Social Security Benefits - Direct Payment of Social Security On Behalf of Patients for Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities, All Establishments, Employer Firms
This dataset tracks social security benefits - direct payment of social security on behalf of patients for residential intellectual and developmental disability, mental health, and substance abuse facilities, all establishments, employer firms over time.
Latest Value
910.00
Year-over-Year Change
12.62%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the direct payment of Social Security benefits on behalf of patients receiving care in residential intellectual and developmental disability, mental health, and substance abuse facilities. It provides insight into government funding and support for these critical healthcare services.
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 Social Security Benefits - Direct Payment of Social Security On Behalf of Patients for Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities, All Establishments, Employer Firms trend tracks government-funded payments made directly to these specialized care facilities. It is an important indicator of public investment in supporting vulnerable populations and addressing major public health challenges.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of relevant healthcare providers.
Historical Context
This trend is relevant for policymakers, economists, and healthcare analysts examining government expenditures and the social safety net.
Key Facts
- Payments cover residential care for vulnerable populations.
- Trend has increased over time as government support has expanded.
- Data reflects public investment in critical health services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the direct payment of Social Security benefits on behalf of patients receiving care in residential intellectual and developmental disability, mental health, and substance abuse facilities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into government funding and support for these critical healthcare services, making it relevant for policymakers, economists, and healthcare analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of relevant healthcare providers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and healthcare analysts to examine government expenditures and the social safety net.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but may have some delay in reporting.
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Citation
U.S. Federal Reserve, Social Security Benefits - Direct Payment of Social Security On Behalf of Patients for Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities, All Establishments, Employer Firms (RIADDMHASAF486232), retrieved from FRED.