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Old 09-21-2007, 05:30 PM   #103
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by theotherguy View Post
That is what I am saying. I am not sure if you are agreeing with me or not.

Let's say the malpractice ins gets cut in half so they now have, just to simply things, an extra $200,000 in profit for the group. That doesn't mean that they will each get an extra $50,000. They probably would like to spend that money on extra support staff or new equipment or more current magazines in the waiting room. In my business, an extra $3,000,000 to our bottom line does not immediately get divided up among the managers and partners. It does increase our bonuses, but not by a total of $3,000,000.

I am not saying that it would absolutely not change how much money the doc takes home. It might. It might not. I was simply refuting Clod's claim that a large portion of a doc's 100K salary goes to pay for malpractice insurance.
We are in agreement. But when people pay out such large sums the only way they see it is that it is robbery, which it is in many cases.
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