Modelling in Health Care Finance: A Compendium of Quantitative Techniques for Health Care Financing

This unique book provides a solid understanding of the basics of modeling and assists health care professionals in grasping its uses in creating and implementing informed health care policy. Modelling in Health Care Finance offers the quantitative and analytic tools needed for sound resource allocation and financial governance of health systems. It creates synergies and bridges gaps between quantitative health economics, health financing, and actuarial science while presenting methods for improving the efficiency and lowering the costs of current health systems. A valuable guidebook for health system and health insurance managers alike, this volume traces the foundations of modeling and explains how these very useful and available tools can aid in the design of effective health care policy. In straightforward, non-technical language, the book demystifies the modeling process and provides step-by-step guidance through model construction. From forming health policy goals, identifying options, and analyzing results, to actual implementation, the book demonstrates how managers and policy-makers can make use of models. Written by a team of health care policy experts from the ILO and other contributors, the book also includes a substantial glossary of terms, a section of accessible reference materials, and issue briefs that cover concepts of health economics, mathematics of private health insurance, and basic econometric techniques.