Could the way your doctor is paid influence the care you receive? And could someone else's health insurance affect your healthcare, too?
When we think about healthcare, we often focus on our own insurance coverage, including what services are covered, which doctors we can see, and how much we’ll pay. But behind the scenes, the way we pay for healthcare can also shape how care is delivered, from the tests doctors order to the decisions they make with their patients.
In this episode of Make Science Make Sense, we sit down with Dr. Ken Cohen, Chief Medical Officer of Optum Health, to explore the growing shift from traditional fee-for-service healthcare to value-based care, a model designed to reward quality and patient outcomes rather than the volume of services provided.
Dr. Cohen shares how his early experiences as a physician shaped his approach to reducing unnecessary and sometimes harmful medical care. We discuss what it means to deliver patient-centered care, including the importance of balancing evidence-based medicine, quality of care, and responsiveness to patients' individual needs and preferences.
We also break down the differences between Traditional Medicare and Medicare Advantage and explore Dr. Cohen's research examining whether physicians' participation in value-based payment models may also benefit their Traditional Medicare patients.
From the tests your doctor orders to the conversations you have about your treatment, this episode explores how healthcare payment models may influence the care you receive and what that means for patients, physicians, and the future of healthcare.
Music licensed through Soundstripe.
Codes: CPIZODSIV8JIRVJN, 0WDQOIOS6MXYK26Y