Medicare Advantage (MA)
Value Based Insurance Design (VBID) Model
Evaluation Report of the First Three Years (2017–2019) Key
Takeaways:
The Value
Based Insurance Design (VBID) Model was associated with increased use
of many high-value services targeted by the participating Medicare
Advantage Parent Organizations such as primary care physician visits,
specialist visits for targeted conditions, and 30-day drug refills.
VBID was also associated with reduced Part D bids. However, longer
follow-up is needed to detect changes on other key outcomes, such as
quality and health outcomes. Plans’ benefit designs varied widely,
making it difficult to determine which design components had the
biggest impact. Overall, VBID is not yet generating savings but is also
not costing Medicare additional money, as expected. Substantial changes
to the VBID model and plan participation began with the 2020 plan year.
The Two Page Overview:
The Report (includes an Executive
Summary):
Additional Supporting Materials:
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