A note on health care inflation

Usha Reichert () and Richard Cebula ()

Journal of Economics and Finance, 1999, vol. 23, issue 3, 193-198

Abstract: A key issue in health care reform is the need to contain the inflation rate of the CPI for health care services without substantially reducing the quality of health care. Althought the previous literature has widely debated the causes of increasing inflation in the CPI for health care services, very little has been done to empirically test these arguments. We use an econometric framework that allows us to expressly examine the determinants of the inflation rate of the CPI for health care services. The data cover the period from 1960–1994. The main results provide empirical verification for many of the demand-side and supply-side theories of the inflation rate of the CPI for health care services that have been widely discussed in the literature. Copyright Springer 1999

Date: 1999
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Working Paper: A Note on Health Care Inflation (1998)
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DOI: 10.1007/BF02757704

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