValue-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 PermissionsCitation: Health Aff (Millwood). 2010 Mar-Apr;29(3):530-6. Epub 2010 Jan 21. Link to article on publisher's site
Related ResourcesLink to Article in PubMed
Citation InformationMichael 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/