Historical data · sourced snapshots

Healthcare Inflation History: Medical Care CPI

The medical care index covers physician and hospital services, health insurance, prescription drugs, and medical equipment. It is published monthly by the Bureau of Labor Statistics as part of CPI-U. Since 1971 it has risen faster than almost every other major category, multiplying more than sixteen times against roughly eight times for overall CPI.

Historical chart

1971 to 2026

The BLS medical care price index, covering services, insurance, drugs, and equipment, at decade snapshots.

Sourced snapshots Healthcare inflation
Medical care CPI index
Start35.91971
Latest592.92026
Change16.5xover the full range
Healthcare inflation: 1971 to 2026
PeriodValueContext
197135.9Medical care CPI snapshot
198074.9Medical cost inflation rises
1990162.8Insurance costs climb
2000260.8Managed-care era baseline
2010391.5Premium burden grows
2020520.2Family cost pressure
2026592.9Medical care CPI, 2026-08
Official sources linkedLatest point datedRounded valuesNot investment advice

What the numbers mean

Reading the healthcare inflation history

Medical inflation is unusual in that it rarely falls and is less sensitive to recessions than food or energy. The one notable exception was 2023, when a methodology change for health insurance briefly pulled the index down before it resumed climbing.

Related pages

Tuition inflation · Grocery inflation · How to read CPI

Sourced snapshots are rounded; the latest point is refreshed by a scheduled data update and carries its observation date. Methodology · Report a correction.

Questions

Healthcare inflation history FAQ

Why has healthcare inflation been so persistent?

An aging population, new treatments, administrative costs, and limited price competition all push in the same direction, and demand for care does not fall much when prices rise.

Does this measure what patients pay out of pocket?

It measures the prices of medical goods and services, with insurance premiums included as a separate component. It does not measure any one household’s bills.

Why did the index dip in 2023?

BLS changed how it estimates health insurance prices, which produced a temporary decline in that component. The underlying trend for services and drugs continued upward.