Predictability of drug expenditures: An application using morbidity data
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- dc.contributor.author García-Goñi, Manuelca
- dc.contributor.author Ibern Regàs, Pereca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T10:50:52Z
- dc.date.available 2017-07-26T10:50:52Z
- dc.date.issued 2006-09-01
- dc.date.modified 2017-07-23T02:10:40Z
- dc.description.abstract The growth of pharmaceutical expenditure and its prediction is a major concern for policy makers and health care managers. This paper explores different predictive models to estimate future drug expenses, using demographic and morbidity individual information from an integrated healthcare delivery organization in Catalonia for years 2002 and 2003. The morbidity information consists of codified health encounters grouped through the Clinical Risk Groups (CRGs). We estimate pharmaceutical costs using several model specifications, and CRGs as risk adjusters, providing an alternative way of obtaining high predictive power comparable to other estimations of drug expenditures in the literature. These results have clear implications for the use of risk adjustment and CRGs in setting the premiums for pharmaceutical benefits.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=977
- dc.identifier.uri http://hdl.handle.net/10230/1014
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 977
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword drug expenditure
- dc.subject.keyword risk-adjustment
- dc.subject.keyword morbidity
- dc.subject.keyword clinical risk groups
- dc.subject.keyword Labour, Public, Development and Health Economics
- dc.title Predictability of drug expenditures: An application using morbidity dataca
- dc.type info:eu-repo/semantics/workingPaper