Health care is unaffordable for too many families and businesses. One of the reasons for it may come as a surprise — how health care is paid for. The antiquated “fee-for-service” payment model — where providers get paid for every test, treatment or procedure they perform — encourages volume over quality because providers get paid for doing more, regardless of whether the patient’s health improves. Multiplied over millions of patients, this approach to payment leads to higher health care costs that drive your health insurance rates higher. To truly promote affordability and better patient outcomes, Blue Cross Blue Shield of Michigan is changing the payment model to reward providers across care settings based on quality, experience and value, not volume. This work is being done in partnership with Michigan health systems and physicians. Read complete article here.
Courtesy of Blue Cross® Blue Shield® of Michigan
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