“Can’t pay for the carpets??” What horse hockey!! Doctors are the SINGLE most overpaid profession in the US because of a cartel that forbids new medical schools from being opened RIGHT HERE IN THE US
Yes, you heard it right. We have smart young AMERICANS who want to be doctors and would gladly take $100K as a salary instead of the inflated $300+ K these Cartel Doctors make. However, the AMA will not let a new medical school open without its permissions
For those of you who say this is Capitalism and the docs deserve to be paid $300K+, I say GIMME A BREAK!! Capitalism is FREE and OPEN competition. Open up as many Medical Schools as there are QUALIFIED kids. Let them all become QUALIFIED doctors and THEN let the freaking wages be what they are.
If a NFL quarterback gets paid $10 million a year, I don’t mind as that is what he is WORTH in the OPEN market. Not true for Doctors. We have an artificial shortage created by this CARTEL
So no sympathy for the CARTEL Doctors. Go compete in a real economy.
Yes, an NFL star is “worth his 10million”. I suppose you think a “siliconed up” movie star is worth her 5 million per picture. Or that drugged up RockStar his/her 9 million.
But the DOCTOR who has the ability to keep your worthless carcass ALIVE for another several years is a crook, charlatan, thief, and also not a nice person.
You condemn the DOCTOR who charges you $75.00 for an office visit, and shake the hand of the guy who fixed your auto transmission for “only” $750.00.
You are a pip, you are.
My doctor’s office gets $57 for an office visit. Typically, the visit starts with a 5-minute call to set up the appointment. Then there is a preliminary checkin and weigh-in, pluse checkout, maybe 5 minutes total.
A nurse comes in and takes information and vitals, about 10 minutes.
The doctor spends about 10 minutes.
So that’s about 30 minutes of total work, 10 by the doctor, 20 by support staff.
There’s office space, computers, and equipment to be paid for and maintained. There’s consumables as well.
But at best, the office is making $114 a person/hour for my visit, which is less than my company bills for my services. That $114 per person/hour has to pay the salaries and benefits, plus pay for lights, heat, property tax, mortgage or lease of the property, depreciation of equipment, supplies, interenet access, records retention, and a host of other things.
Now, with that money, the doctor has to pay off a couple hundred thousand dollars in student loans, has to attend thousands of dollars worth of continuing education, and has to pay thousands of dollars for malpractice insurance. He likely is owner or a contractor, so he pays both halves of social security and medicare, and has to invest for his own retirement.
The primary care physicians are NOT making a killing in the profession. They are squeezed on every side — I have friends who have dropped out and taken other jobs because they couldn’t make a living being a primary care doctor unless they hooked up with huge organizations that could better manage costs and which had affiliations with hospitals.
I personally know GP's making less than $100k....
I personally know...OBGYN's going out of biz...because they can't make a living after expenses...( ie: Payroll, Insurance, Office costs, taxes...etc..etc...)