Pharmaceutical and Other Medical Products Expenditures Price Index

Observations

2021: 98.31

Updated: Jan 5, 2024 2:58 PM CST

Units:

Index 2017=100,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Pharmaceutical and Other Medical Products Expenditures Price Index	2015-08-12	2023-12-27

Source

U.S. Bureau of Economic Analysis	2015-08-12	2023-12-27

Release

Health Care Satellite Account	2015-08-12	2023-12-27

Units

Index 2009=100	2015-08-12	2023-12-26
Index 2017=100	2023-12-27	2023-12-27

Frequency

Annual	2015-08-12	2023-12-27

Seasonal Adjustment

Not Seasonally Adjusted	2015-08-12	2023-12-27

Notes

As stated by the source, the Health Care Satellite Account presents two versions of the accounts. One version uses data from the Medical Expenditure Panel Survey (MEPS) - referred to as the "MEPS Account" - which is the only nationally representative survey that contains detailed expenditure information by disease. Due to the relatively small sample size the MEPS Account produces more volatile estimates across years. To address this issue, BEA presents a second version of the satellite account - referred to as the "Blended Account" - which blends together data from multiple sources, including large claims databases that cover millions of enrollees and billions of claims. The key difference is that the MEPS Account and Blended Account use different methodologies and data sources to allocate expenditures across different diseases within the medical services by disease category. For more information see http://www.bea.gov/national/health_care_satellite_account.htm	2015-08-12	2023-12-27