How The Health Insurance Index Skews Inflation and Hides Rising Costs
investigativeeconomics.substack.com
When economic numbers from the Bureau of Labor Statistics (BLS) were announced November 14th, it showed a lower than anticipated inflation rate. Much of that was due to the declining price of gas, but what was also unique was that the health insurance price index—an adjusted metric for how the BLS measures the cost of health insurance—went down by 34 percent.
How The Health Insurance Index Skews Inflation and Hides Rising Costs
How The Health Insurance Index Skews…
How The Health Insurance Index Skews Inflation and Hides Rising Costs
When economic numbers from the Bureau of Labor Statistics (BLS) were announced November 14th, it showed a lower than anticipated inflation rate. Much of that was due to the declining price of gas, but what was also unique was that the health insurance price index—an adjusted metric for how the BLS measures the cost of health insurance—went down by 34 percent.