Value-based insurance design: quality improvement but no cost savings.

Published

Journal Article (Review)

Value-based insurance design (VBID) is an approach that attempts to improve the quality of care by selectively encouraging or discouraging the use of specific health care services, based on their potential benefit to patients' health, relative to their cost. Lowering beneficiary cost sharing or out-of-pocket spending to increase medication adherence is one common element of value-based insurance design. We conducted a systematic review of the peer-reviewed literature to evaluate the evidence of the effects of VBID policies on medication adherence and medical expenditures. We identified thirteen studies assessing the effects of VBID programs and found that the programs were consistently associated with improved adherence (average change of 3.0 percent over one year), as well as with lower out-of-pocket spending for drugs. In the studies we reviewed, providing more generous coverage did not lead to significant changes in overall medical spending for patients and insurers. Further research is needed to understand how best to structure VBID programs to both improve quality and reduce spending.

Full Text

Duke Authors

Cited Authors

  • Lee, JL; Maciejewski, M; Raju, S; Shrank, WH; Choudhry, NK

Published Date

  • July 2013

Published In

Volume / Issue

  • 32 / 7

Start / End Page

  • 1251 - 1257

PubMed ID

  • 23836741

Pubmed Central ID

  • 23836741

Electronic International Standard Serial Number (EISSN)

  • 1544-5208

International Standard Serial Number (ISSN)

  • 0278-2715

Digital Object Identifier (DOI)

  • 10.1377/hlthaff.2012.0902

Language

  • eng