Hacker News new | ask | show | jobs
by refurb 1622 days ago
I’ve got several friends who specifically moved to the US from Canada because the pay was so much better. No doubt it varies by circumstance, but docs ive known in the US pay off their $500k in student debt pretty quickly if they specialize.

And sure insurance CEOs are paid more, but there are also a several magnitude more doctors than insurance CEOs. You could pay all the CEOs $1 and the cost of healthcare isn’t going to budget much.

3 comments

doctors in Australia, NZ and the uk generally have only 30-50k in loans. And earn a living wage during their residency (in Australia can reach 6 figures within 1-2 years as opposed to flat 45k for 6 years in the US)
This simply isn't true.

https://www.beckershospitalreview.com/payer-issues/what-5-he...

And its not just the CEOs - its all the parasites in the c-suite.

And these people contribute less than nothing to the health of patients, quite the opposite.

The CEO pay there is ~$0.30 per person in the US. Healthcare spending is about $12,000 per person.

Seems likely enough that adding another 100 CEOs wouldn't make the total much more.

And, in the US, you could pay all doctors $1 and you'd still be left with more expensive healthcare than most western countries...
Please show your math.
> First, according to multiple sources, doctors’ salaries account for only about 8% of U.S. healthcare costs. Even a 40% cut in these salaries, which the Kaiser Family Foundation concluded would result from reimbursing providers at current Medicare rates, would reduce healthcare spending by only about 3%.

https://www.latimes.com/opinion/story/2021-09-14/dont-blame-...

I'm not trying to convince anyone. That was just a passing observation on my part because, as an MD, I have a very good idea of why healthcare is expensive. But I lost any hope of making anyone who's not working the clinics understand this