Updating CBO’s Health Insurance Simulation Model (HISIM)
Presentation by Jessica Banthin, Deputy Assistant Director in CBO’s Health, Retirement, and Long-Term Analysis Division (HRLD), and Alexandra Minicozzi, Chief of HRLD’s Health Insurance Modeling Unit, at the Bipartisan Policy Center.
HISIM generates estimates of health insurance coverage and premiums for the U.S. population under age 65. CBO’s analysts use that model to develop baseline projections and to simulate the effects of proposed changes to policies involving health insurance coverage.
On June 19, two analysts explained how HISIM is used to help estimate the cost of a proposal affecting health insurance coverage and how a new version of the model is being developed to enhance CBO’s analytic capabilities.