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Military Medicine bonus increases

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IgD

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From:
http://www.military.com/features/0,15240,104359,00.html

"Difficulties in recruiting the next generation of Army and Navy physicians and dentists have spurred the Senate to approve new authorities to increase dramatically medical bonuses and stipends."

"...the Senate package would:

-- Double, to $30,000 a year, the stipend for HPSP scholarships.

-- Increase to $60,000, from $22,000, maximum student loan repayment to entice more medical and dental school graduates into service.

-- Increase to $45,000, from $15,000, maximum annual grants allowed under the Financial Assistance Program for doctors who choose to complete residency training in the civilian sector before military service.

-- Increase to $25,000, from $10,000, the size of special pay offered to Selected Reserve health professionals trained in critically short wartime specialties. Some who might qualify include emergency room physicians, surgeons, urologists, ophthalmologists and dermatologists. This is the only initiative in the Senate packet that the Bush administration sought.

-- Enhance dental accession bonus authority. Dentists currently are offered an accession bonus of up to $30,000. That would be raised to $200,000, recognizing that dentist salaries in the private sector have increased with demand for their services in an improving economy.

-- Allow a new accession bonus of up to $400,000 for physicians and dentists in war-critical specialties. Enticed from civilian life, the doctors would promise to serve at least four years. Specialists who might qualify include maxillofacial surgeons, thoracic surgeons and orthopedic surgeons.

Arthur said the Navy would like to have all of the new authorities and would use most of them immediately. The Army, said Kiley, would use the $200,000 to $400,000 accession bonuses 'carefully and judiciously.'"
 

NavyFP

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Again, let's wait and see what they provide on the appropriations side. If there is no new money, cuts will have to be made elswhere and budgets are pretty tight.
 

Milrad

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NavyFP said:
Again, let's wait and see what they provide on the appropriations side. If there is no new money, cuts will have to be made elswhere and budgets are pretty tight.

This is all nice but what does it do to keep those of us already in who are leaving after our commitment is up?
 

psychbender

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This is all nice but what does it do to keep those of us already in who are leaving after our commitment is up?

Nothing, but I think they care more about recruitment than retention. It's cheaper to get someone new than to keep someone around until they can hit the magic 20 years.
 

USAF_Dentman

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They should make the Dentist salary closer to that of a FP since dentists make more in the civvy world.
 

Galo

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After my experience there is no amount of money that they can reasonably come up that will help keep anyone in a system that lets them erode into oblivion.

Can they come up with 400K/yr for the average general surgeon?? Ortho, anesthesia, etc etc. This is a spitball on a huge flame.
 

pmoney

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What exactly is direct ascession?

Is that basically joinign up after you have received your medical or dental degree and are not taking the loan repayment program>
 

NavyFP

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pmoney said:
What exactly is direct ascession?

Is that basically joinign up after you have received your medical or dental degree and are not taking the loan repayment program>


Almost correct. It is after training and you are ready to practice. Signing for a loan repayment bonus or other incentives if they become available, have no bearing on the term.
 

Utes

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-- Enhance dental accession bonus authority. Dentists currently are offered an accession bonus of up to $30,000. That would be raised to $200,000, recognizing that dentist salaries in the private sector have increased with demand for their services in an improving economy.

For those of us that don't speak military, what does this mean?

Are those numbers realistic too, would they say here's 200k, or is that "up to" a pipe dream?
 

Milrad

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Utes said:
For those of us that don't speak military, what does this mean?

If you owe the military nothing and you are not in the military but agree to sign up for X amount of years they will pay you to enter. Its like a signing bonus on the civilian side. Side note: you only get this once and then they have you.
 

jacoby

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i would rather sell bananas & straw hats to tourists in key west then stay in for any amount of $. maybe a medical service corp can be trained to do my job. hasta.
 
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