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To: goldsnow who wrote (10962)	4/29/1998 9:06:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116762

Cleveland Fed: "The Median CPI, a...better measure if inflation, grew at 2.75%" biz.yahoo.com

To: goldsnow who wrote (10962)	4/29/1998 9:12:00 PM
From: Terry Rose	Respond to of 116762

goldsnow, Study shows health cost increases accelerate. "Health care costs rose at a 3.8% annual rate for the 12 months ending in September 1997, the latest period for which figures are available, according to the Milliman & Robertson Health Cost Index. But for the quarter that ended September 1997, health care costs rose by 4.4%, up from 3.7% for the quarter that ended June 1997, M&R said. M&R's forecasters said health care costs will rise more rapidly this year. For the 12 months ending September 1998, health care costs are expected to rise by 4.6%, M&R said. Among the factors contributing to rising costs are increases in hospital outpatient and physician costs." Considering that at least 10% of GDP originates from the health care industry, I find this alarming and inflationary. BWDIK. Terry,