What is one of the benefits targeted by Value Based Insurance Design?

Value-Based Insurance Design (VBID) focuses on aligning patient costs with the value of healthcare services they receive. One of the primary benefits targeted by VBID is improved health outcomes for patients. By incentivizing the use of high-value services, such as preventive care and effective treatments, the design encourages patients to seek and engage in care that enhances their health.

When patients are more likely to use services that are proven to be effective, it can lead to better management of chronic conditions, reduced complications, and ultimately, improved overall health outcomes. This approach aims not just to save costs but to ensure that the care provided adds value to patients' lives, making health care more effective and sustainable.

In contrast, the other options do not align with the goals of VBID. Increased healthcare costs would be counterproductive, as the intention is to manage costs through value-driven incentives. Similarly, reducing patient satisfaction and limiting access to specialists diverges from the aim of improving overall patient experience and health outcomes in a cost-effective manner.