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EVER WONDER WHY YOU’VE BEEN CHARGING THE SAME AMOUNT ALL THESE YEARS?

SOME FOLKS STILL REMEMBER 29-cent gasoline and five-cent candy bars. It hasn’t been very long since 3 lbs of hamburgers sold for a dollar. The same house that changed hands for $30,000 in 1970 could sell for over $150,000 today. This theme of rising prices applies to the world of healthcare as well. Since 1980, annual dental fees have increased more than 130%. Similarly, average patient out-of-pocket spending has increased 10x. Yet, for some reason, eye exam fees have remained stagnant at $50-$100. Did dental exams become more critical than eye exams? We don’t think so! The true culprit in this scenario is inflation, which has silently weakened eye exam fees over the years.

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2 COMMENTS

  1. The key is “EXAM” optometry’s growth and sustainability is linked not to examination but TREATMENT. The numbers related to treatment of refractive error I would estimate stand up to inflation much better (example: glasses and contact lenses). If Optometric offices are to survive the next couple decades they will need to find a way to expand treatment services or win the materials battle for refreactive error.

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