CLIP: Harvard Pilgrim’s Michael Sherman on VBA

Harvard Pilgrim Health Care has been on the forefront of value-based payment structures for prescription drugs, signing 17 different value-based agreements (VBAs) since 2015. In an interview with Xconomy, Harvard Pilgrim chief medical officer Michael Sherman discusses the future of VBAs, how VBAs can be leveraged most effectively and why VBAs can help address—but are not a silver bullet solution to—high drug prices.