Abstract Details
Activity Number:
|
316
|
Type:
|
Contributed
|
Date/Time:
|
Tuesday, August 6, 2013 : 8:30 AM to 10:20 AM
|
Sponsor:
|
Government Statistics Section
|
Abstract - #307860 |
Title:
|
Feasible Methods to Estimate Disease-Based Price Indexes
|
Author(s):
|
Ralph Bradley*+
|
Companies:
|
US Bureau of Labor Statistics
|
Keywords:
|
Price Indexes ;
Supewrlative Indexes ;
Cost of Living
|
Abstract:
|
There is a consensus that statistical agencies should report medical data by disease rather than by service. This study computes price indexes that are necessary to deflate nominal disease expenditures and to decompose their growth into price, treated prevalence and output per patient growth. Unlike previous studies, it uses methods that can be implemented by the Bureau of Labor Statistics (BLS). For the calendar years 2005 to 2010, I find that these feasible disease based indexes are approximately 1% lower on an annual basis than indexes computed by current methods at BLS. This gives evidence that traditional medical price indexes have not accounted for the more efficient use of medical inputs in treating most diseases.
|
Authors who are presenting talks have a * after their name.
Back to the full JSM 2013 program
|
2013 JSM Online Program Home
For information, contact jsm@amstat.org or phone (888) 231-3473.
If you have questions about the Continuing Education program, please contact the Education Department.
The views expressed here are those of the individual authors and not necessarily those of the JSM sponsors, their officers, or their staff.
Copyright © American Statistical Association.