Value-Based Care Study Shows Strong Preference by Consumers, Employers
EmblemHealth recently shared results from its national study exploring the level of awareness of value-based care payments among employers and consumers. The study revealed that both groups are unclear on the difference between value-based care and fee-for-service payments. However, when provided a definition of value-based payments, both groups strongly preferred this model as the best way to receive the highest quality care that may also reduce costs.
“The survey data and information from our research demonstrate that both employers and consumers overwhelmingly prefer value-based care to fee-for-service payment models when they better understand the differences between each model,” said EmblemHealth’s Chief Executive Officer Karen Ignagni. “Achieving healthier outcomes more affordably will require all stakeholders to work together to educate the public on the benefits of a value-based care model.”
The study surveyed nearly 125 employer health insurance decision-makers and nearly 750 consumers ages 18 and older nationally, with a focus on EmblemHealth’s core tristate region. The value-based care white paper, “Moving from Volume to Value: Explaining the Difference Between Fee for-Service and Value-Based Payments,” is available now and includes detailed study findings and recommendations on how employers and consumers can be better informed about the differences between fee-for-service and value-based care payment models.
Click here to read our public announcement that includes key highlights from the study, including the importance consumers and employers place on quality care.
JP 63180 09/2023
