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The Recent Rise in Health Care Inflation

Author

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  • Alexander, Diane

    () (Federal Reserve Bank of Chicago)

Abstract

Health care services inflation was consistently at or above 3% per year in the early 2000s, declined from around 3% at the end of the 2000s to under 1% in 2015, and then rebounded to just under 2% in early 2018. The low point in 2015 was a near-historical low, with health care services price growth bottoming out at a rate not seen since 1961.

Suggested Citation

  • Alexander, Diane, 2018. "The Recent Rise in Health Care Inflation," Chicago Fed Letter, Federal Reserve Bank of Chicago.
  • Handle: RePEc:fip:fedhle:00096
    DOI: 10.21033/cfl-2018-407
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    Keywords

    Health care; inflation; medicare;

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