At least, that’s the conclusion I draw from this article by Ezra, which shows that we pay American doctors way too fucking much. I knew that already, but as Ezra says, you don’t usually see prices written down during the health-care debate. And now that I have…well, damn. Are American doctors so personable that they’re worth ten times as much as doctors in Spain?
As a couple of Ezra’s commenters point out, there’s only one real solution to the out-of-control pricing of health care services, and that’s single-payer, which we aren’t going to get, which is why even after whatever reform bill we get passes, nobody should stop agitating for more (shhhh…don’t tell Republicans that little secret.) But for whatever reason, I’m always struck by the little things, and dammit, I’m not going to be able to abide listening to a bunch of MD’s lobbyists crying about their crushing student loans.
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Good doctors are hard to find. Everyone has heard horror stories about the surgeon that leaves a sponge behind or amputates the wrong limb or gives you forty grams of a drug instead of forty milligrams. There’s a very steep premium on perceived quality.
That’s probably one of the most damning indictments against American medicine. Sure, we have some of the best doctors in the world. But we’ve also got some of the (assumed) worst. No one knows how to separate the wheat from the chafe without a butt-load of dollar signs.
As for student loans - well, that’s something of a chicken and egg dilemma. Are doctor’s salaries extremely high to pay off those first few years of crushing student fees. Or do we have vastly inflated education costs because those sky-high salaries are just assumed to pay them off? I know quite a few would-be doctors that became pharmaceutical reps instead specifically because of that cost-benefit analysis. Plenty of people are happy to make $80k+ / year hocking pills rather than take on a quarter million in debt just for the opportunity to go through med school.