Health Expenditures Price Index, Blended Account Basis
This dataset tracks health expenditures price index, blended account basis over time.
Latest Value
113.11
Year-over-Year Change
36.82%
Date Range
1/1/2000 - 1/1/2021
Summary
The Health Expenditures Price Index, Blended Account Basis, tracks changes in the prices paid for various healthcare goods and services in the United States. This index is a key indicator for economists and policymakers monitoring healthcare cost 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
The Blended Account Basis index measures price changes across different types of healthcare accounts, including private insurance, Medicare, and Medicaid. It provides a comprehensive view of overall healthcare price trends, which is essential for evaluating the economic impacts of rising medical costs.
Methodology
The data is calculated based on price information collected from healthcare providers, insurers, and government sources.
Historical Context
This index is widely used by government agencies, research institutions, and industry analysts to inform healthcare policy decisions and market analysis.
Key Facts
- Tracks changes in healthcare prices across private and public payers.
- Covers a broad range of medical goods and services.
- Important metric for monitoring healthcare cost inflation.
FAQs
Q: What does this economic trend measure?
A: The Health Expenditures Price Index, Blended Account Basis, measures changes in the prices paid for healthcare goods and services in the United States, including both private and public payer sources.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical indicator for understanding healthcare cost inflation, which has significant implications for consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated based on price information collected from healthcare providers, insurers, and government sources.
Q: How is this trend used in economic policy?
A: This index is widely used by government agencies, research institutions, and industry analysts to inform healthcare policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have some time lag in reporting, but it provides a comprehensive view of overall healthcare price trends.
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Citation
U.S. Federal Reserve, Health Expenditures Price Index, Blended Account Basis (HLTHSCPIBLEND), retrieved from FRED.