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Book Cover

Title Health status and medical treatment of the future elderly : final report / Dana P. Goldman [and others].

Published Santa Monica, CA : RAND, ©2004.


Location Call No. Status
Physical description 1 online resource (xxxv, 228 pages) : illustrations
Series Books at JSTOR Open Access
Bibliography Includes bibliographical references (pages 214-228).
Contents Prospects for medical advances in the 21st century -- The medical expert panels -- The future elderly model (FEM) -- Health expenditures -- Health status -- The health status of future Medicare entering cohorts -- Scenarios -- Usefulness to the Office of the Actuary -- Conclusions.
Notes "TR-169-CMS, August 2004, prepared for the Centers for Medicare and Medicaid Services."
Summary The ability to predict future health care costs reasonably accurately is critical to planning for the Centers for Medicare and Medicaid Services (CMS). The models used for such projections to date, however, are limited in terms of their capacity to take into account the complex array of factors likely to affect future spending. To improve CMS's ability to map the effects on spending of such factors as medical breakthroughs and demographic trends, RAND Health developed the Future Elderly Model (FEM), a demographic-economic model framework of health spending projections that enables the user to answer "what-if" questions about the effects of changes in health status and disease treatment on future health care costs. What distinguishes the FEM from other models is its inclusion of a multidimensional characterization of health status, which allows the user to include a richer set of demographic controls as well as comorbid conditions and functional status. This report describes the development of the FEM and its application in four clinical areas: cardiovascular disease, the biology of aging and cancer, neurological disease, and changes in health care services. Beside those involved in planning at the Centers for Medicare and Medicaid Services, it should be of interest to health policy planners and health economists.
Other author Goldman, Dana P. (Dana Paul), 1966-
Rand Corporation.
JSTOR issuing body.
Subject Older people -- Health and hygiene -- United States -- Forecasting.
Older people -- Medical care -- Economic aspects -- United States.
Medical care, Cost of -- United States -- Forecasting.
Medical care -- United States -- Mathematical models.
Electronic book.
Electronic books.
ISBN 9780833057983 (electronic bk.)
0833057987 (electronic bk.)