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Those who qualify for Medicaid in addition to Medicare are somewhat better off. At least their prescriptions and much of their other medical costs are covered. Trouble is that more and more doctors are refusing Medicare/Medicaid patients, because Uncle Sugar ain't paying the Doc's the high fees they've come to demand. So, maybe its MD's who are unhappy with their incomes. ;) |
maybe it's MD's who have weighed the risk/reward and have said - nope, not gonna do that. As is their right.
My dentist only charges half his established prices for anyone who doesn't use their dental insurance, because the paperwork and bureaucracy is such a damn pain. He says his cashflow is lower, but his profit is higher. |
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Thank you. That was the announcement right there. Yes, thanks. |
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I am sure someone already posted this, but I am not reading five pages just to find out.
I want more, but I am also content for today. I make enough to pay the bills, fund retirement, and have some toys, but I want more so I can pay off the bills faster, retire sooner, and have more toys. I also want to have enough to pay for my kids college (actually, I want them to get scholarships) so they don't have to work during school. I could say more here, but, alas, I am too lazy during my lunch hangover to continue typing. |
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I'm in agreement that Doc's should have the right to choose whom they are going to treat and what insurance they will accept. IMO, the entire malpractice thing plus the insurance companies and their ever increasing demands for more paperwork, more fussy rules and regulations are responsible as anything else for the escalating cost of medical care. So maybe its the stockholders of insurance companies who are unhappy with their income. |
it isn't an issue of one group wanting more money. too many conflicting interests and too much bureaucratic BS.
A lot of folks in my area head south of the border for medical care. They are treated by american trained (and often american) medical staff, using the latest techniques and best practices. They pay a fraction of the cost and don't have to mess around with referrals, insurance companies, copays, etc. If they want X treatment, then they need to pay Y (which happens to be a fraction of the cost within the US) If you can't pay, you don't get treated. |
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One reason medical care in Mexico and other third world countries is less expensive is that the standard of living is so much lower. I don't think the doctors have to worry about malpractice to the extent they do in a first world country, either. BTW, if you want an idea of the horrible standards of living that US OB-GYN's have to endure, you might Google some of the recruiting websites for that speciality. The one I looked at was full of offers to help prospective new doctors pay off student loans, cover malpractice insurance and more. When salaries were mentioned, they were in the 150K to 200K range - not bad for a new entrant to a profession. |
i know what it's like to go hungry, so now i can never be full.
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As far as what they are paid, let me ask you: would you rather go to a doctor who is paid well, or one who is just squeaking by? $150-200K/year isn't that much money when you consider the supply demand issue. You also might want to factor in the cost of servicing their student loans, too. The new guy at the dentist's office is currently sitting on $225,000 in student loans. Someone who takes on that debt isn't going to step out into a $50-60K job. $150K seems like big money(and it's not peanuts), but consider this, car sales and mortgage sales make that. It's not that big a number any more. |
All of that makes really good sense. But, at least in my town, you don't see very many doctors who don't live in the biggest mansions, drive the nicest cars, belong to the Country Club, attend the nicest charity balls, etc. I guess I've always assumed once they got past all they had to shell out to get where they are, things were pretty good. I don't think about factoring in all that overhead.
Anyway, most of them have my utmost respect! |
Some can afford that. However, I know two doctors who live WAY beyond their means. I think it is living up to the assumption that all docs are rich.
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most of the docs i know are living on the edge. they are living in a manner consistent with what everyone else thinks is normal for a doctor. there is usually a lot of debt backing up that pretty stuff. the cash flow can be immense, but so can be the cost of doing business.
there are exceptions obviously. |
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