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In: Finance

analyze and review the essential components of a Value -Based Benefit Design (VBBD). Compare and contrast...

analyze and review the essential components of a Value -Based Benefit Design (VBBD). Compare and contrast it with CDHD. Use any company as an example to illustrate your points. Your paper should include:

  • Review of financing approaches to healthcare programs.
  • Analyze Value Based Benefits Design (VBBD) as a cost-sharing innovation
  • Compare and contrast VBBD with CDHD.
  • At least 5 suggestions and action plans to modify the plan. Explain your logic and reasoning.

Solutions

Expert Solution

  • In series of purchase guide this is a second series developed by national coalition on health to explain major new employer health care benefit purchasing strategies , this guide was developed in response to the growing interest in the adoption of value  based benefit design plans , which build enrollee incentives into the benefit design and premium contribution structure to encourage enrolles to use specific high value services adopted or provides or to adopt healthy behaviours.
  • There are some of the key fact of purchase guiders ;
  1. The business case of VBBD .
  2. What an purchaser must consider in adopting a VBBD.
  3. An overview of what constitutes VBBD.
  4. The implementation stepsm that must be taken .
  5. What barriers existts to impede .
  6. Howm VBBD may be utilized in the future .
  • CDHD stands for centre health district derpartment ,which are in regular communication with our loacl health systems and the community partners is response to the current situation and are planning for what might lie ahead with this outbreak , central health is working deligently to support the health, safety and well- being of our communities , where as VBBD advocate better alignment between copayment and clinical value.
  • For VBBD modification we have to put integrated approach towards stakeholders assess, we have to face data challenges, we have to make better communication between employee and who is engaging with in etc.

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