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Source: U.S. Bureau of Economic Analysis
Release: Health Care Satellite Account
Units: Billions of U.S. Dollars, Not Seasonally Adjusted
Frequency: Annual
As stated by the source, the Health Care Satellite Account presents two versions of the accounts. One version uses data from the Medical Expenditure Panel Survey (MEPS) - referred to as the "MEPS Account" - which is the only nationally representative survey that contains detailed expenditure information by disease. Due to the relatively small sample size the MEPS Account produces more volatile estimates across years. To address this issue, BEA presents a second version of the satellite account - referred to as the "Blended Account" - which blends together data from multiple sources, including large claims databases that cover millions of enrollees and billions of claims. The key difference is that the MEPS Account and Blended Account use different methodologies and data sources to allocate expenditures across different diseases within the medical services by disease category.
For more information see http://www.bea.gov/national/health_care_satellite_account.htm
U.S. Bureau of Economic Analysis, Health Services Expenditures [HLTHSEEXPHCSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HLTHSEEXPHCSA, .
Source: U.S. Bureau of Economic Analysis
Release: Personal Income and Outlays
Units: Billions of Dollars, Seasonally Adjusted Annual Rate
Frequency: Monthly
BEA Account Code: W824RC
Medicare benefits include hospital and supplementary medical insurance benefits that are distributed from the federal hospital insurance trust fund and the supplementary medical insurance trust fund.
A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)
U.S. Bureau of Economic Analysis, Personal current transfer receipts: Government social benefits to persons: Medicare [W824RC1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/W824RC1, .
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