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CPI revision provides more accuracy in the medical care services component
Ina Kay FordPhilip Sturm
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics
Expenditures dropped because of increases in employer- or government-financed payment; health insurance premiums are now allocated to appropriate commodities and services; unique categories for professional services and hospital and related services were created. This article describes the changes in consumption patterns, definitions, methodology, and data sources of the medical care services component of the revised CPI.
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