Thursday, February 18, 2010

What inflation? Healthcare costs just went up 39%

A good friend told me last week her healthcare insurer informed her that her premiums will increase 39%. This article confirms it.

http://www.reuters.com/article/idUSN1820581220100218


Yet, official government statistics insist the Consumer Price Index ("CPI") is only 2.7%, excluding food and energy costs--since they are "too volatile" to track in the CPI. How convenient.

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