As explored in a recent Nuffield Trust publication: Predictive risk and health care: an overview, risk adjustment techniques are increasingly being used by the health care systems of many developed countries, including the NHS. Risk adjustment plays a vital role in:
- Forecasting costly events such as emergency hospital admissions, so that people at high risk can be offered targeted preventive care;
- Setting budgets for commissioners;
- Remunerating health care providers;
- Evaluating services.
This conference was designed to bring delegates the latest news on developments on this important and rapidly developing topic.
We recorded video interviews with a selection of the keynote speakers from the conference, including Professor Wynand van de Ven, Professor of Health Insurance at Erasmus University Rotterdam; Professor Ian Duncan, Professor of Actuarial Mathematics at the University of California, Santa Barbara, and Founder of Solucia Consulting; and Dr Dirk Göpffarth, Head of Risk Adjustment at the German Federal Social Insurance Office.
The conference covered the following key issues:
- Introduction to risk adjustment;
- The Person Based Resource Allocation Formula used to allocate NHS budgets in England;
- International perspectives;
- Controversies in the risk adjustment field.