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Realizing value-based care success is easier said than done. While a primary goal of value-based care is to improve long-term health outcomes and costs, that can be difficult when consumers’ healthcare journeys are disrupted each year.
In simple terms, it takes longer than 12 months to meaningfully change health outcomes, placing the notion of annual enrollment in direct opposition to value-based care.
Moving from annual enrollment to long-term health plan enrollment can help encourage investments in care that will lead to lasting improvements, according to Sachin Jain, MD, president and chief executive officer of SCAN Group and SCAN Health Plan.
“Having a healthcare system that thinks longer-term is the foundation for everything that’s going to make healthcare better. One of our biggest challenges as a healthcare industry is that we think way too short-term,” Jain told HealthPayerIntelligence.