A short history of thyroid blood testing (from someone who spent 40 years doing just that)
Once Basal Metabolic Rate tests were abandoned (can't remember all the details, but involved putting the patient in a box and measuring oxygen in and CO2 out) the first worthwhile blood test looking at thyroid metabolism was Protein Bound Iodine, or PBI, this was time consuming to do, expensive and subject to lots of interference from other substances. But, for the patients it was 'just a blood test' and when used alongside other parameters, gave a pretty good diagnostic indication. It measured the iodine that was bound to proteins - that is to say, the 'useful' iodine.
Along came radio-isotopic testing and we could now measure (by about 1979) a 'good approximation' of Thyroxine (T4) using a test kit developed in Amersham in the UK - this became a worldwide standard diagnostic test for a while. But it was labour intensive, horridly expensive and required special precautions for the scientists (me) doing the tests.
At some point in the early 80s advanced immunological radioisotopuc assays were developing which permitted smaller sample sizes, and more importantly these tests to be done on automated analysers - bringing costs down, and improving safety.
Now that the technology and science had improved it became easier to develop the (previously frankly rubbish) tests for Tri-iodothyrine (T3) and these became as good as, and as cheap as T4 tests. Clinicians loved this because it was the days of 'Clinical Bingo' - get lots of numbers and hope to fit a diagnosis round them. Fueled by this assays for 'Reverse T3' & 'Reverse T4' (rT3 & rT4) were marketed to measure analogues of the stuff.
All this was helping research into the best ways of diagnosing the multiple forms of thyroid illness (which are fascinating in themselves) - the limitations of JUST measuring T3 & T4 as both diagnostic and treatment monitoring tools were becoming apparent. This lead to the push to measure (with a marketable test) the hormone that actually controls the thyroid's metabolism - the clinically active stuff - Welcome Thyroid Stimulating Hormone (TSH) to the party!
TSH is present in the blood in tiny, miniscule quantities, but can be detected using immunological (immunoassay ) methods, and today it is quick, easy, and fairly cheap to measure.
I'm not a clinician, and never was, but my understanding is that measuring TSH tells you all you need to know about the functioning of the thyroid and is an excellent diagnostic and monitoring tool. Measuring T3 & T4 is becoming quite uncommon except for diagnosis of unusual conditions (except where patients are being charged per test!). T3 & T4 assays really add very little to the information that doctors get /need from TSH measurement.
Here endeth the lesson.