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The Medical Care Price Index
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Book Synopsis Price Indexes for Medical Care Goods and Services by : Ernst R. Berndt
Download or read book Price Indexes for Medical Care Goods and Services written by Ernst R. Berndt and published by . This book was released on 1998 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price indexes in the U.S., particularly the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). We outline salient features of the medical care marketplace, including the impacts of insurance, moral hazard, principal-agent relationships, technological progress and organizational changes. Since observed data are unlikely to correspond with efficient outcomes, we discuss implications of the failure of transactions data in this market to reveal reliable marginal valuations, and the consequent need to augment traditional transactions data with information based on cost-effectiveness and outcomes studies. We describe procedures currently used by the BLS in constructing MCPIs and MPPIs, including recent revisions, and then consider alternative notions of medical care output pricing that involve the price or cost of an episode of treatment, rather than prices of fixed bundles of inputs. We outline features of a proposed new experimental price index -- a medical care expenditure price index -- that is more suitable for evaluation and analyses of medical care cost changes, than are the current MCPIs and MPPIs. We conclude by suggesting future research and measurement issues that are most likely to be fruitful.
Book Synopsis Accounting for Health and Health Care by : National Research Council
Download or read book Accounting for Health and Health Care written by National Research Council and published by National Academies Press. This book was released on 2011-01-05 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has become trite to observe that increases in health care costs have become unsustainable. How best for policy to address these increases, however, depends in part on the degree to which they represent increases in the real quantity of medical services as opposed to increased unit prices of existing services. And an even more fundamental question is the degree to which the increased spending actually has purchased improved health. Accounting for Health and Health Care addresses both these issues. The government agencies responsible for measuring unit prices for medical services have taken steps in recent years that have greatly improved the accuracy of those measures. Nonetheless, this book has several recommendations aimed at further improving the price indices.
Book Synopsis Medical Care Output and Productivity by : David M. Cutler
Download or read book Medical Care Output and Productivity written by David M. Cutler and published by . This book was released on 2001 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries. This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it.
Book Synopsis Medical care prices and the consumer price index by : Gladys Ellenbogen
Download or read book Medical care prices and the consumer price index written by Gladys Ellenbogen and published by . This book was released on 1973 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Medical Care Price Index by : Harry I. Greenfield
Download or read book The Medical Care Price Index written by Harry I. Greenfield and published by . This book was released on 1959 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index Publisher : ISBN 13 : Total Pages :212 pages Book Rating :4.3/5 (91 download)
Book Synopsis Toward a More Accurate Measure of the Cost of Living by : United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index
Download or read book Toward a More Accurate Measure of the Cost of Living written by United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index and published by . This book was released on 1996 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Price Index by : United States. General Accounting Office
Download or read book Consumer Price Index written by United States. General Accounting Office and published by . This book was released on 1996 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Report to the President on Medical Care Prices by : United States. Department of Health, Education, and Welfare
Download or read book A Report to the President on Medical Care Prices written by United States. Department of Health, Education, and Welfare and published by . This book was released on 1967 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Social Security Administration. Office of Research and Statistics Publisher : ISBN 13 : Total Pages :164 pages Book Rating :4.3/5 (243 download)
Book Synopsis Medical Care Costs and Prices: Background Book by : United States. Social Security Administration. Office of Research and Statistics
Download or read book Medical Care Costs and Prices: Background Book written by United States. Social Security Administration. Office of Research and Statistics and published by . This book was released on 1972 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Problem of Rising Health Care Costs by : Council on Wage and Price Stability (U.S.)
Download or read book The Problem of Rising Health Care Costs written by Council on Wage and Price Stability (U.S.) and published by . This book was released on 1976 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Strategies for a BEA Satellite Health Care Account by : National Research Council
Download or read book Strategies for a BEA Satellite Health Care Account written by National Research Council and published by National Academies Press. This book was released on 2008-12-17 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2008, the Committee on National Statistics of the National Academies held a workshop to assist the Bureau of Economic Analysis (BEA) with next steps as it develops plans to produce a satellite health care account. This account, designed to improve its measurement of economic activity in the medical care sector, will benefit health care policy. The purpose of the workshop, summarized in this volume, was to elicit expert guidance on strategies to implement the objectives of the BEA program. The ultimate objectives of the program are to: compile medical care spending information by type of disease-a system more directly useful for measuring health care inputs, outputs, and productivity than current estimates of spending by type of provider; produce a comprehensive set of accounts for health care-sector income, expenditure, and product; develop medical care price and real output measures that will help analysts to break out changes in the delivery of health care from changes in the prices of that care; and coordinate BEA and Centers for Medicare and Medicaid Services (CMS) health expenditure statistics.
Book Synopsis Cost of National Medical Care: a Chart Book by : United States. Department of Health, Education, and Welfare
Download or read book Cost of National Medical Care: a Chart Book written by United States. Department of Health, Education, and Welfare and published by . This book was released on 1972 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Price Indexes for Medical Care Goods and Services by : Ernst R. Berndt
Download or read book Price Indexes for Medical Care Goods and Services written by Ernst R. Berndt and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price indexes in the U.S., particularly the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). We outline salient features of the medical care marketplace, including the impacts of insurance, moral hazard, principal-agent relationships, technological progress and organizational changes. Since observed data are unlikely to correspond with efficient outcomes, we discuss implications of the failure of transactions data in this market to reveal reliable marginal valuations, and the consequent need to augment traditional transactions data with information based on cost-effectiveness and outcomes studies. We describe procedures currently used by the BLS in constructing MCPIs and MPPIs, including recent revisions, and then consider alternative notions of medical care output pricing that involve the price or cost of an episode of treatment, rather than prices of fixed bundles of inputs. We outline features of a proposed new experimental price index -- a medical care expenditure price index -- that is more suitable for evaluation and analyses of medical care cost changes, than are the current MCPIs and MPPIs. We conclude by suggesting future research and measurement issues that are most likely to be fruitful.
Book Synopsis Ggd-96-166 Consumer Price Index by : United States Accounting Office (GAO)
Download or read book Ggd-96-166 Consumer Price Index written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-01-28 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: GGD-96-166 Consumer Price Index: Cost-of-Living Concepts and the Housing and Medical Care Components
Author :United States. Social Security Administration. Office of Research and Statistics Publisher : ISBN 13 : Total Pages :112 pages Book Rating :4.3/5 (91 download)
Book Synopsis Medical Care Expenditures, Prices, and Costs by : United States. Social Security Administration. Office of Research and Statistics
Download or read book Medical Care Expenditures, Prices, and Costs written by United States. Social Security Administration. Office of Research and Statistics and published by . This book was released on 1975 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Price Index Concepts and Measurement by : W. Erwin Diewert
Download or read book Price Index Concepts and Measurement written by W. Erwin Diewert and published by University of Chicago Press. This book was released on 2010-02-15 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.
Book Synopsis Medical Care Price Indices by : Joseph P. Newhouse
Download or read book Medical Care Price Indices written by Joseph P. Newhouse and published by . This book was released on 2001 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: These Chung-Hua Lectures, given at the Academia Sinica in Taiwan in December 2000, summarize work that has been done by myself and others on biases in medical care price indices. I begin by reviewing various uses of price indices and therefore why biases in the overall indices - and changes in those biases - matter. I then describe briefly the assumptions and theory underlying the official price indices. I next turn to the problems of measuring medical prices, assuming the basic applicability of the theory upon which the official indices are based. Finally I take up the potential inapplicability of the assumptions made by that theory and the resulting issues for measuring medical price changes. I describe an alternative theory and its implications for the measurement of medical prices. I conclude that the biases in the official medical care index, while substantially reduced by recent improvements, likely remain substantial enough to affect the overall official indices in the United States, especially the GDP deflator, where the weight of medical care is around 13 percent.