The Center for Medicare & Medicaid Innovation (CMS Innovation Center) is hosting a webinar Wednesday, January 30, 2019 at 1 p.m. EST, which will provide a basic overview of the Value-Based Insurance Design (VBID) Model. During the webinar, CMS subject matter experts will provide information about the wide-ranging enhancements to the VBID model, which will test a new series of service delivery approaches for Medicare Advantage plan beneficiaries for the 2020 plan year, including:
- Allowing plans to provide reduced cost sharing and additional benefits to enrollees in a more targeted fashion than has previously been allowed, including customization based on chronic condition, socioeconomic status, or both, and even for benefits not primarily related to health care, such as transportation;
- Bolstering the rewards and incentives programs that plans can offer beneficiaries to take steps to improve their health, permitting plans to offer higher value individual rewards than were previously allowed; and
- Increasing access to telehealth services by allowing plans to use access to telehealth services instead of in-person visits, as long as an in-person option remains, to meet a range of network requirements, including certain requirements that could not previously be fulfilled through telehealth.
Register for the Wednesday, January 30 webinar here: https://engage.vevent.com/index.jsp?eid=5779&seid=1258