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Synergies at Work: Realizing the Full Value of Health Investment

According to this NPC-sponsored research, employers need a sound understanding of the value that a healthy employee population brings to their businesses. Synergies at Work: Realizing the Full Value of Health Investments notes that the benefits of employee health include the value of reduced absence and improved workplace productivity, and employers that recognize the full range of benefits can maximize the value of their investment in making employees healthier.

This new research was conducted by A. Mark Fendrick, MD, co-director of the University of Michigan Center for Value-Based Insurance Design (V-BID Center), and Kimberly Jinnett, PhD, research director, and Thomas Parry, PhD, president, both of the Integrated Benefits Institute (IBI). With the health care reform law enacted last year, employers have important decisions to make about how they will support health care benefits for their employees. The authors of this paper suggest that employers’ recognition of the value of a healthy workforce will be critical in making those decisions.

The paper calls upon employers to shift their focus from “How much?” to “What value are we getting for our money?” It describes three objectives for the research:

  • broaden the discussion from a focus limited to the cost of health services/products to one that encompasses the value of improved health;
  • propose the development of a conceptual model that includes comprehensive measures for defining and quantifying value and is inclusive of all relevant outcomes; and
  • sound a call to action in support of better evidence collection in order to capture the real value of interventions for employees and employers.

The report also includes a series of eight case studies that illustrate how individual employers are recognizing the concept of the value of health. These employers have implemented value-based programs that encompass management and care delivery for chronic conditions as well health and wellness strategies. Evaluation of these programs includes workplace absence and productivity outcomes that help to characterize the full value for employers.

An executive summary (PDF) and slide deck (PDF) are also available. Watch the brief video interview of Dr. Parry discussing the study.  

Newsletter Volume

E.V.I.dently: April 2016

MessageValue Assessment Through a Broader, Patient-Focused LensNPC has developed “Guiding Practices for Patient-Centered Value Assessment” to help...
Blog Post

#TBT: Value-Based Insurance Design & New Medicare Advantage Model

As part of our Throwback Thursday blog series, we’re taking a look at a topic that’s currently in the news and tagging it with previous research...
Blog Post

New Models Like V-BID Driving Value-Based Health Care

From accountable care organizations and bundled payments to patient-centered medical homes and value-based insurance design (V-BID), new delivery and...
Blog Post

The Value of Value-Based Insurance Design

The ongoing shift in our health care payment and delivery system from volume-based to value-based has generated a lot of attention, especially with...
Press Release

Specialty Medications: Shifting the Focus From “How Much” We Spend to “How Well” We Spend

Washington, DC, June 9, 2014—As health care decision-makers grapple with how to ensure access to specialty medications, the University of Michigan...
Press Release

NPC Welcomes Dr. Bryan Luce as PCORI Chief Science Officer

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Study Quantifies Impact of Pharmaceuticals on Enhanced Productivity

(WASHINGTON, DC, August 1, 2012)–The costs to employers of chronic health conditions on employee productivity are well documented, but few studies...
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Pharmaceuticals Play Key Role in Achieving ACO Quality, Cost Goals

WASHINGTON, DC, July 18, 2012–As health care providers set up accountable care organizations (ACOs) and other value-based care programs,...
Commentary and Testimony Page

Chain Drug Review – Commentary: “Health Care Outlook for 2015”

This commentary was originally published in the January 5, 2015 issue of Chain Drug Review.By: Dan Leonard, President, National Pharmaceutical...
Commentary and Testimony Page

Linking Chronic Conditions to Medication Adherence and Productivity

It's no secret that chronic disease is the major driver of health care costs in the United States, accounting for two-thirds of the rise in health...
Commentary and Testimony Page

Comparative Effectiveness Research: What Will Employers Do With the Information?

For years now, employers have expressed concern about the cost of providing health care to their employees and its impact on the competitiveness of...
Commentary and Testimony Page

Moving from “Comparative” to “Effectiveness” in Health Care Treatments

The early discussions about comparative effectiveness research (CER) focused on defining “comparative” and determining the implications for...
YouTube Videos

Access to Specialty Medications & Value-Based Insurance Design

Specialty medications have been making health care headlines because of their effectiveness and higher costs. How can we ensure that patients will...
YouTube Videos

Shifting the Focus From "How Much" to "How Well" We Spend Our Health Care Dollars

A. Mark Fendrick, MD, director of the Center for Value-Based Insurance design at the University of Michigan, highlights the key findings from a...
YouTube Videos

Supporting Consumer Access to Specialty Medications Through Value-Based Insurance Design

Access to specialty medications is a particularly pressing issue for many people who rely on these treatments for conditions that are often very...
YouTube Videos

NPC/Benfield CER Employer Survey Results

Chuck Reynolds, president of the employer practice at the Benfield Group, discusses the findings from his NPC-sponsored research, "Comparative...
Blog Post

#TBT: Value-Based Insurance Design & New Medicare Advantage Model

As part of our Throwback Thursday blog series, we’re taking a look at a topic that’s currently in the news and tagging it with previous research...
Blog Post

New Models Like V-BID Driving Value-Based Health Care

From accountable care organizations and bundled payments to patient-centered medical homes and value-based insurance design (V-BID), new delivery and...
Blog Post

The Value of Value-Based Insurance Design

The ongoing shift in our health care payment and delivery system from volume-based to value-based has generated a lot of attention, especially with...
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CER Tweets of the Week: Study on Six Potential EBM “Biases”; VBID "Gets Its Medicare Close-up" (August 31-September 4)

This week on Twitter, comparative effectiveness research (CER) stakeholders shared a study examining six potential biases against patients and carers...

Imputing Productivity Gains From Clinical Trials

Researchers developed a new method to capture the impact that medicines may have on reducing the...

Comparative Effectiveness Research: Do Employers Care? What Will They Do? What About Productivity?

A survey by NPC and the Benfield Group found that one of the benefits employers are looking for...
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