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Overall Annual Medical Care CPI rose 3.5% from September 2008 to September 2009

Editor’s note: While this accounts for price increases, it does not account for utilization increases which generally makes up two-thirds of the increase in premiums. On that basis premiums would increase approximately 10.5% over this time period.

From September 2008 to September 2009  the overall annual medical care consumer price index (CPI) rose 3.5%, compared to a -1.3% drop for the entire CPI. Here’s how the medical care components broke down during this time period:

  • Medical care commodities:  4.1%
  • Medical care services: 3.3%
  • Professional services: 2.6%
  • Hospital and related services: 6.6%

Source: Consumer Price Index Summary BLS Economic News Release, October 15, 2009. http://www.bls.gov/news.release/cpi.nr0.htm

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October 20, 2009 - Posted by | healthcare | ,

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