Useful Data Files for Simulation Modelling

In recent years, researchers have created a number of complex simulation models to estimate future trends and the impacts of policy changes.  Some of the more prominant models include: RAND Comprehensive Assessment of Reform Efforts (COMPARE) CBO’s Health Insurance Simulation Model (HISim) Urban Institute’s Health Insurance Reform Simulation Model (HIRSM), Future Elderly Model (FEM) These…

Increased prescription drug use reduces spending on medical services

Increased use of prescription drugs could either increase or decrease spending on medical services.  On the one hand, increased use of pharmaceuticals could decrease hospitalizations and ER visits if pharmaceuticals are able to help patients control chronic conditions and prevent the onset of incidents requiring acute care.  On the other hand, increased use of pharmaceuticals…