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Taken from:
http://www.engineersalary.com/overpaid.asp
4) Orthodontists
For a 35-hour week, orthodontists earn a median $369,000 a year, according to the Journal of Clinical Orthodontics. General dentists earn less than half as much working 47 hours a week on average. The difference in their training isn't like that of a transplant surgeon vs. a family practice doctor. It's an extra two years, and a rewarding investment if you're among the chosen. Dental schools have been criticized for keeping orthodontists in artificially short supply - to keep their incomes high.
This isn't neurosurgery. Orthodontists manipulate teeth -- and often leave much of the adjustment to low paid assistants (whose work they bill for). What makes their windfall earnings egregious is that they stick parents with most of the inflated bill, since orthodontia insurance benefits cover nowhere near as large a percentage as for general dentistry.
This is the same as having a low paid first year associate in a law firm handle your case (behind the scenes, completely unknown to the you), and the partner bills out the hours at his/her much higher hourly rate, which can typically run $100 to $300 more per hour. Your $1500 fee for legal work becomes a bill for $5000. It happens everyday.
Taken from:
http://www.engineersalary.com/overpaid.asp
4) Orthodontists
For a 35-hour week, orthodontists earn a median $369,000 a year, according to the Journal of Clinical Orthodontics. General dentists earn less than half as much working 47 hours a week on average. The difference in their training isn't like that of a transplant surgeon vs. a family practice doctor. It's an extra two years, and a rewarding investment if you're among the chosen. Dental schools have been criticized for keeping orthodontists in artificially short supply - to keep their incomes high.
This isn't neurosurgery. Orthodontists manipulate teeth -- and often leave much of the adjustment to low paid assistants (whose work they bill for). What makes their windfall earnings egregious is that they stick parents with most of the inflated bill, since orthodontia insurance benefits cover nowhere near as large a percentage as for general dentistry.
This is the same as having a low paid first year associate in a law firm handle your case (behind the scenes, completely unknown to the you), and the partner bills out the hours at his/her much higher hourly rate, which can typically run $100 to $300 more per hour. Your $1500 fee for legal work becomes a bill for $5000. It happens everyday.