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Week in Washington
A few notes and data points from this week
It was quiet this week in Washington. Most energy was focused on a continuing budget resolution and a Postal Service bill. There has been no major movements on health care related items including the revival of Build Back Better.
COVID cases and hospitalizations continued to decline. As you can see below, hospitalization rates have dramatically declined in recent weeks. Cases were down about 40% this week compared to last week.
January inflation data was also released this week. The new data showed inflation reached the highest levels seen in nearly 40 years. An important note is that most of inflation increases have centered on durable goods (cars, food, etc.) and not services. However, there is some evidence that inflation may be increasing in services (h/t Jason Furman).
Fascinating data from Kaiser Family Foundation on telehealth. They found in 2021 telehealth represented about 8% of outpatient claims. Younger enrollees were far more likely to use telehealth than older enrollees.
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