Medical care prices rise 4 percent over the year ending November 2016

December 19, 2016

Between November 2015 and November 2016, medical care prices increased 4.0 percent. Health insurance prices and prescription drug prices both increased 6.0 percent during this 12-month period. Medical care commodities and services make up about 8.5 percent of the total Consumer Price Index for All Urban Consumers (CPI-U) market basket. The CPI-U for all items rose 1.7 percent over the year ending November 2016.

Consumer price indexes for selected medical care items, November 2010 to November 2016
Month All items Medical care Prescription drugs Nonprescription drugs(1) Physicians' services Dental services Eyeglasses and eye care(1) Hospital services Nursing homes and adult day services Care of invalids and elderly at home(1) Health insurance(1)

Nov 2010

100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000

Dec 2010

100.402 100.249 100.288 99.921 100.108 99.980 99.909 100.660 100.206 99.709 99.487

Jan 2011

100.727 100.392 100.604 99.358 100.303 100.035 100.181 100.958 100.448 99.983 99.399

Feb 2011

101.051 100.760 101.034 99.231 101.252 100.066 100.590 101.410 100.739 100.318 99.764

Mar 2011

101.574 100.957 101.472 99.954 101.328 100.392 100.507 101.666 100.969 100.645 99.235

Apr 2011

102.051 101.316 102.109 100.541 101.390 100.634 100.728 102.367 101.074 100.770 99.254

May 2011

102.375 101.576 102.694 99.987 101.429 100.957 99.855 103.095 101.138 101.232 99.504

Jun 2011

102.375 101.753 102.627 99.584 101.517 101.010 100.069 103.431 101.376 101.504 99.648

Jul 2011

102.644 102.039 102.985 99.362 101.657 101.131 101.033 103.889 101.660 101.267 99.949

Aug 2011

102.967 102.255 103.185 98.831 101.934 101.320 101.052 104.606 101.910 101.405 100.224

Sep 2011

103.191 102.463 103.511 98.856 101.975 101.546 101.255 104.809 102.290 101.375 101.077

Oct 2011

103.261 102.938 103.811 99.150 102.448 101.755 101.278 105.565 102.508 101.378 102.697

Nov 2011

103.451 103.367 104.047 99.888 102.598 102.029 100.693 106.271 102.805 101.502 104.273

Dec 2011

103.476 103.744 104.432 100.036 102.780 102.213 100.602 106.520 103.165 101.611 105.516

Jan 2012

103.766 104.038 104.787 99.588 102.717 102.360 101.013 106.807 103.636 101.872 107.369

Feb 2012

104.002 104.186 105.388 99.099 102.622 102.490 101.136 106.829 104.135 101.866 109.087

Mar 2012

104.237 104.486 105.731 100.102 102.673 102.572 101.037 106.969 104.291 101.892 110.490

Apr 2012

104.416 104.818 105.916 99.837 102.768 102.659 101.606 107.633 104.646 102.047 111.569

May 2012

104.159 105.221 106.103 100.327 103.117 102.852 103.126 108.281 104.953 102.134 112.413

Jun 2012

104.060 105.771 106.199 100.438 103.709 103.128 102.612 109.378 105.292 102.385 113.517

Jul 2012

104.046 106.213 106.941 100.755 104.118 103.228 101.849 109.808 105.603 102.407 114.488

Aug 2012

104.670 106.385 107.238 100.766 104.482 103.800 101.695 109.531 105.831 102.510 115.038

Sep 2012

105.190 106.637 107.357 100.612 104.934 104.004 101.337 110.049 106.071 102.515 115.658

Oct 2012

105.494 106.730 107.503 100.474 104.890 104.355 101.373 110.247 106.426 102.585 115.755

Nov 2012

105.323 106.864 106.924 100.759 104.911 104.585 101.008 110.995 106.615 102.555 115.985

Dec 2012

105.320 107.047 106.395 100.696 104.793 105.093 100.909 111.757 106.879 102.561 116.013

Jan 2013

105.488 107.275 106.493 100.352 104.989 105.433 101.309 111.810 107.117 102.802 116.601

Feb 2013

106.109 107.462 106.190 99.774 105.242 105.809 101.695 112.599 107.198 102.813 117.480

Mar 2013

105.794 107.739 106.505 99.997 105.332 106.343 101.827 112.930 107.724 102.965 117.704

Apr 2013

105.586 107.721 106.586 100.677 105.548 106.490 102.205 112.245 107.868 103.064 117.485

May 2013

105.604 107.553 106.033 100.601 105.588 106.612 101.977 112.399 108.244 102.696 117.199

Jun 2013

105.814 108.030 106.266 100.895 105.985 106.881 101.930 113.246 108.428 102.758 117.646

Jul 2013

105.993 108.250 106.748 100.779 105.895 107.221 102.469 113.548 108.742 102.758 117.732

Aug 2013

106.220 108.874 107.370 99.976 106.032 107.339 102.325 115.760 108.934 102.843 118.386

Sep 2013

106.399 109.177 107.754 100.194 106.176 107.615 102.821 116.504 108.889 102.881 118.492

Oct 2013

106.471 109.206 108.087 100.765 106.395 107.767 102.448 116.186 109.205 102.876 118.000

Nov 2013

106.658 109.160 108.221 100.269 106.461 108.004 101.857 115.929 109.873 102.897 117.481

Dec 2013

106.948 109.177 107.280 99.386 106.697 108.112 102.072 116.433 110.092 102.911 117.029

Jan 2014

107.216 109.565 108.001 99.330 106.648 108.334 102.423 117.162 109.894 103.078 117.223

Feb 2014

107.300 109.914 108.932 99.015 106.643 108.480 103.246 117.942 110.462 104.051 117.663

Mar 2014

107.426 110.111 108.738 99.097 106.838 108.672 103.398 118.658 110.798 104.507 117.439

Apr 2014

107.698 110.328 109.209 99.681 106.990 108.784 103.404 119.056 111.058 104.391 117.258

May 2014

107.839 110.594 109.822 99.821 107.426 109.005 104.542 119.484 111.133 104.438 117.073

Jun 2014

107.936 110.848 110.584 99.844 107.148 109.173 104.400 119.855 111.342 104.438 116.826

Jul 2014

108.046 111.070 111.162 100.043 107.038 109.283 103.883 120.374 111.543 104.489 116.615

Aug 2014

108.003 111.162 111.250 99.371 107.626 109.506 103.862 120.474 112.065 104.224 116.255

Sep 2014

108.161 111.363 111.798 100.831 107.667 109.735 103.987 120.756 112.452 104.321 116.136

Oct 2014

108.225 111.486 112.515 98.664 107.772 109.925 103.880 121.014 112.732 104.211 116.140

Nov 2014

108.047 111.866 113.155 98.831 108.085 110.096 104.539 121.336 113.091 104.361 116.285

Dec 2014

107.684 112.390 114.145 99.218 108.185 110.118 104.678 122.123 113.284 104.773 116.400

Jan 2015

106.997 112.466 114.055 98.268 108.417 110.668 103.828 122.199 113.632 104.954 116.605

Feb 2015

107.207 112.482 114.597 99.201 107.930 111.055 103.950 122.124 113.813 104.272 116.770

Mar 2015

107.409 112.834 114.994 98.819 108.679 111.133 103.656 122.691 113.994 104.475 117.001

Apr 2015

107.563 113.525 115.310 99.108 108.986 111.493 103.511 124.740 114.298 104.475 117.902

May 2015

107.872 113.713 115.663 99.167 109.112 111.670 104.093 125.359 114.688 105.181 117.985

Jun 2015

108.121 113.621 115.887 98.202 109.377 111.911 104.376 124.252 115.092 105.360 117.594

Jul 2015

108.263 113.838 116.079 98.844 109.687 112.226 103.773 124.362 115.273 105.408 117.668

Aug 2015

108.249 113.926 116.449 98.672 109.555 112.427 103.487 124.631 115.678 105.513 117.446

Sep 2015

108.151 114.105 116.496 98.784 109.858 112.593 103.933 124.890 115.969 105.685 118.153

Oct 2015

108.361 114.815 116.645 98.835 109.843 112.694 104.198 127.381 116.247 105.839 119.611

Nov 2015

108.521 115.146 117.027 98.607 110.953 113.187 103.643 127.090 116.599 106.094 120.468

Dec 2015

108.402 115.274 116.912 97.973 110.741 113.274 104.067 127.254 116.942 106.615 120.854

Jan 2016

108.433 115.831 117.451 97.597 110.859 113.640 105.083 127.799 117.085 107.148 122.156

Feb 2016

108.250 116.422 118.550 97.400 111.172 114.569 104.887 128.393 117.453 107.621 123.743

Mar 2016

108.347 116.545 119.111 97.240 111.411 114.276 105.351 128.191 117.934 107.310 124.255

Apr 2016

108.789 116.913 119.913 97.654 111.319 115.053 106.071 128.569 118.553 107.388 124.734

May 2016

109.023 117.274 119.223 97.920 112.413 115.184 106.452 129.415 118.886 107.396 125.386

Jun 2016

109.252 117.643 120.355 97.751 112.700 114.942 106.054 129.550 119.171 107.747 125.829

Jul 2016

109.208 118.271 121.548 97.218 113.459 114.991 105.748 130.072 119.384 107.809 126.726

Aug 2016

109.432 119.505 123.611 97.433 114.277 115.560 105.454 132.325 119.980 107.636 128.119

Sep 2016

109.751 119.687 124.611 98.229 114.334 115.852 105.474 132.349 120.234 107.885 128.041

Oct 2016

110.143 119.707 124.818 97.477 114.263 116.004 105.359 132.622 120.499 108.366 127.899

Nov 2016

110.364 119.728 124.020 97.315 114.998 116.192 105.478 132.539 120.757 108.026 127.755
Footnotes:

(1) Not seasonally adjusted.

From November 2010 to November 2016, medical care prices have increased 19.7 percent, driven by increases in the prices of hospital services (+32.5 percent), health insurance (+27.8 percent), and prescription drugs (+24.0 percent). Only the prices of nonprescription drugs have fallen over this 6-year period, declining 2.7 percent. Comparatively, the CPI-U for all items has increased 10.4 percent over the same period.  

These data are from the Consumer Price Index program and are seasonally adjusted unless otherwise noted. For more information, see "Consumer Price Index — November 2016" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Medical care prices rise 4 percent over the year ending November 2016 on the Internet at https://www.bls.gov/opub/ted/2016/medical-care-prices-rise-4-percent-over-the-year-ending-november-2016.htm (visited July 22, 2017).

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