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The Cost of Medical Services from the 1950s to Today
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Oct 30, 2023 17:55:00   #
fetzler Loc: North West PA
 
bobbyjohn wrote:
The Cost of Medical Services – 1950s to Today

I was a young child in the 1950s, during which time we had a family doctor, a general practitioner by the name of Dr. Julius Westheimer (he had a German accent) whose office was an apartment on the bottom floor of a 3-story apartment building on Metropolitan Ave in Queens, NY. He had no nurse, no receptionist. And oh, BTW, he even signed my birth certificate.

Whenever we needed the doctor’s services for basic illnesses (like the flu, sore throat, etc.) our options were either to go to his office and the cost of the visit was $5.00 … or … he would drive to our house and the cost of that was $10.00. He’d have with him his little black bag of medical supplies, like thermometer, BP, syringes and associated injectable stuff, all of which were included in the basic charge. Sometimes he had a supply of the oral meds in his black bag to give us, other times, he’d have to write a prescription. We all survived. When is the last time you had a doctor who made house calls?

In those days, no medical insurance. But compare such out-of-pocket costs from the 1950s to the 2020s … I’d gladly go back to the way doctors and hospitals charged in those days.
The Cost of Medical Services – 1950s to Today br ... (show quote)


$10.00 in 1950 would be about $128 today. Most customers back then paid cash thus there was no need to have a staff to take care of insurance paper work. Doctors back then could do free work for poor people and barter for services. This is illegal today. Even today doctors have sample medication which they distribute to needy patients for free.

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Oct 30, 2023 18:37:07   #
sippyjug104 Loc: Missouri
 
Prices today have skyrocketed compared to when I was a lad in the '50s. I'd go to the store with $0.25 in my pocket and come home with more candy than I could eat in a week. I can't do that today because there are too many security cameras watching me.

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Oct 30, 2023 18:43:48   #
NDMarks Loc: Dublin, Ca
 
My only question to the person with the quarter in their pocket - why did you need the quarter? I could have done the same thing with no money (and just hope my day didn't find out). However, as for the rise in medical costs, just remember the average lifespan has increased a lot since the "Good Old Days".

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Oct 30, 2023 21:03:09   #
KillroyII Loc: Middle Georgia
 
bobbyjohn wrote:
The Cost of Medical Services – 1950s to Today

I was a young child in the 1950s, during which time we had a family doctor, a general practitioner by the name of Dr. Julius Westheimer (he had a German accent) whose office was an apartment on the bottom floor of a 3-story apartment building on Metropolitan Ave in Queens, NY. He had no nurse, no receptionist. And oh, BTW, he even signed my birth certificate.

Whenever we needed the doctor’s services for basic illnesses (like the flu, sore throat, etc.) our options were either to go to his office and the cost of the visit was $5.00 … or … he would drive to our house and the cost of that was $10.00. He’d have with him his little black bag of medical supplies, like thermometer, BP, syringes and associated injectable stuff, all of which were included in the basic charge. Sometimes he had a supply of the oral meds in his black bag to give us, other times, he’d have to write a prescription. We all survived. When is the last time you had a doctor who made house calls?

In those days, no medical insurance. But compare such out-of-pocket costs from the 1950s to the 2020s … I’d gladly go back to the way doctors and hospitals charged in those days.
The Cost of Medical Services – 1950s to Today br ... (show quote)


In between the time of my birth and my young sister's birth



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Oct 30, 2023 22:52:39   #
StanMac Loc: Tennessee
 
cdayton wrote:
All these comparisons are meaningless without adjusting for inflation. I bought a nice 3 bedroom split level on a corner lot for $19.2K in 1963 but $6-7K was a decent income at that time. Then I bought a new Jag XKE roadster in 1968 for $5900 - should have kept it.


Regarding housing, prices are now much more than 3 times the average income which indicates wages/incomes are lagging in the inflationary trends.

Stan

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Oct 30, 2023 23:01:39   #
SteveR Loc: Michigan
 
markngolf wrote:
I have a retirement breakfast group who have been meeting weekly since 1997! When we first began, breakfast was around $6 - $7which included an extremely generous tip. We now pay around $20 -$23 including a very generous tip. Before the Pandemic (2018-2019), the cost was around $12 - $14. Our tip is around 20-25%. We eat at local diners in NJ.
Mark


Mark, it must be a NY, NJ thing. I just checked, a two egg breakfast with all that goes with it, at a diner in Texas is $12.99. You pay a premium to be a Yankee, apparently!!

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Oct 31, 2023 00:24:44   #
markngolf Loc: Bridgewater, NJ
 
SteveR wrote:
Mark, it must be a NY, NJ thing. I just checked, a two egg breakfast with all that goes with it, at a diner in Texas is $12.99. You pay a premium to be a Yankee, apparently!!


Perhaps we do. Add a 25% tip and tax and the total is not too much higher.

I lived in Texas for a year. I’ll take NJ!
Mark

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Oct 31, 2023 15:06:35   #
LestheK
 
I just got back from the dentists office. The cost of a root canal, $5,000. I gather that they have to pay for all the new equipment: super dooper x-ray machine, the 3D x-ray machine, and the electron microscope. I left without the root canal being done. My last root canal was done in Queens, NY by my dad's cousin, Dr. Murray Nebel. The cost, $10. He took a probe and tapped on my teeth until I told him which one hurt. Yes, it was many, many years ago.

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