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To: BGR who wrote (39111)6/12/2000 10:18:00 AM
From: LLCF  Read Replies (1) | Respond to of 42523
 
< a more healthy and longer life - are forever expanding.>

That's quite a leap of faith in itself! Let alone saying if it does occur there there will forever be increased benefit per unit cost.

dAK



To: BGR who wrote (39111)6/12/2000 3:38:00 PM
From: Les H  Read Replies (2) | Respond to of 42523
 
Yours is typical Hillary thought in action. The longer one stays alive, the more likelihood that the basket of goods and services for health care will grow. You become more vulnerable to the diseases such as diabetes, parkinson's, etc that are linked to age and accumulation of lifestyle such as overeating, lack of exercise, stress, etc. If hedonic pricing was applicable to health care, you should be able to point to reduced expenditures in the health care basket. Then applying hedonic pricing would be redundant. Unfortunately, it's not resulting in real savings of costs.



To: BGR who wrote (39111)6/12/2000 7:21:00 PM
From: Mike M2  Read Replies (1) | Respond to of 42523
 
BGR, thanks for sharing your views -g- HO HO HO Mike