Medical Services Expenditures by Disease: Diseases of the Respiratory System Price Index, MEPS Account Basis
DIRESYPIMEPS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.75
Year-over-Year Change
59.94%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Diseases of the Respiratory System Price Index, MEPS Account Basis measures changes in prices for medical services related to respiratory system diseases, providing insight into healthcare cost trends.
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 for medical services and procedures associated with respiratory system diseases, including conditions like asthma, pneumonia, and chronic bronchitis. It is an important indicator for monitoring healthcare costs and affordability for respiratory ailments.
Methodology
The data is collected through the Agency for Healthcare Research and Quality's Medical Expenditure Panel Survey (MEPS).
Historical Context
This index can inform policy decisions and market analysis related to healthcare spending and access.
Key Facts
- The index has a base year of 2001.
- Respiratory diseases account for a significant portion of overall healthcare spending.
- Price changes in this index can impact affordability of care for patients.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in prices for medical services related to respiratory system diseases, including conditions like asthma, pneumonia, and chronic bronchitis.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into healthcare cost trends for respiratory ailments, which can inform policy decisions and market analysis related to healthcare spending and access.
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 can inform policy decisions and market analysis related to healthcare spending and access.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the MEPS survey.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Respiratory System Price Index, MEPS Account Basis (DIRESYPIMEPS), retrieved from FRED.