Unbiased Analysis of Today's Healthcare Issues
Value is the latest jargon to hit the health care sector. One potential way value could manifest itself is through value-based insurance design (VBID). Under VBID, patients would pay lower copayments for treatments that are highly effective and/or low cost would pay higher payments for treatments that have low effectiveness or high cost to the…
How does payment reform affect access to care? And what does payment reform mean? Payment reform can mean manythings but in this context we will mean substituting fee-for-service or cost-plus reimbursement schemes for fixed reimbursement for a fixed episodes of care or fixed bundles of services during a specific time frame. One example of how payment reform worked,…