• Curr Opin Ophthalmol · Jun 2004

    Review

    Dollars and sight: the economics of ophthalmology.

    • Lindsay M Smithen, Gary C Brown, and Melissa M Brown.
    • Center for Value-Based Medicine, 1107 Bethlehem Pike, Flourtown, PA 19031, USA. l_smithen@hotmail.com
    • Curr Opin Ophthalmol. 2004 Jun 1;15(3):173-80.

    Purpose Of ReviewThe purpose of this paper is to detail the economics of ophthalmology including trends in utilization, cost, and expenditure.Recent FindingsEye care accounts for $23.1 billion, or approximately 1.93% of total health care expenditures annually. In 1991, eye care service costs in those 65 years or older were $5.5 billion, comprising 4.7% of Medicare spending. By 1999, the cost of eye care services in the 65 or older group had increased to $6 billion, but comprised only 2.8% of Medicare spending.SummaryAlthough it is imperative that national health expenditure be controlled, ophthalmology has shouldered a disproportionate share of the cost cutting in recent years. When we consider the advances in ophthalmology and the contributions of ophthalmology to improved quality of life, the financial burden absorbed by ophthalmology is striking.

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