Ernst Berndt (Sloan School of Management, Massachusetts Institute of Technology) Alisa Busch (Harvard Medical School and McLean Hospital) Richard Frank (Harvard Medical School) Sharon-Lise Normand (Harvard Medical School)
Abstract
Health accounts document changes over time in the level and composition of health spending. There has been a continued evolution in the ability to track such outlays. Less rapid has been the ability to interpret changes in spending. In this paper we apply quality adjusted price indexes for several major mental disorders to national mental health expenditure account estimates to assess changes in real "output". We show that using the new price indexes reveals large gains in real output relative to the application of the U.S. Bureau of Labor Statistics' indexes.
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