A research group led by Harvard's Michael Chernew and the University of Michigan's Mark Fendrick recently published an article in the journal Health Affairs asserting that value-based insurance design program can be effective and do not increase total systemwide medical spending.
The authors investigated one particular value-based insurance design program and found that it led to reduced use of nondrug health care services, offsetting the costs associated with additional use of drugs encouraged by the program.
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