Aug
02
2009

WaPo on Healthcare: 'Correct. But. . . Not Helpful'

Presenting yet another example of corporate media failure to grasp the concept of "Adjusted for Inflation," Kevin Drum (MotherJones.com, 7/26/09) has written up a Washington Post piece in which "David Brown says that as treatment for heart attacks has gotten better, it's also gotten more expensive": "Over the same period, the charges for treating a heart attack marched steadily upward, from about $5,700 in 1977 to $54,400 in 2007 (without adjusting for inflation)." I continue not to understand why anyone would write this. Why not this instead? "Over the same period, adjusted for inflation, the charges for treating a heart […]