Description
Apply one positive inflation multiplier per cost and total the adjusted amounts.
Health-economic accounting distinguishes evaluation perspective, reference years, utility tariffs, timing and allocated costs. Missing resource use differs from measured zero, and a caller-supplied weight differs from a validated model correction. One cost or budget contribution does not establish cost effectiveness or an appropriate allocation of care.
Apply one positive inflation multiplier per cost and total the adjusted amounts.
When to use this tool
Use Health Cost Batch Inflation Weight Term when checking the stated supplied health-economic record, timing or allocation convention.
How to use the tool and how it works
- Enter costs, suppliedIndexFactors. Follow any array-alignment requirements below. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read adjustedCosts, adjustedTotal. Use the output convention below.
Require aligned costs and positive finite supplied index factors. Multiply each signed cost by its factor and sum the adjusted costs.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| costs | Costs | Required. Array of finite number; maximum items 256. |
| suppliedIndexFactors | Positive target/source price-index multipliers, one per signed cost; not raw index levels. | Required. Array of finite number; maximum items 256. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| adjustedCosts | Adjusted Costs | Required. Array of finite number; maximum items 256. |
| adjustedTotal | Adjusted Total | Required. Finite number. |
{
"input": {
"costs": [
100,
200
],
"suppliedIndexFactors": [
1.1,
1.2
]
},
"output": {
"adjustedCosts": [
110.00000000000001,
240
],
"adjustedTotal": 350
}
}Limitations and assumptions
- Factors are supplied target/source index ratios; no price index, currency conversion, reference year or inflation series is retrieved.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use a complete justified economic model, verified sources and qualified health-economic/financial assessment for real policy or care-allocation decisions.
References
Similar or alternative tools
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