Value-Based Insurance Design Technical Assistance
Struggling to Offer Affordable Health Benefits?
As health care costs rise, employers are struggling to offer affordable, comprehensive health benefits to employees. Value-Based Insurance Design (VBID) is a benefits strategy that aims to improve employee health and productivity, and spend employer healthcare dollars most efficiently. Through a federal grant, Connecticut is offering free technical assistance to employers interested in providing value-based health benefits. Employers will provide current plan information and participate in two in-person meetings, three webinars, and calls with TA staff over nine months.
Why VBID?
VBID uses financial incentives and education to urge people to get the right care, at the right time, from the right provider, like:
– HSA payments for preventive screenings, as in a wellness program
– Lower coinsurance for diabetes drugs, like lower costs for generics
– Lower copays for visits to high quality, low cost providers
What is the opportunity for selected employers?
Customized VBID Solutions Set Co-Developed with Each Employer:
– Access to a library of employer case studies and VBID educational materials.
– Expertise to organize and interpret data to understand how current benefits align with VBID, and to select VBID strategies customized to the employer’s population and culture.
– Assistance with employee communications and evaluation of VBID.
For more information, contact Alyssa Harrington at aharrington@freedmanhealthcare.com and join our webinars on December 20th or January 18th at 12pm.
To apply for Technical Assistance, visit: https://www.surveymonkey.com/r/VBID_App_for_TA
2018 New England Survey of Benefit Strategies and Trends
2017 Employment Law Update - Meeting Materials
