Chapter 13

Measuring prices and real household consumption of medical goods

service-based versus disease-based approaches

Ralph Bradley1, and Brett Matsumoto2     1Retired, Littleton, NH, United States     2Division of Price and Index Number Research, Bureau of Labor Statistics, Washington, DC, United States

Abstract

Currently, medical prices and expenditures are measured using service-based measures rather than a treatment of disease framework. In this chapter, we present a method for calculating disease-based price indexes and compare these measures to traditional measures of price and output. The BLS currently produces diseased-based price indexes on an experimental basis.

Keywords

Medical prices; Health care consumption; Price indexes

1. Introduction ...

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