Yes, this is a problem. Hospitals love it, but private practice will soon be nonexistent. We will all be employees.
Completely agree with you. These guys haven't worked a day in their lives. It's easy to sit behind your computer screen and say that physicians shouldn't complain about salary cuts and should be able to adjust their lifestyles.
1. The question is why is our salary being cut. As jonmadden said, physician income has little to nothing to do with health care costs. It's already been cut. We've tried that. Nothing has changed, other than health care costs, which have ballooned. So why further cut income? Physicians are one of the only occupations in which the average income is declining yearly instead of increasing to keep up with inflation.
2. Medicaid/medicare pays me 10% of what is charge 90% of the time. Sometimes they don't pay at all. Other times I have to chase them for months. I have to go through this and administrative/government policy bs every day. Most of us gave up our 20s and early 30s to be in this profession. We went to school for 10+ extra years to earn more than than the $45k average income. We work twice as many hours (80 compared to 40) to earn more than the $45k income. We have infinitely more liability (six figure malpractice premiums) to have higher than the $45k income. It's not the issue of feeling entitled to something. EVERY OTHER industry works like this. High risk, high reward. Look at banking, law, engineering, consulting, etc. The more you put in the more you get out. Out of all of these, medicine is the only industry in which we, as physicians, have business expenses and risks, but are treated as government entities, free to be regulated and slashed as the politicians please.
Your malpractice seems high
One fact 94% of the cost is not physicians!!!!!!
Not some biased survey crap they put put, number of physicians 685,000 dividided by the healthcare expenditures, 2.5 trillion. These are the feds own numbers, 6 whopping %
Hey throw in 4 avg years of residency at 50k for 80hrs and that brings down the average income, throw on 300k of debt (10% actually towards education cost) and more hrs worked per week.
I dont know why people actually practicing medicine are being called the ones with their hand caught in the cookie jar.
I just saw some hospital stocks make some lazy jackass, shocking if they had a DC zipcode, a bunch of money for doing nothing. not even because the company actually got more money, just because theres a promise that tax payers will be fined for not having "government approved" health insurance.
Lets make sure that guy gets all the money doctors, nurses, and anyone caring for sick people make
And dont get me wrong theres greedy docs like anyone else, but 99.9% are still professional and hardworking and more capable then this countrys ever going to get. And more likely now cause were broke.
-Wheres the rest lf the money going?
-Why do we allow wall street corporations to make profit margins off the sick and dying that no other country allows?
-whats in it for every joe DC putting OT in for this bill? Its not their salary or the future of healthcare as theyll be out of office
Maybe this is just a fakeout move, romney or congress pulls it and we all feel thankful for something we shouldnt have to. Oldest move, people feel like they got something when they didnt.
I was pissed when i realized they were filling their budget with my loan debt
I mean how does the fed stay well when their tax base lost jobs, lifes earning, house, discretionary income, etc
They are grasping at straws an they cant just shut down some old crap library or sell a few planes at least.
No ones ever going to take over our country if we got rid of every gun in the army. We would be the worst choice, high cost of occupation, populated, debt ridden, poor chance of getting a return like some oil country
What the hell is anyone talking about?