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This is why insurances are moving toward capitated plans. Instead of paying for services provided health care providers get paid per patient they care for. That
by colinmhayes 5y ago
This is why insurances are moving toward capitated plans. Instead of paying for services provided health care providers get paid per patient they care for. That way the perverse incentive created by asymmetric information is removed.
- lotsofpulp 5y agoI thought it was the opposite, that everything is moving towards value based payment, or at least it seems to be for government funded healthcare: https://www.chcs.org/its-not-just-risk-why-the-shift-to-value-based-payment-is-also-about-provider-flexibility/ https://www.chcs.org/its-not-just-risk-why-the-shift-to-valu...
- colinmhayes 5y agoWell implemented capitated plans are value based. Value based just means there are incentives for better than expected health outcomes and disincentives for bad outcomes. If you have a non-value based capitated plan health care providers would reduce the quality of care, so value based strategies were implemented to ensure patients receive good care even though providing it costs money.
- lotsofpulp 5y agoOh, thanks for the clarification. I thought they were not compatible.