FrontlineWarrior
Diamond Member
- Apr 19, 2000
- 4,905
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i am a medical student.
first of all, if you reduce salary to 75k a year, even if you paid for my loans i wouldn't go to medical school. smart people will do something else, and less qualified people will fill the wards.
second, if you open up medical school enrollment, there will be A LOT of complete idiots becoming doctors and severely endangering people's lives. even with difficult admission standards for medical school, there are several that slip through the cracks. these people are truly frightening. trust me, you do not want to open up admissions just to lower healthcare costs, because people will die. this "artificial" supply you speak of is not too different than initial quality control. and with only a 75k carrot at the end of the stick, the dropout rate will be very high. medical school and residency training is TOUGH. it is 7-13 YEARS of training AFTER COLLEGE. for what, 75k a year? would you do that? would anyone?
third, reducing physician salary will do almost nothing to lower the healthcare costs of this country. however, it WILL dramatically reduce the quality of physicians and thus healthcare. in the US there are about 600000 physicians. average salary is around 200k/yr. that totals 120 billion dollars. healthcare expendatures topped 1.6 TRILLION dollars. physician salary makes up about 7.5%. compare that to the ADMINISTRATIVE costs, which top 500 billion. this adds nothing to healthcare, yet takes up about ONE THIRD of all healthcare costs.
now you tell me, is it better to save 5% to keep physician salaries at 75k, and completely screw up the quality of your healthcare, or would you rather find ways to cut administrative costs and keep the quality of care similar?
first of all, if you reduce salary to 75k a year, even if you paid for my loans i wouldn't go to medical school. smart people will do something else, and less qualified people will fill the wards.
second, if you open up medical school enrollment, there will be A LOT of complete idiots becoming doctors and severely endangering people's lives. even with difficult admission standards for medical school, there are several that slip through the cracks. these people are truly frightening. trust me, you do not want to open up admissions just to lower healthcare costs, because people will die. this "artificial" supply you speak of is not too different than initial quality control. and with only a 75k carrot at the end of the stick, the dropout rate will be very high. medical school and residency training is TOUGH. it is 7-13 YEARS of training AFTER COLLEGE. for what, 75k a year? would you do that? would anyone?
third, reducing physician salary will do almost nothing to lower the healthcare costs of this country. however, it WILL dramatically reduce the quality of physicians and thus healthcare. in the US there are about 600000 physicians. average salary is around 200k/yr. that totals 120 billion dollars. healthcare expendatures topped 1.6 TRILLION dollars. physician salary makes up about 7.5%. compare that to the ADMINISTRATIVE costs, which top 500 billion. this adds nothing to healthcare, yet takes up about ONE THIRD of all healthcare costs.
now you tell me, is it better to save 5% to keep physician salaries at 75k, and completely screw up the quality of your healthcare, or would you rather find ways to cut administrative costs and keep the quality of care similar?