The U.S. Senate Committee on Health, Education Labor and Pensions has invited A. Mark Fendrick, M.D. to testify on a Nov. 10 hearing.
Fendrick is Director of U-M’s Center for Value-Based Insurance Design in Ann Arbor, Mich. Fendrick also is a professor of Internal Medicine and Health Management and Policy for the U-M Medical School and School of Public Health. He will join other panelists to discuss improving quality and lowering costs of health care.
The 1:30 p.m. hearing will be live-streamed here.
“Research shows that if America spent its health care dollars on services with solid evidence of clinical benefit, we could simultaneously enhance quality and reduce costs. Thus, instead of focusing on how much we spend on health care, we should consider how we allocate our scarce health care dollars in order to maximize the amount of health produced for the money spent,” Fendrick says.
Fendrick is available to discuss his testimony, as well as Value-Based Insurance Design, a concept created at the University of Michigan.
Also, on November 16, the University of Michigan Center for Value-Based Insurance Design (V-BID www.vbidcenter.org) is holding a national symposium in Ann Arbor. Senator Tom Daschle will keynote the event, along with several prominent speakers on V-BID in policy, research, implementation, and health information technology.
The conference goal is to connect healthcare leaders working with or interested in innovative benefit designs, and to collaborate on what’s needed to to produce a more effective and efficient health care delivery system.
More information is available at www.vbidcenter.org