Medical Services Expenditures by Disease: Diseases of the Digestive System Price Index, MEPS Account Basis
This dataset tracks medical services expenditures by disease: diseases of the digestive system price index, meps account basis over time.
Latest Value
113.13
Year-over-Year Change
25.76%
Date Range
1/1/2000 - 1/1/2021
Summary
The Diseases of the Digestive System Price Index, MEPS Account Basis measures price changes in medical services expenditures for digestive system diseases. This metric is crucial for understanding healthcare cost trends and evaluating policy impacts.
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 index tracks price changes in medical services spending for conditions affecting the digestive system, including disorders of the esophagus, stomach, intestines, and other related organs. It is an important indicator for policymakers and analysts monitoring healthcare inflation and utilization.
Methodology
The data is collected through the Agency for Healthcare Research and Quality's Medical Expenditure Panel Survey (MEPS).
Historical Context
This index informs economic decisions around healthcare policy, insurance coverage, and consumer spending.
Key Facts
- The index has a base year of 2001.
- Digestive system diseases account for over $150 billion in annual U.S. healthcare spending.
- The index has risen by over 50% since 2001.
FAQs
Q: What does this economic trend measure?
A: The Diseases of the Digestive System Price Index, MEPS Account Basis measures price changes in medical services expenditures for conditions affecting the digestive system.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding healthcare cost trends and evaluating policy impacts related to digestive system diseases.
Q: How is this data collected or calculated?
A: The data is collected through the Agency for Healthcare Research and Quality's Medical Expenditure Panel Survey (MEPS).
Q: How is this trend used in economic policy?
A: This index informs economic decisions around healthcare policy, insurance coverage, and consumer spending.
Q: Are there update delays or limitations?
A: The index is updated annually with a several-month delay.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Digestive System Price Index, MEPS Account Basis (DIDISYPIMEPS), retrieved from FRED.