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Reply to "Doctors make too much money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think a lot of you are completely missing the opportunity cost to go into these different specialties. My wife is a liver/kidney/pancreas transplant surgeon and did 4 years of med school, 7 years of general surgery residency (5 years + 2 research years), and a 2 year transplant specific fellowship. 13 years after graduation with 9 of those years being paid very little. Trust me, she would have made far more in other fields with how intelligent/driven she is, but she actually values helping her patients over $$$. This is just one example, but how is this worse than some random overworked investment banker or lawyer?[/quote] Her colleagues abroad make far less and their patients have better outcomes in a better system. They could also go into banking or whatever. No career is “owed” outrageous pay.💰 [/quote] That is true but what is it in particular that leads people to post it here? Why not lawyers, insurance exs or tech bros? This is a constant refrain on here (that doctors make too much). [/quote] Because everyone goes to the doctor and we are all paying outrageous sums for insurance. And because we are all nerds we look at the insurance statement and see the doctor charged the insurance $800 for a 20 minute appointment. So we see the cost right in front of us, more than insurance executive pay or whatever else. [/quote] Then clearly you are smart enough to read the EOB and see they aren't actually getting paid that amount. [/quote] DP, I know what reimbursement rates are. And once you set aside primary care physicians, a lot of them are absurd. It's not the office visits as much as it is procedures. Though, I once broke my finger. The doctor spent literally two minutes with me, ultimately taping the finger to the next. It was reimbursed for approximately $500 as a surgical procedure. Besides that being an outrageous reimbursement rate for what was done, the doctor at urgent care where I started at never should have referred me to a hand surgeon for this.[/quote]
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