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Two Faculty Receive Grant for Research on Health Care Expenditures

Professor Edward W. (Jed) Frees of the Actuarial Science, Risk Management and Insurance Department and Associate Professor Marjorie A. Rosenberg,  Actuarial Science, Risk Management and Insurance  and Biostatistics and Medical Informatics, were recently awarded a $100,000 grant from the U.S. Agency for Healthcare Research and Quality to study "longitudinal modeling of health care expenditures."  The long-term aims of the project are to provide tools to policymakers and healthcare professionals to help assess the impact of system changes, such as the success of disease management programs and cost-effectiveness analyses to help increase the understanding of the magnitude and timing of health care expenditures. Their work will emphasize the analysis of longitudinal data, with the goal of better aligning analytic models with empirical data patterns. Specific areas of focus will be in the areas of chronic diseases and on costs affecting the elderly.