By poormedstudentPrdiatricians 26, in Primary Care Residencies. I have heard from money people that pediatricians make less male than their adult counterparts. Why is this? It seems to me kids are generally less complex and take less time to see and treat, so you would probably be able to see more patients in an hour compared with adult internal medicine patients who have 50 other comorbidities. They don’t really make significantly. Where did you get this information from? I think hey may make slightly less because they do less procedures no need for as many stress tests, EKGs, scopes This is what I’ve heard too about the pay discrepancy
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Based on your preconceived notions, you probably think becoming a doctor is one of the most lucrative professions, like a lawyer or rocket scientist. But a plumber? Does it even come close? To start your career as a doctor in the U. Assuming the loan takes 30 years to repay at 7. In reality, you could make much more than that. An apprenticeship only lasts for so long. Journeyman and master plumbers earn considerably more. As a doctor in training, medical school can prepare you for different medical careers with varying salaries. Pediatricians and anesthesiologists have considerably different salaries. However, these salaries are not realistic until the 15 years of training and education are complete. Plumbers have a much more concrete career path. When you calculate net worth, based on salary, student loans, average investments with average returns, the doctor eventually makes more. The key word is eventually. We can help you build your future with your own two hands. Doctors vs. Plumbers—Who Makes More? Career Paths As a doctor in training, medical school can prepare you for different medical careers with varying salaries.
The Agenda. Agenda An economist argues that American doctors get paid too much—and offers some bold ideas on what to do about it. The United States pays more than twice as much per person for health care as other wealthy countries. We tend to blame the high prices on things like drugs and medical equipment, in part because the price tag for many life-saving drugs is less than half the U. But an unavoidable part of the high cost of U. Doctors and other highly paid professionals stand out in this respect. Our autoworkers and retail clerks do not in general earn more than their counterparts in other wealthy countries. Most Americans are likely to be sympathetic to the idea that doctors mone be well paid. After all, it takes many years of education and training, including long hours as an intern and resident, to become a doctor. And people generally respect and trust their doctors. Pediatrifians, as an economist, I look for structural explanations for pay disparities like. And when economists like me look at medicine in America — whether we lean left or right politically — we see something that looks an awful lot like a cartel. But a cartel is not necessarily completely negative. It means that the suppliers of a good or service have control over the supply. This control can be used to ensure quality, as is the case with many agricultural cartels around the world. However, controlling supply also lets the cartel exert some control over price. In the United States, the supply of doctors is tightly controlled by the number of medical school slots, and more importantly, the number of medical residencies. The United States, unlike other countries, requires physicians to complete a U. Sincepediatriians of Canadian programs have also been allowed to practice in the U. This means that U.
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