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Valuated Benefits Program
Producer Communication #574
Updated January 14, 2014,
Summary
Capital Blue Cross launched a value based benefits (BBB) program on July 1, 2012, for large groups with
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What is valuebased benefits program?
A valuebased benefits program is a healthcare program that aims to improve the quality of care while reducing costs by aligning payment with the value and outcomes of the provided services.
Who is required to file valuebased benefits program?
The healthcare providers or organizations participating in valuebased benefits programs are required to file the program.
How to fill out valuebased benefits program?
To fill out a valuebased benefits program, healthcare providers need to report the necessary information regarding the program, including the details of the services provided, outcomes, and financial arrangements.
What is the purpose of valuebased benefits program?
The purpose of a valuebased benefits program is to promote high-quality and cost-effective healthcare services by incentivizing healthcare providers to deliver better outcomes and value for patients.
What information must be reported on valuebased benefits program?
Healthcare providers need to report information such as the types of services provided, the outcomes achieved, financial incentives or arrangements, and any other relevant data that demonstrate the value and effectiveness of the program.
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