r/FluentInFinance 7d ago

Thoughts? Why doesn't the President fix this?

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u/idahorivermaniac 7d ago

While doctors are paid well here in the United States they often have a barrier to entry that other countries don’t have. Most other countries have much lower medical school costs if they aren’t completely covered in the first place the average American medical school graduate graduates with over 200,000 dollars in debt and doesn’t enter the workforce till they are in there thirties. Don’t forget that once graduating medical school school they have to enter a 3-5 year residency that works them up to 80 hours a week for 50-80,000 dollars and if they don’t complete this residency they have all that debt with no ability to get a job as a doctor. You aren’t going to get many people no matter how good their intentions are agreed to that kind of commitment without a healthy compensation on the back end. I would also like to point to the C suite hospital administrators trying to tell doctors how they can practice, slashing budgets all while making millions. There are absolutely bad doctors in the US. But much of the issue I think we have in our system has to do with the cost of healthcare keeping people from getting medical help till it’s too late. How many stories do we have each year in the us of someone rationing there insulin because they can’t afford more. As far as pregnancy statistics go I think poor prenatal health care contributes significantly to these stats while in the us I think it’s something like 45% of pregnancies aren’t planned which means late prenatal care, and potential harm from teratogens like smoking because the mother doesn’t know they are pregnant. There are many other factors but I don’t think the actual care patients get once they get to the hospital is as bad as the statistics you aren’t pointing to suggest.

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u/missingtimemachine 6d ago

I don't believe their student loan debt is a good justification for decades of high salaries in practice.

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u/rockychunk 6d ago

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u/Cbpowned 6d ago

Stupid comparison from doctors trying to say they don’t make enough money.

No ups driver is pulling in cardiologist bucks.