Monday, January 25, 2010

Value-Based Insurance Design Can Be Cost Effective

A study released in the January 21, 2010 edition of Health Affiars conducted by Michael Chernew at Harvard Medical School showed that a value-based insurance design that reduced copays to encourage employees to use high value medical services lead to reduced use of  "non-drug services" which more than offset the increase in prescription drug use encouraged by the lower copay.

Click here to read the abstract and to access the full article.

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