Medical Services Expenditures by Disease: Endocrine; Nutritional; and Metabolic Diseases and Immunity Disorders Price Index, MEPS Account Basis
EDCNMIPIMEPS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.23
Year-over-Year Change
27.92%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Endocrine; Nutritional; and Metabolic Diseases and Immunity Disorders Price Index tracks changes in the prices of medical services for a specific set of conditions. This index is a key economic indicator for healthcare costs and spending in the U.S.
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 measures the price changes over time for medical services and treatments related to endocrine, nutritional, metabolic, and immunity disorders. It is an important metric for understanding healthcare inflation and the economic burden of certain disease categories.
Methodology
The data is collected through the Medical Expenditure Panel Survey (MEPS), a nationally representative survey of healthcare utilization and expenditures.
Historical Context
Policymakers and economists use this index to analyze trends in medical costs and the impact on the healthcare system and broader economy.
Key Facts
- The index is based on the MEPS survey, which interviews households and medical providers.
- Endocrine, nutritional, metabolic, and immunity disorders account for a significant portion of U.S. healthcare spending.
- The index tracks price changes, not just spending levels, providing insights into medical inflation.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of medical services and treatments for endocrine, nutritional, metabolic, and immunity disorders over time.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of healthcare inflation and the economic burden of certain disease categories, which is useful for policymakers, economists, and healthcare analysts.
Q: How is this data collected or calculated?
A: The data is collected through the nationally representative Medical Expenditure Panel Survey (MEPS).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to analyze trends in medical costs and the impact on the healthcare system and broader economy.
Q: Are there update delays or limitations?
A: The index is updated periodically based on the MEPS survey data, and may have lags or limitations inherent to the underlying data collection process.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Endocrine; Nutritional; and Metabolic Diseases and Immunity Disorders Price Index (EDCNMIPIMEPS), retrieved from FRED.