tag:blogger.com,1999:blog-18943510.post485934073340194642..comments2023-08-21T02:57:37.362-05:00Comments on Dr. Wes: Medscape: 36% of Residents Have Over $200,000 DebtDrWeshttp://www.blogger.com/profile/17438019699222125477noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-18943510.post-62759977421406416772014-08-13T15:50:07.371-05:002014-08-13T15:50:07.371-05:00Anon 05:33 8/7/09-
Increased pay for experience?
...Anon 05:33 8/7/09-<br /> Increased pay for experience?<br />From an insurance company?<br />Surely you jest?!?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-69296403330251821522014-08-08T07:03:57.376-05:002014-08-08T07:03:57.376-05:00This will contribute to the growing trend of stude...This will contribute to the growing trend of students choosing to be PAs or NPs. <br /><br />It takes less time and money to be trained. They usually do not have to take call. They do not have uncompensated overtime. They do not shoulder the same liability as physicians. Also, they do not have to live under the yoke of MOC.<br /><br />As far as the insurance companies and government is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-52823189473181947922014-08-07T21:05:25.294-05:002014-08-07T21:05:25.294-05:00and look the hospital's CEO's salaries (wi...and look the hospital's CEO's salaries (with maximum a master degree) with 1 to 1.5 million per year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-24904890652527010572014-08-07T17:33:10.340-05:002014-08-07T17:33:10.340-05:00Over 40% have less than $200K. 25% have no debt. I...Over 40% have less than $200K. 25% have no debt. I'd say that right there, with the ability to pay that back in 10 years, and the increases in pay for experience, it is still a very lucrative position. Look at the rate of unemployment. A doctor, even in primary care, has a greater chance of getting into the millionaires group, than they do as a banker, CEO, etc. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-42717583237712893042014-08-07T10:09:35.336-05:002014-08-07T10:09:35.336-05:00It is even worse for many professions. specificall...It is even worse for many professions. specifically architects and social workers come to mind. while their overall debt is smaller upon graduation- so is their earning power.<br /><br />also- no one has a vast majority of their income collected by the IRS. The IRS is not obama's, it is the us governments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-8119465765945491642014-08-07T09:36:04.311-05:002014-08-07T09:36:04.311-05:00OMG. They have to pay taxes? What gives with that...OMG. They have to pay taxes? What gives with that? The Inhumanity. Obviously, no doctor ought to be asked to make such sacrifices. Why not a nice career in teaching grade school instead? You'll graduate without that crushing debt, have summers off, and a cushy pension ($50K today)when you're 60.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18943510.post-85896954573646614632014-08-06T16:00:00.821-05:002014-08-06T16:00:00.821-05:00Indentured servitude.
As hospitals merge, they ...Indentured servitude. <br /><br />As hospitals merge, they will have bargaining power over physician contracts. Expect the largest cost to hospitals, i.e. labor, to drop as margins shrink. At some point, physician salaries will not be sufficient to repay the inordinate sums required to fulfill the ever increasing and rapidly expanding requirements of medical training (see MOC).<br /><br />Not Anonymousnoreply@blogger.com