Value-Based news
'Value' in Health Insurance Acquires New Meaning
January 09, 2012 | By Mari Edlin - California Healthline
"Value" is gaining clout in the health care industry.
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VBD Programs Are Growing, but Still Rare in Small-Group Market
December 26, 2011 | By Steve Davis - Health Plan Week
A few large, self-insured employers such as Pitney Bowes, Inc. have successfully used value-based benefit designs (VBD) to reduce coverage costs and improve employee health. Although health insurers are focusing greater attention on value-based design plans, few of them have made VBD plans available to small employers. One San Francisco-based health plan, however, says small employers are hungry for such product designs.
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Taking healthcare costs into our own hands
October 20, 2011 | By Editorial - Los Angeles Times
A California trade group's report offers guidance o
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Kansas City employers save $11 million in health care costs
September 20, 2011 | By Kathleen Koster - Employee Benefit News
The Kansas City Collaborative (KC2), a three-year long value based benefit project, succeeded in helping the 15 participating employers share best practices for overcoming health care challenges. Nine of these companies reported that they have saved almost $11 million in direct health care costs by implementing a value-based benefits initiative.
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Psilos Group: Health-Care Reform Inspires New Technologies
May 03, 2011 | By - The Wall Street Journal
The Patient Protection and Affordable Care Act, which became law in March 2010, requires most Americans to have health insurance beginning in January 2014. People who do not receive coverage through their employer will be able to buy it through health-insurance exchanges, or marketplaces for consumers to choose among health-insurance products.
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TriZetto Executives at Pay for Performance Summit Point to Growing Efficacy, Early Adoption of Value-Based Insurance Design and Payment Bundling
March 30, 2011 | By - Business Wire, Inc.
“Value purchasing by payer organizations is more critical than ever,” said Rideout, senior vice president and chief medical officer at TriZetto. “VBID helps manage consumer health and demand for services. Physician engagement is critical, and both clinicians and health plans should be encouraged that Washington’s recent medical-loss ratio definitions of qualifying medical expenses treat value-based solutions quite favorably.”
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