Great video. I learned that Value-Based Insurance Design (VBID) aligns patient out-of-pocket costs with the value of services. Through the implementation of cost-sharing tiers for pharmaceuticals, health plans incentivize the utilization of high-value drugs while discouraging the use of low-value ones. -Jeremiah Ivey
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Asacia Brown-Poullard: VBID aligns patient out-of-pocket costs with the value of services. By using cost-sharing tiers for pharmaceuticals, health plans incentivize the use of high-value drugs and discourage low-value ones.