HISIM2—CBO’s New Health Insurance Simulation Model
Presentation by Alexandra Minicozzi, a unit chief in CBO’s Health, Retirement, and Long-Term Analysis Division (HRLD), and Geena Kim, an analyst in HRLD, to the Health Economics Scientific Interest Group at the National Institutes of Health.
CBO analysts use the agency’s revised health insurance simulation model, HISIM2, to generate estimates of health insurance coverage and premiums for the population under age 65. The model is used in conjunction with other models to develop baseline budget projections (which incorporate the assumption that current law generally remains the same). It is also used to estimate the effects of proposed changes in policies that affect health insurance coverage. This presentation provides an overview of the model.