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October 2002, Vol. 125, No.10
Using the Employment Cost Index to adjust Medicare paymentsAlbert E. Schwenk
William J. Wiatrowski
Economist, Office of Compensation Levels and Trends, Bureau of Labor Statistics.
Increases in the Employment Cost Index resulted in increased Medicare payments of more than $2 billion per year to hospitals; payments to other medical providers were also influenced by this index.
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