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National Health Expenditure Analysis

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Examine the trends in expenditures for the service categories presented in the table. What is the magnitude and direction of spending changes within and across each of these categories: the percentage of GDP spent on NHE and the NHE per capita.
What can you say about how the price of medical care services changes? As you think about what you might say, realize that the figures have been adjusted for inflation. Also, assume that not all increases in healthcare costs are caused by increases in utilization.
Examine the rates of growth in the service categories (except the category "other"). What trends do you see in the mix of healthcare services used by the US public? What factors might contribute to these trends?
Support your responses with examples.

Cite any sources in APA format.

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Solution Summary

Medical care is one of the eight groups in the Consumer Price Index ( CPI). There are two medical care classifications, medical care commodities ( MCC) and medical care services ( MCS), each has several items categories (strata). The four medical care categories are prescription drugs, professional services, hospitals services and health insurance, which generate the most interest.
The medicare care services (MCS) include three expenditures categories:
Professional services; hospital and releated services; and health insurance

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National Health Expenditure Analysis
http://vizedhtmlcontent.next.ecollege.com/pub/content/3c190805-0bf6-4c9c-a78d-41791cca30a3/SU_HCM3002_W1_A3.pdf
Examine the trends in expenditures for the service categories presented in the table. What is the magnitude and direction of spending changes within and across each of these categories: the percentage of GDP spent on NHE and the NHE per capita.
What can you say about how the price of medical care services changes? As you think about what you might say, realize that the figures have been adjusted for inflation. Also, assume that not all increases in healthcare costs are caused by increases in utilization.

Medical care is one of the eight groups in the Consumer Price Index ( CPI). There are two medical care classifications, medical care commodities ( MCC) and medical care services ( MCS), each has several items categories (strata). The four medical care categories are prescription drugs, professional services, hospitals services and health insurance, which generate the most interest.
The medicare care services (MCS) include three expenditures ...

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