How large is the influence of government policy in finding the answers to benefit design, and how much of it is the private marketplace?
“Government policy plays an enormous role in the way that care is delivered, the way that the markets are structured, how big the players are, what we pay for, how much we pay for it — all of that is of first-order importance,” says Katherine Baicker, Professor of Health Economics at Harvard T.H. Chan School of Public Health.
“I’m not convinced that government policy is going to find the answers to what better design is,” says Baicker, “but having government programs like Medicare and Medicaid adopt more patient-centered designs, more nuanced structures, more sophisticated and innovative ways that providers can deploy the resources to most effectively improve population health, that’s got to be an enormous part of the solution.” What Medicare adopts, for example, drives what private payers can do.
From the NEJM Catalyst event Patient Engagement: Behavioral Strategies for Better Health at the University of Pennsylvania, February 25, 2016.