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S. Hamid Fakhraei
Director, Research and Financial Studies


Hamid Fakhraei is The Hilltop Institute's director of research and financial studies, possessing expertise in health economics, econometrics modeling, and forecasting. Dr. Fakhraei led the team that developed the Hilltop Health Care Reform Simulation Model that projects a state’s population insurance coverage through Medicare, Medicaid, commercial insurance, the insurance exchange, and the remaining number of uninsured individuals following implementation of the Affordable Care Act (ACA) in the state. The model also projects the impact of the ACA on the state’s budget, the increases in health care expenditures, and the economic impact of implementing the ACA through 2020.

Previously, Dr. Fakhraei was a policy analyst with the Virginia Department of Medical Assistance Services (Medicaid), where he analyzed the impact of national health care reform proposals on the state of Virginia. In 1995, he developed a funding formula for allocation of federal Medicaid funds to states. The proposal became the subject of a national debate about the future of Medicaid.

Dr. Fakhraei authored an article entitled “The Economic Impact of Medicaid Expansion under the Affordable Care Act” that is currently under review for publication. He has published articles for peer-reviewed journals on comorbidity-based payment methodology and risk-adjusted capitation payment systems. He also wrote an article entitled "Payments for Physician Services: An Analysis of Maryland Medicaid Reimbursement Rates," which was published in the International Journal of Healthcare Technology and Management, Volume 7, Nos. 1/2, 2006.

Dr. Fakhraei obtained a Ph.D. and M.S. in economics from Utah State University. He was awarded a B.S. degree from Rasht College of Business in Iran.