If you think of all the staff the doctor must pay, nurses, clerks, house maintenance and the like, plus the cost of malpractice insurance, equipment and supplies, building and office space lease or mortgage, and its insurance, then the costs become more clear................
I have a fair idea of where the cost comes from but I think it is still astounding that we have reached a point where eighty dollars for an office visit is not worth the doctor’s trouble. That is sixteen times what I used to pay in the sixties and back then no one ever said it wasn’t enough. I recall having a tooth pulled in 1970 and paying twelve dollars which was far too much according to one of my coworkers, he said he could have sent me to a dentist who would do it for eight. Of course at the time I was driving a 1968 model luxury automobile that cost me about $3500. new. I was earning around $150. a week and had plenty of money, living a single man lifestyle you could not live on $1500 a week now and maybe not on $2000 a week.
“If you think of all the staff the doctor must pay, nurses, clerks, house maintenance and the like, plus the cost of malpractice insurance, equipment and supplies, building and office space lease or mortgage, and its insurance, the costs become more clear................”
Did they practice in the street in the 50s ?
Government contractor insurance, pension retirement money piped into Government contractor insurance right into the Government Contractor Stock Market.