Medical Services Expenditures by Disease: Other: Congenital Anomalies Price Index, Blended Account Basis
COGANOPIBLEND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.27
Year-over-Year Change
16.62%
Date Range
1/1/2000 - 1/1/2021
Summary
The Congenital Anomalies Price Index, Blended Account Basis measures changes in medical expenditures for the treatment of congenital anomalies. This index is a key indicator for economists and policymakers tracking healthcare costs and utilization.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Congenital Anomalies Price Index, Blended Account Basis tracks the prices paid for medical services and goods related to the treatment of congenital abnormalities or birth defects. This index provides valuable insights into the evolving costs of healthcare for this patient population.
Methodology
The data is collected through surveys of healthcare providers and payers.
Historical Context
This index informs discussions around healthcare policy, insurance coverage, and resource allocation.
Key Facts
- The index is based on a blended account basis, combining data from various healthcare providers.
- Congenital anomalies are a leading cause of infant mortality and long-term disability.
- Tracking this index helps identify trends in the cost of treating birth defects.
FAQs
Q: What does this economic trend measure?
A: The Congenital Anomalies Price Index, Blended Account Basis measures changes in medical expenditures for the treatment of congenital abnormalities or birth defects.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the evolving costs of healthcare for patients with congenital anomalies, informing discussions around healthcare policy, insurance coverage, and resource allocation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and payers.
Q: How is this trend used in economic policy?
A: This index informs discussions around healthcare policy, insurance coverage, and resource allocation for the treatment of congenital anomalies.
Q: Are there update delays or limitations?
A: The data may be subject to update delays due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Other: Congenital Anomalies Price Index, Blended Account Basis (COGANOPIBLEND), retrieved from FRED.