home
RSS
Seriously? Doctors say they're underpaid
May 1st, 2012
10:55 AM ET

Seriously? Doctors say they're underpaid

Anthony Youn, M.D., is a plastic surgeon in metro Detroit. He is the author of “In Stitches,” a humorous memoir about growing up Asian American and becoming a doctor.

Full disclosure: I have no complaints about how much I make.

But many other physicians are not as satisfied - a recent study by Medscape revealed that 49% of doctors believe they're not fairly compensated. Of primary care physicians, this percentage increases to 54%.

It’s no myth that doctors are some of the highest paid professionals in the country. So why are they complaining?

It’s likely because of situations like Dr. Peterson’s.

Dr. Peterson is a plastic surgeon whom I worked with during my residency. A kind, competent physician, his new, fledgling practice consisted of reconstructive surgery. He treated women with breast cancer, paraplegics with pressure sores, and burn patients.

I was the on-call plastic surgery resident one night when a 42-year-old man - let’s call him Dave - was brought into the hospital at 3 a.m. He had fallen off a roof while intoxicated. Dave broke several bones in his face and shattered his lower leg.

I stumbled out of bed and met Dr. Peterson in the ER, where we spent the next three hours assessing Dave’s injuries and repairing his lacerations. Five days later Dr. Peterson and I performed an eight-hour operation, reconstructing his broken facial bones and performing a muscle transfer to help heal his fractured legs. For the next two months, we visited Dave in the hospital each and every day, changing his bandages and making sure he healed properly.

Not once did Dave thank Dr. Peterson for his care.

Instead, Dave took more than $3,000 from him.

Close scrutiny

Quite possibly no other occupation in the country receives such attention regarding the income its members receive. And that’s not a new trend - more than 70% of respondents of a survey published in the 1985 American Journal of Public Health believed doctors were overpaid.

The Medscape survey found the average physician compensation now ranges from a high of $315,000 for orthopedic surgeons to a low of $156,000 for pediatricians. Sounds pretty good right?

Consider that physicians must complete at least four years of college, four years of medical school, and between three to eight years of residency training prior to becoming a real, practicing doctor. Many physicians don’t start earning “doctor-level” salaries until they are well into their 30s.

A 2009 survey by U.S. News found the typical medical student graduated with $141,132 in debt. The graduates of some schools averaged more than $200,000 in loans.
So how do doctors’ salaries compare with other well-paying professions?

According to the Bureau of Labor Statistics, the average computer and information system manager earns $125,660 per year. The average lawyer makes $130,490 per year. Orthodontists take home $204,670. The New York Times recently reported the average base pay for managing directors at Morgan Stanley is $400,000. At Goldman Sachs, it’s $600,000. The average salary of an NFL player is $1.9 million. NBA players average $5.15 million per year.

Just for putting a ball in a hoop.

When you consider these numbers, the thought of pediatricians making $156,000 a year doesn’t seem unreasonable. They often see 50 patients per day, answer our calls at all hours, and keep our kids healthy.

What about critical care physicians? They average $240,000 a year, but are responsible for keeping the sickest of us alive. One-quarter of critical care physicians spend more than 65 hours per week with their patients, not including time doing paperwork.

Unlike most other professions, there is a ceiling to what most doctors can earn. Physician compensation is tightly controlled by the government and insurance companies. Medicine is also the only profession where its members are required to sometimes work for free.

No return on investment

Which brings us back to Dave.

Three months later, I accompanied Dr. Peterson in his clinic to see Dave for a follow-up appointment. Dr. Peterson seemed a bit distracted. At the end of the visit I found out why.

“I’m glad you’re doing so well, Dave,” said Dr. Peterson.

“Yeah, I’m really happy with how things have turned out,” he replied.

“So Dave, this is a little awkward for me, but I need to ask you something. Two weeks ago your insurance company sent you a check for $3,200 to forward to me for all my surgical and office fees.”

“Yeah, so?”

“Well, um,” Dr. Peterson stuttered. “We never received it from you.”

“No, you didn’t. I cashed it and spent it.”

“Dave, why would you do that?”

“I figured you’re a rich doctor. I need the money more than you.”

What do you think? Are doctors being underpaid? Tell us in the comments below.


soundoff (4,692 Responses)
  1. neymar al madrid

    The swing is an accessory do exercises. Go with multiple sets of low to medium reps. You shouldn't be afraid to use Manchester United tin tức some real weight and go with sets of four years old. These do best following a whopping movement like deadlifts.Whether it is a basketball pick, or football or another sport pick, you must be conservative. The great game of Football is often a national past time. Football betting is heavily on such basis as various indicators.{But, let's clear factor up.protein should be only food in liquid outline.

    https://chelseabluearmy.com/index.php/2021/04/27/thomas-tuchel-chua-bao-gio-de-thua-zinedine-zidane/

    May 13, 2021 at 11:03 | Report abuse | Reply
  2. 40d made in chelsea

    The swing is an accessory exercising. Go with multiple sets of low to medium reps. Don't be afraid a cordless Jesse Lingard some real weight and go with sets of four years old. These do best following a huge movement like deadlifts.Whether it is a basketball pick, or football or another sport pick, you in order to be conservative. Terrific game of Football is often a national hobby. Football betting is heavily derived from various ideas.{But, let's clear espresso up.protein is just food in liquid state.

    https://serieagaol.com/juventus-bit-cua-vo-dich-serie-a/

    May 13, 2021 at 11:46 | Report abuse | Reply
  3. camper service near me

    This is a topic that's near to my heart... Best wishes! Exactly where are your contact details though?

    https://smart.link/5bb788a3d5b83?site_id=Web_NBCS_Philly&creative_id=nbcsphi1356&cp_4=ocrvandtrucks.com/rv-repair-shop-calabasas-highlands-california

    May 13, 2021 at 13:03 | Report abuse | Reply
  4. how many goals has neymar scored in his career

    Watch the film and diagram every different play the team runs including repeats. Which i đội hình Juventus use cardstock. Write down the play number along with the down and distance for the best of one's knowledge properly caption everyone play i.e. I would write play 1, 1 and 10, Pitch Sweep Right and diagram the blocking assignments as executed and the backfield player numbers. To get playoff game I would take providing time to write down every player's number.

    https://chelseabluearmy.com/index.php/2021/04/22/didier-drogba-an-ui-jose-mourinho-sau-khi-bi-sa-thai/

    May 13, 2021 at 15:07 | Report abuse | Reply
  5. kenworth shop near me

    When I originally commented I seem to have clicked the -Notify me when new comments are added- checkbox and from now on every time a comment is added I receive 4 emails with the exact same comment. Perhaps there is an easy method you are able to remove me from that service? Cheers!

    https://worldlunghealth2020.theunion.org/index/out/?type=sponsor&url=http://youtube.com/watch?v=q9XxtBsSYXk

    May 13, 2021 at 17:29 | Report abuse | Reply
  6. RebfZisse

    brand cialis http://rcialisgl.com/ cialisonline

    May 13, 2021 at 17:47 | Report abuse | Reply
  7. upholstery places near me

    This is a topic that's near to my heart... Cheers! Exactly where are your contact details though?

    http://www.pcpitstop.com/offsite.asp?https://youtube.com/watch?v=mallm_25eLQ

    May 13, 2021 at 18:05 | Report abuse | Reply
  8. Mercedes Benz Sprinter Repair 19444

    Greetings! Very useful advice in this particular post! It is the little changes that will make the most significant changes. Thanks for sharing!

    https://office.builderall.com/us/franchise/share/1504715/?p1=rd&p2=https://fleetservicesorangecounty.com/conversion-van-repair-shop-near-me

    May 13, 2021 at 20:14 | Report abuse | Reply
  9. LbsoZisse

    cialis usa pharmacy https://ucialisdas.com/ – online pharmacy cialis comparison cialis paypal payment

    May 13, 2021 at 21:08 | Report abuse | Reply
  10. xem trực tiếp bóng đá kèo nhà cái

    I think this is among the most vital information for me.
    And i am glad reading your article. But want to remark on few general
    things, The web site style is ideal, the articles
    is really excellent : D. Good job, cheers

    May 13, 2021 at 22:04 | Report abuse | Reply
  11. Meri

    I every time used to study post in news papers but now as I am a user of
    internet thus from now I am using net for posts, thanks to web.

    May 14, 2021 at 00:26 | Report abuse | Reply
  12. temecula collision center

    http://5cfxm.hxrs6.servertrust.com/v/affiliate/setCookie.asp?catId=1180&return=https://ocrvmotorcoaches.com/motorhome-frame-repair-near-me

    May 14, 2021 at 01:15 | Report abuse | Reply
  13. RebfZisse

    buy cialis online overnight shipping https://rcialisgl.com/ – generic cialis forums voucher cialis index

    May 14, 2021 at 03:00 | Report abuse | Reply
  14. RV Interior Designer Los Angeles

    http://nine.toomanaghy.com/__media__/js/netsoltrademark.php?d=yelp.com/biz/ocrv-center-anaheim-4

    May 14, 2021 at 06:00 | Report abuse | Reply
  15. RV Refrigerator Riverside

    http://www.expo-book.com/away.php?url=http://g.page/ocrvcenter

    May 14, 2021 at 06:38 | Report abuse | Reply
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71

Leave a Reply to https://thuocladientu123.com


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.

Advertisement
About this blog

Get a behind-the-scenes look at the latest stories from CNN Chief Medical Correspondent, Dr. Sanjay Gupta, Senior Medical Correspondent Elizabeth Cohen and the CNN Medical Unit producers. They'll share news and views on health and medical trends - info that will help you take better care of yourself and the people you love.