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To: Don Lloyd who wrote (16544)	3/7/2002 8:28:25 PM
From: KyrosL	Read Replies (2) \| Respond to of 74559

Don, let me give you another example. My mother had her spleen removed about a year ago. It was done using laparoscopy and a very small incision. She had to stay in the hospital only a day (she is in her seventies) and by her description it was not much more complicated than getting a flu shot. Her hospital stay for this one day and all the drugs and equipment cost an arm and a leg, a lot more than it would have been twenty years ago. BUT, twenty years ago this procedure would have required a week's stay in the hospital, considerably more suffering, and a much greater chance of complications or even death (at her age.) I think my mother got a lot more for her money than she would have gotten for an equivalent amount of money twenty years ago. By the way, there is no hedonic adjustment for medical procedures or drugs. I think there should be. Kyros