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Today is Thursday, March 11, 2010


Weakening economy blamed for drop in eye surgeries

The health care markets are working as demand for eye surgeries falls as the economy weakens, the NY Times reports.

Key graphs:

“We’re forecasting a 17 percent drop for 2008,” said David Harmon, president of Market Scope, an eye surgery market research house.

Mr. Harmon said that when first-quarter data becomes available next month, he expects it to show an even sharper decline in Lasik surgeries than in 2001. That time around, the sour economy led to a three-year slump in the laser procedures, which are typically not covered by insurance.

Lasik — for laser-assisted in situ keratomileusis — typically costs anywhere from $800 to $3,000 or more per eye.

 

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