Medical Services Expenditures by Disease: Injury and Poisoning Price Index, Blended Account Basis
This dataset tracks medical services expenditures by disease: injury and poisoning price index, blended account basis over time.
Latest Value
115.68
Year-over-Year Change
52.43%
Date Range
1/1/2000 - 1/1/2021
Summary
The Injury and Poisoning Price Index measures changes in the prices of medical services related to injury and poisoning. This key economic indicator helps policymakers and researchers understand 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
The Injury and Poisoning Price Index tracks the prices of medical services and goods for the treatment of injuries and poisoning on a blended account basis. This index is an important tool for analyzing healthcare expenditures and the economic burden of injury-related medical care.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This index is widely used by government agencies, economists, and healthcare organizations to monitor medical cost inflation and inform policy decisions.
Key Facts
- The index has a base year of 2012.
- Injury and poisoning account for a significant portion of total U.S. healthcare expenditures.
- The index helps track the affordability of medical care for injury-related conditions.
FAQs
Q: What does this economic trend measure?
A: The Injury and Poisoning Price Index measures changes in the prices of medical services and goods related to the treatment of injuries and poisoning.
Q: Why is this trend relevant for users or analysts?
A: This index is an important tool for understanding healthcare cost trends and the economic burden of injury-related medical care, which is crucial information for policymakers, healthcare providers, and researchers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This index is widely used by government agencies, economists, and healthcare organizations to monitor medical cost inflation and inform policy decisions related to healthcare affordability and the economic impact of injuries.
Q: Are there update delays or limitations?
A: The index data is released on a regular schedule, but there may be some delays in availability due to the comprehensive data collection process.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Injury and Poisoning Price Index, Blended Account Basis (INJPOIPIBLEND), retrieved from FRED.