
Why Are We Still Paying For Low-Value Care? (feat. Mark Fendrick)
"Never ask a barber if you need a haircut." Misaligned incentives within the fee-for-service structure have normalized more spending on low-value services and less spending on high-value care. You might think that the highest value services — think vaccines, insulin, early screenings — should be the easiest for patients to access. And yes, when a service is free and widely available, it is typically popular. Case in point, the more than 250 million Americans who got a free COVID-19 vaccine. But big insurance doesn't provide full coverage out of the goodness of their hearts. There are legal provisions, most notably the Affordable Care Act's preventive services provision, requiring full coverage of certain services. Dr. Mark Fendrick, director of the University of Michigan's Center for Value-Based Insurance Design, helped draft this language in the Affordable Care Act and has dedicated his career to advancing Value-Based Insurance Design (VBID). He joins us to discuss why increased spending on high-value care is still being debated. And yes, our foreheads are bruised from banging our heads against the wall. Find the transcript of this episode at movingtovalue.org/transcript/fendrick ________ Sign up for our email list. Thank you to our members who make our work possible! As a 501(c)(3) nonprofit, the Moving to Value Alliance relies on generous supporters to advance our mission of creating a value-based healthcare ecosystem with high-quality health outcomes at a reasonable cost for plan sponsors and their members. Get involved at movingtovalue.org/members .














