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Reply to "Doctors make too much money"
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[quote=Anonymous][quote=Anonymous]My doc friend (surgeon) was offered over a $1M salary to work in Montana. Yet people will argue docs aren't overpaid. Give me a break. Even after accounting for PPP, salaries for physicians are grossly inflated compared to their counterparts abroad. $1M salary is ridiculous. Everything in US health is massively overpriced. Doctor salaries, nurse salaries, hospital staff salaries, insurance costs, ...... every single thing about US Healthcare sucks. The entire system needs to be blown up. Unfortunately it means salary cuts across the board are needed too to rein in costs. And yes, I believe student loan debts for docs should all be forgiven if there is a massive overhaul. But stop with the woe is me, you are paying extraordinary prices for a doc's education. Give me a break. If there is such a shortage of physicians, why do we let the licensing cartels for schools and doctors artificially limit the supplies in first place? There should be zero cap on the number of MDs graduated per year, and accredited schools should be increased by 5 fold. But no, they won't let it happen because they want to artificially create scarcity on purpose so they can keep salaries grossly inflated. [/quote] They’re offering these salaries to entice people to come to Montana. Doctors are often making more in Montana than DC. This is because there are so many doctors in DC it drives the insurance reimbursement rates down. These positions usually also require a lot of call because there are fewer doctors to share the call schedule with. It’s supply and demand but don’t assume that the same position is paying the same in DC. My husband recently switched jobs and we similarly got these great offers but ultimately turned it down because it still wasn’t worth it to us to live there. [/quote]
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