S&P Keeping Watch on Health Care Costs
December 17, 2010
Beginning in October 2010, once each month Standard & Poor’s, a division of McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds, now publishes a set of Healthcare Economic Indices. These indices are “designed to provide an independent, timely estimate of the rate of change in the total cost of healthcare in the United States.”
S&P Healthcare Economic Indices take some time to develop, meaning the figures for the 12-month period ending October 31, 2010, have just been released. The indices show that health care costs have risen 6.70% for that period, down from 7.32% for the 12-month period ending August 31, 2010.
Standard & Poor’s publishes an approximately 30-page introduction to their Healthcare Economic Indices. This introduction is available as a PDF by clicking here.
