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/PRZOOM - Newswire/ -
Price Index Communications, publishers of HealthInflation News, released the 2007 Annual Report on Medical Care Inflation reporting Health Care five-year inflation for the U.S. City Average was 23.2%, but varied widely between metropolitan areas.
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Bozeman, MT, United States, 06/06/2007 Price Index Communications, publishers of HealthInflation News, released the 2007 Annual Report on Medical Care Inflation reporting Health Care inflation over the five years from 2002 through 2006.
Five-year inflation for key medical sectors were:
Hospital Care 38.4%
Dental Care 26.7%
Nursing Home Care 24.0%
Prescription Drugs 20.9%
Physician Care 15.1%
Health Care five-year inflation for the U.S. City Average was 23.2%, but varied widely between areas, from 31.7% in Cincinnati to 16.6% in Kansas City.
HealthInflation News also reports monthly updates on Annual Health Care Inflation. The May HealthInflation News report shows annual Health Care inflation in April 2007 was 4.0%. Annual inflation for key CPI medical sectors in April 2007 were:
Hospital Care 5.9%
Nursing Home Care 5.9%
Dental Care 4.6%
Physician Care 3.7%
Prescription Drugs 1.1%
Price Index Communications, publisher of HealthInflation News and the Annual Report on Health Care Inflation has reported Health Care inflation for the past fifteen years.
The U.S. Department of Labor cited HealthINFLATION News in its Annual Report on The Consumer Price Index as a noteworthy source of medical care inflaton data. HealthInflation News ...enables members of the medical community and related businesses to keep pace with the rapidly changing costs and trends in Health Care Inflation....in a format customized to meet the interests of insurance and pharmaceutical companies, HMO's, hospitals, managers of employee medical benefits plans, and others. Subscribers use the data to negotiate contracts, forecast medical costs, analyze medical markets, and follow inflation trends.
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