2024 VBID benefit MA market landscape and 2025 VBID Model application considerations
We review the key considerations and questions regarding CMS’s introduction of competitive bidding into the Value-Based Insurance Design program for 2025.
With the introduction of the Area Deprivation Index to the Medicare VBID Model for 2025, MAOs have the potential to reach a whole new cohort of enrollees.
Value-based insurance design (VBID) benefits have grown significantly in the Medicare Advantage (MA) market in recent years. The voluntary VBID model for Medicare Advantage Organizations (MAOs) was implemented in 2017, and was recently extended through calendar-year 2030. In this paper, we first summarize our key findings. We then outline benefit trends, the landscape of the 2024 market, and insights for 2025 and beyond. The main sections include the following topics:
- Growth of VBID participation in recent years
- How food and utilities remain the most common Part C VBID offerings in 2024
- 2025 VBID model considerations
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2024 VBID benefit MA market landscape and 2025 VBID Model application considerations
With the growth of value-based insurance design in the Medicare Advantage market, we outline the landscape for this year and offer insights for 2025 and beyond.