AJMC March 12, 2025
Speakers at the 2025 Value-Based Insurance Design summit recapped the accomplishments made over the past 20 years in designing insurance benefits with value in mind and looked ahead to iterations to come.
The integration of value-based insurance design (VBID) into health policy started so long ago that a seminal research paper1 was faxed to a congressional staffer searching for a health care reform idea, according to that staffer, Andrew Chasin, JD, now the vice president of federal policy and advocacy at Blue Shield of California. Twenty years later, the implementation of VBID has evolved from encouraging more use of high-value services to also discouraging use of low-value services, and it is poised to become more personalized in the coming years.
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