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.
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.
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.
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.”
“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 (15,183 Responses)« Previous 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 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 Next »
Leave a Reply to site. Cheers for posting.
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.
I was able to find good information from your articles.
what color is cialis pill https://rcialisgl.com/ cheap generic cialis
chloroquina https://chloroquineorigin.com/ chloroquina
Merchant Accounts For Online Smoke Shops|Best Angies Boutique Los Angeles' Premier Smoke Shop|#1 Trực Tuyến Headshop|Zerona Smoke Cửa Hàng|Denver's Premier Smoke Cửa Hàng davinci vaporizer review smartphone app, you can find everything you need to know on the #DopeBoo blog. The problem with most trực tuyến head shops is they’re only the middlemen for other sellers. Everything you see here is from a genuine trực tuyến smoke cửa hàng staffed by a professional team of experts who use the same products you do.|We've made the world's best smoke cửa hàng with only the best bongs, vapes, and dab rigs. They all of the new and hottest brands, our new favorite being Mathematix Glass. They stock a long list of American made glass and offer không lấy phí U.S. shipping on all products. Another plus is that their hassle-không lấy phí returns and customer service are remarkable.
Awesome article, it was exceptionally helpful! slotxo
I would like to say that this blog really convinced me to do it! Thanks, very good post. slotxo
Greetings! Very helpful advice in this particular article! It's the little changes that will make the greatest changes. Thanks for sharing!
Hi, I do think this is a great web site. I stumbledupon it 😉 I'm going to return yet again since I bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to help other people.
Merchant Accounts For Trực Tuyến Smoke Shops|Best Cửa Hàng|#1 Online Headshop|Zerona Smoke Cửa Hàng|Denver's Premier Smoke Cửa Hàng smoke shop st louis điện thoại thông minh app, you can find everything you need to know on the #DopeBoo blog. The problem with most trực tuyến head shops is they’re only the middlemen for other sellers. Everything you see here is from a genuine online smoke cửa hàng staffed by a professional team of experts who use the same products you do.|We've made the world's best smoke cửa hàng with only the best bongs, vapes, and dab rigs. They all of the new and hottest brands, our new favorite being Mathematix Glass. They stock a long list of American made glass and offer free U.S. shipping on all products. Another plus is that their hassle-free returns and customer service are remarkable.
I used to be able to find good info from your blog posts.
priligy usa priligy uk
priligy 60 mg buy priligy online
Hi! Do you use Twitter? I'd like to follow you if that would be
ok. I'm absolutely enjoying your blog and look forward to new posts.
drugs for sale https://xlnpharmacy.com/ pharmacy canadian superstore
When I initially left a comment 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 get 4 emails with the same comment.
Perhaps there is an easy method you can remove me from that service?
Thanks a lot!
My page – เว็บสล็อตออนไลน์
BE SMART AND BECOME RICH IN LESS THAN 3DAYS....It all depends on how fast
you can be to get the new PROGRAMMED blank ATM card that is capable of
hacking into any ATM machine,anywhere in the world. I got to know about
this BLANK ATM CARD when I was searching for job online about a month
ago..It has really changed my life for good and now I can say I'm rich and
I can never be poor again. The least money I get in a day with it is about
$50,000.(fifty thousand USD) Every now and then I keeping pumping money
into my account. Though is illegal,there is no risk of being caught
,because it has been programmed in such a way that it is not traceable,it
also has a technique that makes it impossible for the CCTVs to detect
you..For details on how to get yours today, email the hackers on : (
firstname.lastname@example.org ). Tell your
loved once too, and start to live large. That's the simple testimony of how
my life changed for good...Love you all ...the email address again is ;
Hi my friend! I wish to say that this post is amazing, great written and include
almost all vital infos. I'd like to see extra posts like this .
Aw, this was a really nice post. Finding the time and actual effort to generate a superb article… but what can I say… I hesitate a whole lot and don't manage to get nearly anything done.
cheap cialis with dapoxetine https://ucialisdas.com/ cialis buy cheap with master card
I'm very happy to find this website. I want to to thank you for ones time due to this wonderful read!! I definitely appreciated every little bit of it and i also have you saved as a favorite to see new information on your web site.
chloroquinne https://chloroquineorigin.com/ is chloroquine safe
I like reading through an article that can make people think. Also, many thanks for permitting me to comment!
canadian drugs without prescription http://pharmacylo.com/ online pharmacy non prescription drugs
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735
I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich. ( email@example.com ) I email them also and they sent me the blank atm card. I have use it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.
Text & Call or WhatsApp: +18033921735
I’m impressed, I have to admit. Rarely do I come across a blog that’s both equally educative and interesting, and without a doubt, you have hit the nail on the head. The issue is something which too few people are speaking intelligently about. I am very happy I stumbled across this in my hunt for something concerning this.
The next time I read a blog, I hope that it won't fail me just as much as this particular one. I mean, Yes, it was my choice to read, nonetheless I actually believed you'd have something helpful to say. All I hear is a bunch of complaining about something you could possibly fix if you were not too busy seeking attention.
This website was... how do you say it? Relevant!! Finally I've found something that helped me. Cheers!
Its like you learn my thoughts! You seem to grasp a lot about
this, like you wrote the guide in it or something. I feel
that you simply can do with a few percent to drive the message
house a bit, but other than that, this is excellent blog.
A great read. I will definitely be back.
on line pharmacy https://xlnpharmacy.com/ best drug store foundation
I couldn’t refrain from commenting. Well written!
This is a very good tip especially to those fresh to the
blogosphere. Simple but very precise info… Thanks for sharing
this one. A must read post!
Look at my site :: สล็อตปลอดภัย
Please let me know if you're looking for a writer for your weblog.
You have some really great articles and I think I would be a good asset.
If you ever want to take some of the load off, I'd really like to write some articles for your blog in exchange for a link back to mine.
Please send me an email if interested. Kudos!
my site – ieclaw.com
Ahaa, its good discussion concerning this piece of wrijting
at this place att this weblog, I have read all that, so now me also
commenting at this place.
I was extremely pleased to discover this website. I need to to thank you for ones time for this wonderful read!! I definitely savored every part of it and I have you bookmarked to see new things on your blog.
I have to thank you for the efforts you have put in writing this blog. I'm hoping to see the same high-grade content from you later on as well. In fact, your creative writing abilities has inspired me to get my own website now 😉
Everything is very open with a clear description of the
challenges. It was definitely informative. Your website is very useful.
Many thanks for sharing!
That is a really good tip especially to those fresh to the blogosphere. Short but very precise info… Thanks for sharing this one. A must read post!
I want to to thank you for this very good read!! I certainly enjoyed every little bit of it. I've got you book-marked to look at new stuff you post…
yohimbine hcl viagra http://llviagra.com/ effects from viagra for men
buy cialis http://cialisee.com/ 365 pills cialis
After exploring a handful of the blog posts on your website, I truly appreciate your way of writing a blog. I book-marked it to my bookmark website list and will be checking back in the near future. Please check out my web site too and let me know your opinion.