Unbiased Analysis of Today's Healthcare Issues
We all know that there are two types of statistics: frequentist and Bayesian. Frequentist approaches treat parameters to be estimated as fixed quantities and the data we observe to come from a data generating process based on these quantities. The Bayesian approach assumes that we don’t want to just estimate the parameters as fixed points…
Many people think that once a treatment is approved, your insurance automatically covers the treatment. However, that is no longer the case. Some health plans may keep certain drugs off of formularies. Others health plans have drugs on formulary but may require step edits (failing another drug first before moving to the novel treatment) and…