Maryland’s Health Care Reform Coordinating Council (HCRCC) has developed a financial modeling tool for use in estimating the fiscal impact of federal health reform. The tool aims to identify how health reform will change the state’s budget by comparing costs, savings and revenues related to reform with what would be expected in the absence of reform. To react to evolving provisions of federal health reform, the financial modeling tool has the ability to change and be updated as projections are replaced with actual data. Similarly, as decisions are made, the tool can accommodate an ever-changing environment and adjust to generate useful long-term fiscal estimates. More information on this topic is available in this brief. November 2010.
State Data Spotlight is a SHADAC series highlighting states’ unique data tools, datasets, and uses of existing data systems. The series aims to provide information and insight on innovations that can be applied in other states.