Format

Send to:

Choose Destination
See comment in PubMed Commons below
J Health Econ. 2004 May;23(3):525-42.

Too much ado about two-part models and transformation? Comparing methods of modeling Medicare expenditures.

Author information

  • 1RAND Health, Washington Office, 1200 South Hayes Street, Arlington, VA 22202-5050, USA. buntin@rand.org

Abstract

Many methods for modeling skewed health care cost and use data have been suggested in the literature. This paper compares the performance of eight alternative estimators, including OLS and GLM estimators and one- and two-part models, in predicting Medicare costs. It finds that four of the alternatives produce very similar results in practice. It then suggests an efficient method for researchers to use when selecting estimators of health care costs.

Copyright 2004 Elsevier B.V.

PMID:
15120469
[PubMed - indexed for MEDLINE]
PubMed Commons home

PubMed Commons

0 comments
How to join PubMed Commons

    Supplemental Content

    Full text links

    Icon for Elsevier Science
    Loading ...
    Write to the Help Desk