Watch them come to work, note the care they drive. Follow them home, note the house they live in. I've yet to see a dr in the US come to work in a civic, or live in a modest house...
When I worked on an ambulance, I'd be at the hospital several times a day - in the ER doctor lot, a sampling of the cars:
- multiple Tesla S's
- 3 Porsche Cayenne
- 2 Audi S5s
- several Escalades
Whilst there are two sides to the story, let's not pretend that doctors live hopeless lives, saddled with a lifetime of crippling student loan debt, barely able to keep their heads above water to selflessly help people.
There is a medical group in Kansas/Indiana, I think, that was trialling the novel idea of "fixed price surgery"... looking at right on $100K for cardiac bypass.
Me? To look at my explanation of benefits, the billing for my kidney stone last year peaked at over $60K.
Did you see the age of those same doctors? Virtually guaranteed none of them were < 40.
A fair calculation of salary is some evaluation of (years of training required * intrinsic skill required * benefit to society). If you accept that, then doctors are surely near the top.
The salaries are high but the fact that a surgery costs $34,000, most of it doesn't go to the Doctor. I'm sure they get a lot, but the hospital needs its cut, the insurance need it's cut, etc.
When I worked on an ambulance, I'd be at the hospital several times a day - in the ER doctor lot, a sampling of the cars:
- multiple Tesla S's - 3 Porsche Cayenne - 2 Audi S5s - several Escalades
Whilst there are two sides to the story, let's not pretend that doctors live hopeless lives, saddled with a lifetime of crippling student loan debt, barely able to keep their heads above water to selflessly help people.
There is a medical group in Kansas/Indiana, I think, that was trialling the novel idea of "fixed price surgery"... looking at right on $100K for cardiac bypass.
Me? To look at my explanation of benefits, the billing for my kidney stone last year peaked at over $60K.