Salary in CDN vs. US

[basketball]

hello

I am a pre med in canada, and I was wondering if canadian doctors make a lot less than american doctors.

do you know where I can find these stats? I plan on going to a Canadian med school (well known school like Univ. of toronto) and specialize in the US, but is this possible?

I'm not really familiar with this process and any help will be greatly appreciated🙂 thanks!

---

Members don't see this ad.

 

[ninjapenguin]

Coming from a Canadian medical school, you should be able to do a residency in most all specialities in America, although you would need to be sponsored for an H-1B work visa. That said, I would stay in Canada.

Given the recent direction the US healthcare system is headed, coupled with the growing strength of the Canadian dollar, Canada may just be a better place for practicing physicians in the future. Sure, taxes may be slightly higher, but you won't need to pay for medical insurance or schooling for your children, and the overhead costs for running a private practice are much lower in Canada. In the end, you'll probably be pulling in an income on par with your American counterparts in most specialties. Just my $0.02...

 

[njbmd]

Moving to the Canadian forum.

 

[CanGas]

Posted on this before. Do a search.

With Cdn dollar and lower malpractice often can do BETTER in Canada with certain specialties excepted (Pain, major surgical specialities, ect). Family docs do much better without the income pressures of the HMO's and managed care.

For fun you can search for the names of different doctors in British Columbia (eg. on yellow pages).

Then go on the BC government page and see what they billed last year.
http://www.health.gov.bc.ca/msp/legislation/pdf/bluebook2007.pdf

Be aware this is gross billings not net. Also does not factor in private income.

Search for my post in the Anes forum regarding a 2 week anesthesia locum I did. $24k for 2 weeks.

CanGas

 

[copacetic]

when you account for relative costs of living in either country American doctors gross more, but because of higher malpractice costs, and because insurance companies dont always reimburse completely, or sometimes not at all their net incomes end up being slightly less than candian net incomes (net=after expenses but before taxes). however higher taxes in canada end up eliminating the benefits of a higher net income. what ends up happening is that your end of the day take home money after taxes is pretty much comparable in absolute dollar amount, hoever 150k take home in the states will get your farther than 150K in Canada. rougly 20-30% farther in terms of purchasing power. effectively its like you are earning more in terms of purchasing power in the states, but this is, and has been changing in the states for some 2 decades now. its not the land of milk and honey it once was due to fear of constant litigation, and delaing with insurance companies and trying to collect on your billings instead of spending time with your patients. at the end of the day primary care is better off in the canada (in terms of relative energy spent vs income generated and collected) while the specilaties are better off in the states. remember that the specialties in the states are now being looked at by bureacrats as ideal candidates for reimbursement cuts so watch out. hope this helped.