Lakdawalla, Bhattacharya and Malani in The Conversation: America Needs A ‘Do-Over’ on Medicaid Reform
PHE’s Darius Lakdawalla, along with co-authors Jay Bhattacharya and Anup Malani, offer a new commentary in The Conversation, making the argument that Medicaid reform is drastically needed and that the best ideas representing both government-administered health insurance and market-based health insurance should be given serious consideration.
To read the complete commentary, please click here.
By: Jason Shafrin, PhD Sr. Director, Policy and Economics and Jacki Chou, MPL Senior Director, Policy and Economics The recent announcement that CVS Caremark will use value-based metrics to inform formulary design at first appears a step in the right direction. However, using value measurements from a single nongovernmental organization—the Institute for Clinical and Economic Review (ICER)—based on a limited picture of treatment value may be problematic. Using this single assessment of value in an effort solely to exclude drugs from a major insurance formulary is even more worrisome and fails to recognize the heterogeneity in patient clinical needs and preferences.