Table 1. Personal Health Care Expenditures in Current and Constant Dollars and Associated Price Indexes, by Type of Expenditure: Selected Years 1960-94.
| Type of Expenditure | 1960 | 1970 | 1975 | 1980 | 1985 | 1990 | 1991 | 1992 | 1993 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Dollars in Billions | ||||||||||
| Personal Health Care | $23.6 | $63.8 | $114.5 | $217.0 | $376.4 | $614.7 | $676.2 | $739.8 | $786.5 | $831.7 |
| Hospital Care | 9.3 | 28.0 | 52.6 | 102.7 | 168.3 | 256.4 | 282.3 | 305.3 | 324.2 | 338.5 |
| Physician Services | 5.3 | 13.6 | 23.9 | 45.2 | 83.6 | 146.3 | 158.6 | 174.7 | 181.1 | 189.4 |
| Dental Services | 2.0 | 4.7 | 8.0 | 13.3 | 21.7 | 31.6 | 33.3 | 37.0 | 39.2 | 42.2 |
| Other Professional Services and Home Health Care | 0.7 | 1.6 | 3.4 | 8.7 | 22.3 | 47.8 | 54.3 | 61.7 | 69.3 | 75.8 |
| Drugs and Other Medical Non-Durables | 4.2 | 8.8 | 13.0 | 21.6 | 37.1 | 59.9 | 65.6 | 71.3 | 75.2 | 78.6 |
| Vision Products and Other Medical Durables | 0.6 | 1.6 | 2.5 | 3.8 | 6.7 | 10.5 | 11.2 | 11.9 | 12.6 | 13.1 |
| Nursing Home Care | 0.8 | 4.2 | 8.7 | 17.6 | 30.7 | 50.9 | 57.2 | 62.3 | 67.0 | 72.3 |
| Other Personal Health Care | 0.7 | 1.3 | 2.5 | 4.0 | 6.1 | 11.2 | 13.6 | 15.6 | 17.8 | 21.8 |
| Price Indexes1 | ||||||||||
| Hospital Care | 11.60 | 19.32 | 28.42 | 44.27 | 71.74 | 91.40 | 95.79 | 100.00 | 104.50 | 108.26 |
| Physician Services | 12.06 | 19.02 | 26.54 | 42.20 | 62.49 | 88.75 | 94.07 | 100.00 | 105.60 | 110.25 |
| Dental Services | 15.09 | 21.93 | 29.76 | 44.15 | 63.95 | 87.18 | 93.72 | 100.00 | 105.30 | 110.35 |
| Other Professional Services and Home Health Care | 13.51 | 21.05 | 28.93 | 44.32 | 64.65 | 88.75 | 94.25 | 100.00 | 105.10 | 109.62 |
| Drugs and Other Medical Non-Durables | 24.90 | 24.66 | 28.31 | 40.06 | 61.17 | 86.86 | 93.98 | 100.00 | 103.70 | 106.71 |
| Vision Products and Other Medical Durables | 22.41 | 29.89 | 39.40 | 55.81 | 75.06 | 92.46 | 96.06 | 100.00 | 102.70 | 104.75 |
| Nursing Home Care | 15.35 | 24.62 | 34.77 | 52.20 | 71.78 | 91.57 | 96.04 | 100.00 | 104.12 | 107.87 |
| Other Personal Health Care | 11.71 | 17.86 | 24.97 | 39.38 | 59.70 | 85.66 | 93.11 | 100.00 | 106.00 | 111.09 |
| Constant (1992) Dollars in Billions | ||||||||||
| Personal Health Care | $173.1 | $310.9 | $400.7 | $493.8 | $559.3 | $684.5 | $712.2 | $739.8 | $750.9 | $764.6 |
| Hospital Care | 80.0 | 144.9 | 185.0 | 232.0 | 234.6 | 280.6 | 294.7 | 305.3 | 310.3 | 312.7 |
| Physician Services | 43.8 | 71.4 | 90.1 | 107.2 | 133.8 | 164.9 | 168.6 | 174.7 | 171.5 | 171.8 |
| Dental Services | 13.0 | 21.3 | 26.7 | 30.2 | 33.9 | 36.2 | 35.6 | 37.0 | 37.3 | 38.2 |
| Other Professional Services and Home Health Care | 4.9 | 7.7 | 11.6 | 19.7 | 34.5 | 53.8 | 57.6 | 61.7 | 65.9 | 69.1 |
| Drugs and Other Medical Non-Durables | 17.1 | 35.7 | 46.0 | 54.0 | 60.6 | 69.0 | 69.8 | 71.3 | 72.5 | 73.6 |
| Vision Products and Other Medical Durables | 2.9 | 5.4 | 6.5 | 6.8 | 9.0 | 11.3 | 11.6 | 11.9 | 12.2 | 12.5 |
| Nursing Home Care | 5.5 | 17.1 | 24.9 | 33.8 | 42.7 | 55.6 | 59.5 | 62.3 | 64.4 | 67.0 |
| Other Personal Health Care | 5.9 | 7.3 | 9.9 | 10.2 | 10.2 | 13.1 | 14.6 | 15.6 | 16.8 | 19.7 |
| Personal Health Care Price Indexes | ||||||||||
| Chain-Weighted Index | 13.89 | 20.55 | 28.56 | 43.87 | 67.34 | 89.81 | 94.95 | 100.00 | 104.74 | 108.77 |
| Fixed-Weight Index | 13.82 | 20.62 | 28.71 | 44.12 | 67.36 | 89.82 | 94.95 | 100.00 | 104.74 | 108.77 |
| Implicit Price Deflator | 13.65 | 20.53 | 28.58 | 43.95 | 67.31 | 89.79 | 94.95 | 100.00 | 104.74 | 108.77 |
| Growth from Previous Period | Average Annual Growth | |||||||||
| Based on Current Dollars | — | 10.5 | 12.4 | 13.6 | 11.6 | 10.3 | 10.0 | 9.4 | 6.3 | 5.7 |
| In Constant (1992) Dollars | — | 6.0 | 5.2 | 4.3 | 2.5 | 4.1 | 4.0 | 3.9 | 1.5 | 1.8 |
Each component of personal health care is deflated by a Laspeyres (fixed-weight) index, with a 1987 base year rescaled to 1992 to be consistent with the gross domestic product. Input prices from the Consumer Price Index (CPI) are used to deflate nominal expenditures for physician services, dental services, other professional services (including home health care), and vision products and other durable medical products. CPIs for medical care and medical care commodities are used as price proxies for other personal health care and other non-durables. Output or transaction prices measured historically by the Health Care Financing Administration's transaction price index and currently by the producer price index are used to deflate hospital care expenditures. The price proxy for nursing home care is the national nursing home input price index.
SOURCE: Health Care Financing Administration, Office of the Actuary: Data from the Office of National Health Statistics.