JSM Preliminary Online Program
This is the preliminary program for the 2007 Joint Statistical Meetings in Salt Lake City, Utah.

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Activity Number: 299
Type: Roundtables
Date/Time: Tuesday, July 31, 2007 : 12:30 PM to 1:50 PM
Sponsor: Section on Health Policy Statistics
Abstract - #309132
Title: Recent Methodological Developments on Prediction of Health-Care Costs
Author(s): Xiao-Hua (Andrew) Zhou*+
Companies: University of Washington
Address: 1705 Pacific Street NE, Seattle, WA, 98195-7232,
Keywords: prediction ; health care ; costs
Abstract:

In this roundtable, I will discuss the issue and difficulty of predicting future health care costs of individual subjects due to their special distributional features, including skewness, zero, and heteroscedasticity. Then, I will discuss recent attempts to overcome these difficulties, including parametric, semiparametric, and nonparametric models, and contrast their strengths and limitations. If time allows, I will illustrate these methods in a real clinical study, conducted in the population of U.S. veterans.

  • The address information is for the authors that have a + after their name.
  • Authors who are presenting talks have a * after their name.

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Revised September, 2007