What’s included in the Consumer Price Index and what isn’t?
Marketplace - 11/23/2021
That means there are key items that are omitted — like Medicaid and parts of Medicare, explained Paul Chiou, an associate teaching professor of finance at Northeastern University.
And the current method may underestimate the increase in education costs, Chiou said. Like we see with health care, the CPI only reflects those out-of-pocket expenses.