A National Initiative to Advance Cost Information in Shared Decision-Making for Serious Health Conditions

Grant Summary

This project will develop, test and plan dissemination of shared decision-making tools to help older adults and their family caregivers understand cost information for treatment options based on clinical evidence while balancing risks and outcomes aligned with their preferences and values. The project’s four-phased approach includes: needs assessment/gap analysis, development of shared decision-making tools for older adults, evaluation of these tools and testing for a broader dissemination campaign. FAIR Health is a national, independent nonprofit organization that serves as a trusted source of health care cost data with more than 34 billion private insurance claim records from over 60 payers nationwide. The data represent the privately insured population, including Medicare Advantage. This project will build upon FAIR Health’s prior work in developing and disseminating shared decision-making tools that combine information on clinical care options for serious, chronic illnesses with the associated costs.

Related Grant Resources

• FAIR Health: Actionable Tools with Healthcare Cost Information for Older Adults and Family Caregivers
• FAIR Health Brief: Advancing Shared Decision Making among Older Adults with Serious Health Conditions - Lessons from FAIR Health’s Grant-Funded Initiative
• AJMC Article: Educating Older Adults About Shared Decision-Making, Treatment Costs
• Press Release: FAIR Health Launches Actionable Tools with Healthcare Cost Information for Older Adults and Family Caregivers
• Press Release: FAIR Health Awarded Grant from The John A. Hartford Foundation to Advance Cost Information in Shared Decision Making for Serious Illnesses