Given a data frame of claims with cost data and a month and year, adjust all costs to that month and year using CPI-M.
Usage
adjust_costs_for_inflation(cost_data_frame, baseline_month, baseline_year)
Arguments
- cost_data_frame
data frame of cost data created by a get_*_*_*costs function
- baseline_month
is the full name of the month.
- baseline_year
is a year in the 2006-2025 range.
Value
A data frame with costs adjusted for inflation, with the original variable name changed.
Details
The original cost variables will be retained, and new variables created that contain "_ADJUSTED" appended to them.
Examples
if (FALSE) {
adjust_costs_for_inflation()
}