| Appendix II | |||||||||||
| SJMC Doctor's Fee Increases Compared to Inflation Rate (1992-2002) | |||||||||||
| Financial Year | Fee Increases | ||||||||||
| Doctors | Hospital | ||||||||||
| Note | |||||||||||
| 1993 | 20.0% | Procedures and Consultations | 5.0% | ||||||||
| 1994 | 2.0% | Procedures and Consultations | 1.5% | ||||||||
| 1995 | 1.5% | All procedures | 2.0% | ||||||||
| 1996 | 4.0% | Procedures and Consultations | 4.0% | ||||||||
| 1997 | 1.0% | Procedures and Consultations | 0.0% | ||||||||
| 1998 | 0.0% | 3.0% | |||||||||
| Compounded from 1994 | 8.7% | 10.9% | |||||||||
| Credit Card Compensation | 1.0% | ||||||||||
| Nett Increase | 7.7% | ||||||||||
| Av. Inc. Over 11 yrs. | 0.67% | ||||||||||
| Year | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 |
| CPI Increase Over Prev Yr | 4.7% | 3.6% | 3.7% | 3.4% | 3.5% | 2.7% | 5.3% | 2.8% | 1.6% | 1.4% | 1.8% |
| CPI Compared to Prev Yr | 104.7% | 103.6% | 103.7% | 103.4% | 103.5% | 102.7% | 105.3% | 102.8% | 101.6% | 101.4% | 101.8% |
| CPI Compared to 1991 | 104.7% | 108.5% | 112.5% | 116.3% | 120.4% | 123.6% | 130.2% | 133.8% | 136.0% | 137.9% | 140.4% |
| % "Behind" Inflation | Source: Malaysian Department of Statistics | 30.4% | |||||||||
| Assumed CPI inc. p.a. | 2% | 3% | 3.130% | 4% | 5% | 6% | 7% | 8% | |||
| Inflation over 11 yr | 24.3% | 38.4% | 40.4% | 53.9% | 71.0% | 89.8% | 110.5% | 133.2% | |||
| % "behind" inflation | 15.5% | 28.6% | 30.4% | 43.0% | 58.8% | 76.3% | 95.5% | 116.6% | |||
| Extra p.a. inc. to match inflation | 1.317% | 2.310% | 2.439% | 3.304% | 4.297% | 5.290% | 6.283% | 7.277% | |||
| Therefore, a fee increase of 30.4 % is, in fact, only equivalent to a yearly increase of 2.44 % | |||||||||||
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Created:- 22 Feb 2003
Last Updated:- 22 Feb 2003