Medical Services Expenditures by Disease: Other: Diseases of the Blood and Blood-Forming Organs Price Index, Blended Account Basis
This dataset tracks medical services expenditures by disease: other: diseases of the blood and blood-forming organs price index, blended account basis over time.
Latest Value
113.91
Year-over-Year Change
37.72%
Date Range
1/1/2000 - 1/1/2021
Summary
The Other: Diseases of the Blood and Blood-Forming Organs Price Index measures changes in prices for medical services related to blood and blood-forming organ diseases. This is an important indicator for economists and policymakers tracking healthcare costs and inflation.
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
This price index is part of the Medical Services Expenditures by Disease data, which tracks healthcare spending and prices for various disease categories. It helps provide insights into the cost dynamics of treating blood and hematological disorders.
Methodology
The data is collected through surveys of healthcare providers and payers.
Historical Context
Policymakers and analysts use this index to monitor medical inflation and understand cost drivers in the healthcare system.
Key Facts
- The index is based on a blended account basis, combining public and private insurance data.
- Diseases of the blood and blood-forming organs include conditions like anemia, hemophilia, and leukemia.
- This index is part of the broader Medical Services Expenditures by Disease data series.
FAQs
Q: What does this economic trend measure?
A: The Other: Diseases of the Blood and Blood-Forming Organs Price Index measures changes in prices for medical services related to blood and hematological disorders.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into healthcare cost dynamics and medical inflation for a specific disease category, which is useful for policymakers, economists, and healthcare analysts.
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: Policymakers and analysts use this index to monitor medical inflation and understand cost drivers in the healthcare system.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations typical of healthcare cost surveys and indices.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Other: Diseases of the Blood and Blood-Forming Organs Price Index, Blended Account Basis (DIBLBOPIBLEND), retrieved from FRED.