The evaluation of health policies through microsimulation methods

Eugenio Zucchelli, Andrew Jones and Nigel Rice

Health, Econometrics and Data Group (HEDG) Working Papers from HEDG, c/o Department of Economics, University of York

Abstract: This paper presents an overview of microsimulation as a method to evaluate health and health care policies and interventions. After presenting a brief survey of microsimulation models and applications we describe the main features of the approach and how these are implemented in practice. We pay particular attention to the innovative features of dynamic microsimulation as a method of ex-ante policy evaluation. The final section describes two leading microsimulation models, POHEM and FEM used to simulate lifecycle health trajectories and associated health care costs under competing policy scenarios to illustrate the power of microsimulation as a valid and relevant tool for policy evaluation.

Keywords: Microsimulation methods; policy evaluation; health; public health interventions (search for similar items in EconPapers)
JEL-codes: C15 C21 C53 I10 J11 (search for similar items in EconPapers)
Date: 2010-01
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:yor:hectdg:10/03

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