“Redeeming Value” on Value-Based Insurance Design
September 2021
Value-based insurance design (VBID) uses incentives to increase health care quality and to promote cost efficient health care services and consumer choices. But like all approaches to health care cost containment, VBID isn’t one-size-fits-all. For VBID to be effective—that is, promote high-quality services and discourage use of low-quality care—incentives must embrace clinical nuance, using data to assess how clinical benefits vary by person, provider, and site of service.
On the latest episode of the Redeeming Value podcast, Real Chemistry Value+Access Practice Lead Leslie Isenegger speaks with Christine Juday, Vice President at Discern Health, about health care demand and how VBID engages consumers in their own health decisions.