Accurate calculations of out-of-pocket costs for mental healthcare consultations

Jeffrey C.L. Looi*, Stephen J. Robson

*Corresponding author for this work

    Research output: Contribution to journalLetterpeer-review

    Abstract

    What is known about the topic? When assessing real growth in costs, it is important to adjust for inflation through indexation to the Consumer Price Index (CPI). The change in prices or costs over time can be calculated in constant currency amounts by adjusting by a ratio of the CPI in the year of interest to the CPI in the baseline year. What does this paper add? Rosenberg et al. (2022) did not calculate out-of-pocket costs in constant currency, which does not give an accurate estimation of costs adjusted for inflation. What are the implications for practitioners? We calculated examples to illustrate the impact of such adjustments, which substantially impact the results of the study.
    Original languageEnglish
    Pages (from-to)258-259
    Number of pages2
    JournalAustralian Health Review
    Volume47
    Issue number2
    DOIs
    Publication statusPublished - 2023

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