our health care system is predicated on the doctors’ beliefs that they are entitled to 6 figure incomes, not anything else.
Baloney. Doctors go through a more rigorous education and training process than almost any other profession in America. How much do you think they should be paid for that?
Six figures means one hundred thousand dollars a year or more. A good welder earns more than that. In some areas you can’t even survive on a hundred grand a year.
6 figures implies $100,000. Hardly incentive to go thru the process of becoming a Doctor. I have a client whos 38 and just got certified as a cardiologist. Now he has to set up his practice, pay enormous mal practice insurance fees, find patients, build a trust with those patients and then pay hundreds of thousands back in school loans. Even At $300,000 a year he might pay his mortgage. By the time hes 48/50 he can start enjoying a good income though.
What a myopic ignorant thing to state.
For what they have to go through to be a doctor, then couple that with ambulance chasing lawyers, they need a 6 figure income. My now retired OB-GYN told me years ago before he retired that one of the reasons was his insurance cost alone. We’re taking maybe 20 years ago and his yearly premium then was over $100,000 a year. Then he had staff, office expenses to pay. Until you get the lawyers out of the exam room, it’ll only get worse. I’m so sick of seeing the billboard for “The Hammer” up and down the interstates telling everyone to call him if they have a “big rig” accident. Maybe if they didn’t drive like idiots and cut semi’s off and do stupid crap, they wouldn’t get in an accident!
I would observe that some of the outlandish and absurd charges from hospitals are totally out of line. They should be prosecuted under RICO.
And I seriously think there is a case to be made for that.