Purpose of review: This paper provides an overview of type 2 diabetes economic simulation modeling and reviews current topics of discussion and major challenges in the field.
Recent findings: Important challenges in the field include increasing the generalizability of models and improving transparency in model reporting. To identify and address these issues, modeling groups have organized through the Mount Hood Diabetes Challenge meetings and developed tools (i.e., checklist, impact inventory) to standardize modeling methods and reporting of results. Accordingly, many newer diabetes models have begun utilizing these tools, allowing for improved comparability between diabetes models. In the last two decades, type 2 diabetes simulation models have improved considerably, due to the collaborative work performed through the Mount Hood Diabetes Challenge meetings. To continue to improve diabetes models, future work must focus on clarifying diabetes progression in racial/ethnic minorities and incorporating equity considerations into health economic analysis.
Keywords: Cost-effectiveness; Economic simulation modeling; Health economic analysis; Mount Hood Diabetes Challenge; Type 2 diabetes.