COLA for a crown at 4% …

When I became licensed to practice dentistry in Hawaii, it was 1986. The crown of preference was the PFM or Porcelain Fused to Metal in Gold of high precious metal content.  The contracted cost for this crown from a local insurance company ranged from $450 to 600 per unit … You would think that the cost of having dental insurance would keep up with the rate of living costs or roughly 4% … Try this math and then tell me why all the fuss about dentistry being so inflated … Add 4% for every year starting with $600 … $624 … $648.96 … catching on? Now make you way into the present, and how much should that $600 crown be?  Amazing huh , and we just bark about how much gas is today or the price of bottled water … Oh, you wanted to know the answer?  Well, for 2013, that $600 porcelain  CEREC crown will go for $1661.24 … and that’s not with GE Tax … Lucky you live Hawaii …