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Evidence that value-based insurance can be effective

dc.contributor.authorChernew, Michael E.
dc.contributor.authorJuster, Iver A.
dc.contributor.authorShah, Mayur R.
dc.contributor.authorWegh, Arnold
dc.contributor.authorRosenberg, Stephen N.
dc.contributor.authorRosen, Allison B.
dc.contributor.authorSokol, Michael C.
dc.contributor.authorYu-Isenberg, Kristina
dc.contributor.authorFendrick, A. Mark
dc.date2022-08-11T08:10:44.000
dc.date.accessioned2022-08-23T17:18:14Z
dc.date.available2022-08-23T17:18:14Z
dc.date.issued2010-01-23
dc.date.submitted2011-01-19
dc.identifier.citationHealth Aff (Millwood). 2010 Mar-Apr;29(3):530-6. Epub 2010 Jan 21. <a href="http://dx.doi.org/10.1377/hlthaff.2009.0119">Link to article on publisher's site</a>
dc.identifier.issn0278-2715 (Linking)
dc.identifier.doi10.1377/hlthaff.2009.0119
dc.identifier.pmid20093294
dc.identifier.urihttp://hdl.handle.net/20.500.14038/47811
dc.description.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.
dc.language.isoen_US
dc.relation<a href="http://www.ncbi.nlm.nih.gov/entrez/query.fcgi?db=pubmed&cmd=Retrieve&list_uids=20093294&dopt=Abstract">Link to Article in PubMed</a>
dc.relation.urlhttp://dx.doi.org/10.1377/hlthaff.2009.0119
dc.subjectInsurance, Health, Reimbursement
dc.subjectCost Sharing
dc.subjectHealth and Medical Administration
dc.subjectHealth Economics
dc.subjectHealth Services Administration
dc.subjectHealth Services Research
dc.titleEvidence that value-based insurance can be effective
dc.typeJournal Article
dc.source.journaltitleHealth affairs (Project Hope)
dc.source.volume29
dc.source.issue3
dc.identifier.legacycoverpagehttps://escholarship.umassmed.edu/qhs_pp/927
dc.identifier.contextkey1733968
html.description.abstract<p>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.</p>
dc.identifier.submissionpathqhs_pp/927
dc.contributor.departmentDepartment of Quantitative Health Sciences
dc.source.pages530-6


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