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Skewed data is the main issue in statistical models in healthcare costs. Data transformation is a conventional method to decrease skewness, but there are some disadvantages. Some recent studies have employed generalized linear models (GLMs) and Cox proportional hazard regression as alternative...
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Out-of-pocket health expenditures (OOPHE) are a substantial source of health care financing even in health care systems with an established role of prepaid financing. The empirical analysis of OOPHE is challenging, because they are fixed in an interaction with other sources of health care...
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Abstract Aim/purpose - The aim of this study was to estimate the effect of health insurance on Out-of-Pocket (OOP) health care expenditure in Kenya. It is informed by persistence in the challenges of access and utilization of quality and affordable health care services. Previously, researchers...
Persistent link: https://www.econbiz.de/10014324840
apply the smearing technique in order to correct this bias. An alternative means of implementing the PBS approach is to use …) standard PBS gives biased option values, both in-sample and out-of-sample; (2) using standard (log-linear) PBS with smearing … PBS. We are led to conclude that, of the range of possible approaches to implementing PBS, log-linear PBS with smearing is …
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