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.

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 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.

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.

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.

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.

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.

This statistic displays the inflation rate of health services and goods in Belgium from January 2018 to January 2025. In January 2025, the inflation rate for health services and goods was 1.83 percent, which was 0.03 percentage points higher than the previous month.

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.

Graph and download economic data for Producer Price Index by Commodity: Health Care Services: Hospital Outpatient Care (WPS511104) from Dec 2008 to Feb 2025 about healthcare, hospitals, medical, health, services, commodities, PPI, inflation, price index, indexes, price, and USA.

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 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.

Demographic trends play a major role in shaping the healthcare landscape, as economic factors and an aging population contribute to fast-rising healthcare spending. While consumers are spending more on healthcare services in the US, healthcare providers are confronting complex challenges related to labor, competition and tech advances. The COVID-19 pandemic exposed healthcare and social assistance providers to unprecedented financial and operational pressures, with the lasting impacts still shaping every corner of the sector in 2024. Providers continue to grapple with workforce shortages intensified by the pandemic, resulting in ongoing staffing and recruitment challenges that pressure wage growth and new strategies to recruit and retain. At the same time, consolidation activity is reshaping the healthcare landscape, with more patients than ever receiving care from massive, integrated health systems rather than independent ones. Meanwhile, social assistance providers are finding it difficult to meet rising demand. Despite this challenging operating environment, revenue has been expanding at a CAGR of 3.1% to an estimated $4.1 trillion over the past five years, with revenue rising an expected 3.2% in 2025. Healthcare and social assistance providers are struggling to address staffing challenges. The pandemic exacerbated existing staffing shortages, as the physical and mental toll of the pandemic pushed some to leave the sector entirely. Persistent labor shortages jeopardize healthcare and social assistance providers' ability to address demand, creating widespread staff burnout, high turnover rates and wage inflation. While the health sector labor market began stabilizing in 2024, alleviating wage pressures, an undersized workforce still leaves hundreds of thousands of jobs open. Statewide and federal initiatives have been enacted to direct investment into building a more robust workforce. Demographic trends will continue to be the driving force behind rising healthcare spending moving forward. However, increasing demand and elevated costs will pressure healthcare and social assistance providers to shift how they operate. Some regulatory measures, like the Inflation Reduction Act, could mitigate rising costs in some areas, specifically pharmaceuticals. Consolidation activity will ramp up as smaller providers join larger health groups to secure larger insurer reimbursements through negotiating power. Digital tools and telehealth will become central in healthcare delivery because of their ability to lower costs, increase capacity, bridge health inequities and improve patient outcomes. In all, sector revenue will grow at a CAGR of 2.6% to reach an estimated $4.7 trillion over the next five years.

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.

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.

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.

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.

The inflation rate for health in the Republic of Ireland in December 2024 was 1.3 percent, unchanged from the previous month.

Graph and download economic data for Producer Price Index by Commodity: Construction (Partial): New Health Care Building Construction (WPU801105) from Jun 2012 to Feb 2025 about healthcare, health, buildings, construction, new, commodities, PPI, inflation, price index, indexes, price, and USA.

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.