Medical Services Expenditures by Disease: Other: Congenital Anomalies Price Index, MEPS Account Basis
This dataset tracks medical services expenditures by disease: other: congenital anomalies price index, meps account basis over time.
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2020
Summary
The Other: Congenital Anomalies Price Index measures price changes for medical services related to congenital anomalies. This is a key indicator for healthcare costs and utilization trends in this diagnostic category.
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 Other: Congenital Anomalies Price Index tracks the prices paid for a variety of medical services and goods associated with the treatment of congenital abnormalities. This metric is used by economists and policymakers to monitor changes in healthcare inflation and spending for this condition.
Methodology
The data is collected through the Medical Expenditure Panel Survey (MEPS) by the U.S. Agency for Healthcare Research and Quality.
Historical Context
The index helps inform healthcare and insurance policy decisions related to congenital diseases.
Key Facts
- The index has a base year of 2001.
- Congenital anomalies account for a significant portion of pediatric healthcare spending.
- Prices for congenital anomaly treatments have risen faster than overall medical inflation.
FAQs
Q: What does this economic trend measure?
A: The Other: Congenital Anomalies Price Index measures changes in the prices paid for medical services related to the treatment of congenital abnormalities.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for monitoring healthcare cost inflation and spending patterns in the area of congenital diseases, which have significant impacts on patients and the broader healthcare system.
Q: How is this data collected or calculated?
A: The data is collected through the Medical Expenditure Panel Survey (MEPS) conducted by the U.S. Agency for Healthcare Research and Quality.
Q: How is this trend used in economic policy?
A: The index helps inform healthcare and insurance policy decisions related to coverage and spending for congenital disease treatments.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and availability due to the survey-based nature of the MEPS data collection.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Other: Congenital Anomalies Price Index, MEPS Account Basis (COGANOPIMEPS), retrieved from FRED.