What does the consumer price index for prescription drugs really measure?

D. L. Cleeton*, V. T. Goepfrich, B. A. Weisbrod

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

This article examines the conceptually desirable attributes of a fully quality-adjusted prescription drug price index. It provides an understanding of how the Consumer Price Index for prescription drugs and medical supplies treats quality changes in prescription drugs and, in particular, quality changes associated with the introduction of new drugs.

Original languageEnglish (US)
Pages (from-to)45-51
Number of pages7
JournalHealth Care Financing Review
Volume13
Issue number3
StatePublished - Jan 1 1992

ASJC Scopus subject areas

  • Nursing(all)
  • Health(social science)
  • Health Professions(all)

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