Bidding on New Insurance

Want an alternative approach to health insurance? DLA Piper recently held a seminar on a concept called V-BID, featuring Rep. Diane Black. Value-based insurance design, as it's called, is about lowering financial barriers to essential services. For instance, since diabetes causes eye problems, V-BID could make eye exams inexpensive or free for individuals with diabetes. The idea is to align incentives (eg, low cost) with the value of service.

"Clinical nuance" is a term that came up frequently. We snapped former Senate Majority Leader and DLA Piper senior policy advisor Tom Daschle, second from right, with CVS Caremark chief medical officer Dr. William Shrank, University of Michigan professor A. Mark Fendrick, and DLA Piper senior policy advisor Krista Drobac. Mark heads the Center for Value-Based Insurance Design at Michigan.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

BXP Execs See Better Returns In Building Offices Than Buying Them

The Las Vegas-Style Sphere Just Outside D.C. Is A Go

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market

Coffee Shop Signs Lease At Downtown Trophy: The D.C. Deal Sheet

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

Bill Barr's Law Firm Expands Footprint In Move To Pennsylvania Avenue

Amazon Ditches Ashburn Data Center Plan, Shifts To Mixed-Use Vision

Bowser Wants To Lock In A $550M Spa Before She Leaves. D.C. Council Members Are Pushing Back

Downtown Conversion Lands Construction Loan: The D.C. Deal Sheet

Fairfax Pays $23M For Innovation Center Site, With Plans For Affordable Housing