Professional liability insurance for Other Ambulatory Health Care Services, All Establishments, Employer Firms
EXPPLI6219ALLESTEF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
502.00
Year-over-Year Change
26.45%
Date Range
1/1/2007 - 1/1/2022
Summary
This economic trend measures the professional liability insurance costs for other ambulatory health care service providers, a key indicator of the financial health and risk profile of this sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The professional liability insurance expense for other ambulatory health care services, including medical laboratories, diagnostic imaging centers, and outpatient care centers, provides insight into the operating costs and risk environment facing these establishments. This metric is closely watched by industry analysts and policymakers.
Methodology
The data is collected through surveys of employer firms in this industry.
Historical Context
Monitoring this trend helps assess the cost pressures and market dynamics impacting the broader health care system.
Key Facts
- Professional liability insurance is a major operating cost for ambulatory health care providers.
- Trends in this metric can indicate changes in the risk profile or competitive landscape of the industry.
- Rising insurance costs may get passed on to consumers through higher health care prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the professional liability insurance costs for other ambulatory health care service providers, including medical labs, diagnostic imaging centers, and outpatient care facilities.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric provides insights into the operating costs and risk environment facing the broader ambulatory health care industry, which is crucial for assessing market dynamics and cost pressures in the health care system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the other ambulatory health care services industry.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts closely follow this trend to understand the cost pressures and market conditions impacting the health care sector, which can inform policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the collecting agency, and there may be lags in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Professional liability insurance for Other Ambulatory Health Care Services, All Establishments, Employer Firms (EXPPLI6219ALLESTEF), retrieved from FRED.