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Value-based Insurance Design
Alok D Sharan1, Gregory D Schroeder, Michael E West
1*The WESTMED Spine Center †The Rothman Institute at Thomas Jefferson University, Philadelphia, PA.
Abstract:
The increasing awareness of the scarcity of health care resources is forcing the health care industry to improve quality while lowering the cost. One method by which employers and insurance companies are attempting to do this is with value-based insurance design. In these plans, patients pay a lower amount for certain services that are considered high value and a higher amount for services that are considered low value.
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