When: Thursday, October 18th Noon – 1 PM Et
Where: Senate Visitors Center (SVC), Room 203
Media: Open Press
RSVP: [email protected]
Washington, DC: The Council for Affordable Health Coverage (CAHC) – a coalition of employers, insurers, life science companies, PBMs, brokers, agents, patient groups, and physician organizations – will hold a Congressional briefing on Thursday, October 18th at noon in room 203 of the Senate Visitors Center (SVC) entitled, “VBAs 101: How Rewarding Value Can Improve Rx Affordability & Patient Care.”
More than half the country continues to believe addressing prescription drug affordability should be a “top priority” of lawmakers in Washington. The Trump Administration has outlined its plans in the recent “American Patients First” blueprint, while Democrats last year unveiled a “Better Deal” drug cost platform of their own last year.
Consensus has been hard to come by, but Democrats and Republicans, employer organizations and consumer groups, pharmaceutical manufacturers and payors have rallied together around the notion of rewarding innovative payment models and embracing the shift toward paying for medicines based on value over volume.
Value-based payment arrangements (VBAs) are already becoming more common in the private insurance market, and many believe they can improve affordability for Medicare beneficiaries and participants in other federal and state health programs – if Congress takes a few simple, important steps to help realize the full potential of these solutions.
Join the Council for Affordable Health Coverage and a panel of expert guests on Thursday, October 18th at noon in SVC-203 at “VBAs 101: How Rewarding Value Can Improve Rx Affordability and Patient Care” to learn more. Lunch will be served. RSVP here.
This is a widely attended event intended to comply with all Congressional ethics rules.