The annual price of medical care in the U.S. decreased by one percent in the past 12 months which ended in August 2023, a significant decrease from the previous year. Over the provided time interval, medical care costs increased at an average inflation rate of 3.5 percent. This statistic shows the annual inflation rate of medical care prices in the U.S. from 2000 to 2023.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Medical Care Commodities in U.S. City Average (CUUR0000SAM1) from Mar 1947 to Feb 2025 about medical, urban, consumer, CPI, commodities, inflation, price index, indexes, price, and USA.
In June 2023, the cost of inpatient hospital services in the United States had increased by 3.7 percent in comparison to June 2022. On the other hand, health insurance costs had decreased by roughly 25 percent compared to the previous year. This statistic shows the current inflation rate of medical care price in the U.S. in June 2023, by category.
The inflation rate for health in the European Union was 3.8 percent in January 2025, representing a decline from its peak of 5 percent in August 2023. During January, the inflation rate for the EU economy as a whole was 2.8 percent.
In financial year 2022, the cost of healthcare goods and services, also known as medical inflation, reached approximately 13.6 percent in India. This figure was significantly higher than the general inflation rate in the country. In fiscal year 2023, medical inflation is forecasted to decrease to 10.3 percent.
In the United States, the annual price of health insurance declined by 33.6 percent in the last 12 months which ended in August 2023 after rising by 24.3 percent in the previous year. Over the provided time interval, health insurance prices increased at an average inflation rate of approximately five percent. This statistic shows the annual inflation rate of health insurance prices in the U.S. from 2007 to 2023.
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Graph and download economic data for Producer Price Index by Industry: Home Health Care Services: Private Insurance Patients (PCU62161062161041) from Jun 2014 to Feb 2025 about healthcare, health, insurance, services, private, housing, PPI, industry, inflation, price index, indexes, price, and USA.
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Graph and download economic data for Personal consumption expenditures: Services: Health care (chain-type price index) (DHLCRG3Q086SBEA) from Q1 1947 to Q4 2024 about chained, health, PCE, consumption expenditures, consumption, personal, services, GDP, price index, indexes, price, and USA.
The inflation rate for health in the Republic of Ireland in December 2024 was 1.3 percent, unchanged from the previous month.
The inflation rate in the health sector of the United Kingdom was 5.6 percent in the fourth quarter of 2024, which was above the overall inflation rate for that quarter.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Medical Care in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SAM) from Jan 1947 to Feb 2025 about medical, CT, NJ, New York, PA, NY, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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Consumer Price Index (CPI): Healthcare & Medical Service: Shandong: Zibo data was reported at 100.500 Prev Year=100 in 2023. This records an increase from the previous number of 99.900 Prev Year=100 for 2022. Consumer Price Index (CPI): Healthcare & Medical Service: Shandong: Zibo data is updated yearly, averaging 101.550 Prev Year=100 from Dec 2014 (Median) to 2023, with 10 observations. The data reached an all-time high of 107.100 Prev Year=100 in 2017 and a record low of 99.400 Prev Year=100 in 2021. Consumer Price Index (CPI): Healthcare & Medical Service: Shandong: Zibo data remains active status in CEIC and is reported by Zibo Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IAC: Consumer Price Index: Prefecture Level City: Healthcare & Medical Service.
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Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data was reported at 104.270 2018=100 in Feb 2020. This records an increase from the previous number of 102.220 2018=100 for Jan 2020. Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data is updated monthly, averaging 102.185 2018=100 from Jan 2018 (Median) to Feb 2020, with 26 observations. The data reached an all-time high of 105.020 2018=100 in Jun 2019 and a record low of 98.580 2018=100 in Apr 2018. Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I001: Consumer Price Index: by COICOP: 2018=100.
In the fourth quarter of 2024, the Consumer Price Index for health products and services in the United Kingdom was 136.6, indicating that, compared with 2015, prices in this sector have increased by 36.6 percent, compared with 35.2 percent for overall prices.
Between 2018 and 2022, Saudi Arabia observed net inflation of medical costs at the rate of 7.8 percent, which was the highest among the Gulf Cooperation Council (GCC) countries. The lowest net inflation rate was reported in Bahrain at 1.8 percent.
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Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Jiayuguan data was reported at 100.036 Prev Year=100 in 2023. This records an increase from the previous number of 100.030 Prev Year=100 for 2022. Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Jiayuguan data is updated yearly, averaging 100.857 Prev Year=100 from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 109.101 Prev Year=100 in 2018 and a record low of 100.030 Prev Year=100 in 2022. Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Jiayuguan data remains active status in CEIC and is reported by Jiayuguan Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IAC: Consumer Price Index: Prefecture Level City: Healthcare & Medical Service.
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This study examines the impact of U.S. health policies on out-of-pocket healthcare expenditures, revealing that certain policies are notably more effective in reducing costs for individuals. The regression model explains 99.5% of the variation in out-of-pocket expenses (R² = 0.995). Key findings show the Inflation Reduction Act (IRA) as the most impactful, reducing costs by $0.43 per unit (β = -0.426, p = 0.007), followed by COVID-19 Response and Health Policy Changes (CRHPC), which reduces costs by $0.16 (β = -0.162, p = 0.019). Government Expenditure on Health, however, has a positive impact, increasing out-of-pocket spending by $0.69 per dollar spent (β = 0.695, p = 0.001), suggesting inefficiencies. Inflation also drives costs up, with each 1% increase resulting in an additional $0.02 out-of-pocket (β = 0.017, p = 0.032). The findings recommend focusing on high-impact policies like the IRA and CRHPC, while reevaluating lower-impact programs to optimize resource allocation and control healthcare inflation.
In 2024, the inflation rate of the healthcare sector in Latvia was 6 percent. The highest change in the consumer price index (CPI) for the healthcare sector was recorded in 2023 at 9.5 percent.
In August 2024, the consumer price index for health and personal in Brazil increased by 0.25 percent compared to the previous month. With 1.49 percent, April was the month of 2023 with the largest month-to-month variation in the CPI.
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Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Tianshui data was reported at 103.691 Prev Year=100 in 2023. This records an increase from the previous number of 99.716 Prev Year=100 for 2022. Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Tianshui data is updated yearly, averaging 102.607 Prev Year=100 from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 113.846 Prev Year=100 in 2018 and a record low of 99.700 Prev Year=100 in 2021. Consumer Price Index (CPI): Healthcare & Medical Service: Gansu: Tianshui data remains active status in CEIC and is reported by Tianshui Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IAC: Consumer Price Index: Prefecture Level City: Healthcare & Medical Service.
The annual price of medical care in the U.S. decreased by one percent in the past 12 months which ended in August 2023, a significant decrease from the previous year. Over the provided time interval, medical care costs increased at an average inflation rate of 3.5 percent. This statistic shows the annual inflation rate of medical care prices in the U.S. from 2000 to 2023.