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Health care cost increases outstrip CPI. (St. Louis, Missouri health care industry; Consumer price indexes) (Focus: Health Care) (Industry Overview)
Employee health costs rose 10% from '91 to '92
Despite a national drive to decrease health care costs, the price St. Louisans pay for medical care continues to rise faster than the cost of other consumer items.
According to the U.S. Bureau of Labor Statistics, medical care totals for the St. Louis area rose 5.4 percent in 1992. In comparison, the overall Consumer Price Index here rose only 1.9 percent.
The CPI for all U.S. urban consumers rose 3 percent in 1992.
The Medical Care Price Index includes all out-of-pocket expenditures by consumers, says Virginia Guzman, region economist with the Bureau of Labor Statistics.
Included in the index, …
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Magazine article from: Baltimore Business Journal
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700+ words
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Magazine article from: Austin Business Journal
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Newspaper article from: Medical Benefits
McCaig, Linda F.
May 15, 2004
700+ words
