5 ms·
The numbers are just bullshit. The current inflation numbers tell us the price of health insurance is falling for example. When reality seems to be in conflict
by CPLX 2mo ago
The numbers are just bullshit. The current inflation numbers tell us the price of health insurance is falling for example.
When reality seems to be in conflict with logic, the next step is to question assumptions.
- amanaplanacanal 2mo agoIs the cost of health insurance falling because people are settling for worse plans?
- matwood 2mo agoIt's a bit like when the inflation basket subs ground beef for steak, and then says food is getting cheaper.
- rawgabbit 2mo agoI would wager they are non insured and going to the emergency room when desperate. As another poster linked healthcare costs have grown exponentially. https://www.aei.org/carpe-diem/chart-of-the-day-or-century-8/ https://www.aei.org/carpe-diem/chart-of-the-day-or-century-8...
- runako 2mo agoWhere are you seeing inflation numbers showing health insurance falling?
- CPLX 2mo agoThe CPI showed health care price dropping by 7% in the most completed numbers, which were June. It's fucking ridiculous and obviously so. The problem does involve methodology and so on but mostly it's just that "the map is not the territory" to be honest. The CPI is a synthetic measurement. There are other examples too. It's not just health insurance. For example, interest rates are generally excluded from the CPI. So they don't affect the tracked price of owning a car even if they cause car payments to go up by double-digit percentages. Which has actually happened. If you want a link though: https://www.bls.gov/news.release/cpi.htm https://www.bls.gov/news.release/cpi.htm Scroll to health insurance and note that it's showing over a 7% decrease year over year.