Which of the following would be included in the consumer price index?
A) A payment made to your doctor on your behalf by Medicare.
B) A payment made by you to your doctor.
C) A payment made to your doctor on your behalf by your employer-provided insurance company.
D) A payment made to your doctor on your behalf by Medicaid.

Question

Quizplus · Accepted Answer

The consumer price index includes prices paid by consumers for goods and services, including out-of-pocket payments like payments made by individuals to their doctors. Medicare and Medicaid payments are made by government programs and employer-provided insurance payments are made by the employer, not the individual, so they would not be included in the CPI.

Which of the Following Would Be Included in the Consumer