Accurate calculations of out-of-pocket costs for mental healthcare consultations
Date
2023
Authors
Looi, Jeffrey
Robson, Stephen
Journal Title
Journal ISSN
Volume Title
Publisher
Australian Hospital Association
Abstract
What is known about the topic? When assessing real growth in costs, it is important to adjust for inflation through indexation to the Consumer Price Index (CPI). The change in prices or costs over time can be calculated in constant currency amounts by adjusting by a ratio of the CPI in the year of interest to the CPI in the baseline year. What does this paper add? Rosenberg et al. (2022) did not calculate out-of-pocket costs in constant currency, which does not give an accurate estimation of costs adjusted for inflation. What are the implications for practitioners? We calculated examples to illustrate the impact of such adjustments, which substantially impact the results of the study.
Description
Keywords
Citation
Collections
Source
Australian Health Review
Type
Journal article
Book Title
Entity type
Access Statement
License Rights
DOI
Restricted until
2099-12-31
Downloads
File
Description