Healthcare Insurance Transformation
Beneficiary Participation in Value Based Insurance Design (VBID)
Value-based Insurance Design (VBID) offers financial incentives to encourage patients to seek comprehensive health care services which promote prevention, early detection and treatment of diseases. This measure estimates the percent of individuals who participate in VBID. The goal of SIM is to increase the number of individuals covered by VBID insurance plans.
In 2017, 26.0 percent of adult Connecticut residents were covered by a health insurance plan with VBID.