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Physician fee indices in California and the U.S. through June 1971

    California Medicine
    |March 1, 1972
    PubMed

    Insights

    California physicians' fees rose 2.2% in early 1971, slower than the national rate of 3.4%. This marks the slowest semi-annual increase for California physician fees since late 1968.

    Area of Science:

    • Health Economics
    • Medical Economics
    • Public Health Policy

    Background:

    • Physician fees are a significant component of healthcare costs.
    • Monitoring fee trends is crucial for understanding healthcare affordability and accessibility.
    • Previous data indicated varying rates of increase in medical costs.

    Purpose of the Study:

    • To report on the trends in California physicians' fees during the first half of 1971.
    • To compare California's physician fee increases with national trends.
    • To provide data on physician charging patterns and regional fee variations.

    Main Methods:

    • Utilized data from the California Physician Fee Index, a survey conducted since 1962.
    • Collected fee information from approximately 1,000 randomly selected physicians.
    • Surveyed 26 medical, surgical, radiological, and laboratory procedures using updated nomenclature.

    Main Results:

    • California physicians' fees increased by 2.2% in the first half of 1971.
    • This rate was slower than the national physician fee increase of 3.4% during the same period.
    • The overall rate of price increase for goods and services also declined nationally.

    Conclusions:

    • Physician fee inflation in California moderated in early 1971 compared to national trends.
    • The observed slowdown in fee increases is a positive indicator for healthcare cost containment.
    • Continued monitoring of physician fees is essential for economic analysis in healthcare.

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