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Value-Based Insurance.pdf

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Preview of Value-Based Insurance
🔗 Source: cdn.sanity.io
📊 Size: 94 KB
📄 Pages: 3 pages
⬇️ Downloads: 97

Summary

Value-Based Insurance Design aims to preserve quality of care and contain costs by incorporating a range of features that promote effective and efficient delivery of care, rather than solely relying on financial incentives to alter patient and provider behavior. Two trends in healthcare benefit design are emerging: one focuses on impacting the cost of care through financial incentives, and the other focuses on the quality of care through tools to directly manage clinical care. However, increased cost sharing can conflict with disease management initiatives and may not lead to desired clinical outcomes, especially for patients who cannot become adequately informed. A more clinically sensitive approach is needed, one that ties copay amounts to the value of medical services rather than just their cost, and aligns financial and nonfinancial incentives to achieve desired outcomes.

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Description

Value-Based Insurance Design aims to preserve quality of care and contain costs by incorporating a range of features that promote effective and efficient...

Technical Information

  • File Format: PDF
  • File Size: 94 KB
  • Pages: 3
  • Language: EN
  • Total Downloads: 97
  • Last Updated: 2 weeks ago

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This PDF document about Value-Based Insurance provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Value-Based Insurance.

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