Three of America's largest health insurers — Aetna, Anthem and UnitedHealth Group — are on track to pay out nearly half of their reimbursements through value-based models, reports Forbes.
Mark Bertolini, Hartford, Conn.-based Aetna's CEO, told analysts in an earnings call Tuesday the company "made solid progress in 2016 with over 45 percent of Aetna's medical spend[ing] currently running through some form of value-based care model, positioning us to achieve our 2020 goal of 75 percent."
A spokesperson for Minnetonka, Minn.-based UnitedHealth told Forbes the company allocates 45 percent of its annual medical spending — or $52 billion — toward value-based payment contracts with physicians and hospitals.
Indianapolis-based Anthem's goal is to reach 50 percent in shared savings programs by 2018, according to the report. The insurer said more than 43 percent of its reimbursements are tied to share savings programs.