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WMU Managing Health Care Outcomes Essay
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This week we review a single, but important and exciting topic, Value-based Insurance Design (VBID). This is really the future foundation relating financing of healthcare to quality/safety/outcomes in the US Healthcare system. The concepts and recent history of VBID are important. The activity in this space is constantly changing and developing, so a good foundation of the philosophy, concepts, and health economics/finance is critical for understanding and application now and into the future. Following this week and next, YOU will likely be one of the most informed on this topic among most of peers in your organization.
Discussion:
- Please discuss what societal and professional challenges are looming as the US moves more toward VBID? This about how the general public views risk/cost sharing and “shopping” for high value care. Also, use the same thought process to address how the healthcare professions (nursing, medicine, advanced practice, other) may be challenged in a greater VBID environment.
