The program envisages a bold research program that covers three research initiatives:
Access: Insurance Expansions and Plan Design
What are the benefits of expanded access to patients and society, and what are ways in which these reforms can be preserved?
- Valuing the benefits of more generous insurance and insurance reforms on patients;
- Optimal plan design for health insurance offerings;
- Premium support for slowing cost-growth in Medicare and exchange plans;
- Long-term care in the United States; and
- Reforms to eliminate the regressive nature of health insurance financing.
Innovation: Market Size and Regulatory Policy
What is the responsiveness of the speed and type of innovation to market size and regulatory policy?
- Responsiveness of innovation to market size, regulation, and exclusivity periods;
- Agglomeration economies in the creation of life science innovation;
- National Institutes of Health funding and its role in new medical discoveries; and
- Novel pricing mechanisms for cures and breakthrough treatments.
Delivery System Reform: Payment Policy and Value-Based Care
Physicians, hospitals, and the delivery system are central to delivering high-value care that is low-cost and high-quality. Government payment policy, through payments and regulation, is central to this enterprise.
- Reforming the delivery system, through reimbursement reform, bundled payments;
- Regulatory and competitive solutions for market power as a result of consolidation;
- Consumer decision making and knowledge about high value providers;
- Role of employers and health plans in encouraging value-based healthcare; and
- Medical malpractice and its effects of defensive medicine.