That’s a question that was discussed in our regional newspaper a few months ago. How much should doctors make? There was no firm answer. But I was intrigued by the question.
Some people might read this and think that I’m whining or being defensive. I’m really not. I mean, I make a comfortable living and I’m happy with it. That being said, more money is always nice, and I wouldn’t be disappointed if I suddenly was paid for all of the people I see. But that’s not what I’m talking about here.
What I want to know is, how much money should anyone make? And then, I want to know who decides. There’s a fair amount of talk among political progressives/liberals about trying to make the economic system more fair, more equitable. When I hear that, I always figure that it means trying to even things out and lower the top, raise the bottom. So, I’m wondering what’s too much money?
My sense is that the people who make too much money are generally those who make more than we do. I mean, for everyone. If someone makes more than a given individual, that individual frequently feels that the person making more makes too much.
However, we tolerate it in certain spheres. We don’t begrudge rappers their millions, or athletes theirs. We don’t complain, usually, about expensive attorneys if they’re on our side and doing a good job. We seldom complain about building contractors, since we know up front if we can afford their work, or the house they’re building for us.
No one bats an eye about the rising price of paying senators or congressmen, and we seem to stand in awe of the high prices commanded by former politicians just to speak at dinners. The salaries and benefits of tenured college professors seem to elicit a yawn in general conversation, even though the price of college is rising and college educations can be difficult for some kids to afford. ‘Oh well, he’s a professor. He’s earned a good living!’
We may moan about the fees of plumbers or heating and air guys (or gals), but we know we have to have them and so, we pony up the money and write the check. (And plenty of them make as much as physicians!) Then we kind of smile, knowing that those folks often have no college education and are really smoking the European Literature or Psychology degree holders when it comes to money earned.
On to medicine. Doctors just make too much money, right? I don’t know. Maybe, because medicine is something people need, rather than want, we think physicians get paid too much. Maybe we do, maybe we don’t. But I think there’s an inherent danger in the very question.
The idea of America has always been, not equal success, but equal opportunity to try and succeed. We have fallen down a lot, denying equal opportunity many times in the past. But we keep getting better.
I hope that we remember that. I hope that we don’t decide that someone, read ‘government’ is going to start deciding who makes how much. Because it won’t stop with medicine. It will go on and on until the control of compensation is far removed from the person doing the work, and barely influenced by the amount of effort or drive one puts into education and work itself.
I see a lot of working poor, and I admire them. We don’t, to my knowledge, initiate collections lawsuits against them. But we also see a lot of folks who simply won’t work. Young, healthy, capable and lazy as red-clay dirt. They may think we doctors make too much money. And the folks who want their votes may say so.
But who should really decide? Me, you, the federal government?
A tough question, but one that bears watching. By everyone, no matter how much or little they make.
Well, given the student loans, malpractice insurance, and years of resident salaries, I would say that physicians are generally not paid enough. But, for some reason, health-care has become an entitlement in this country. So everyone thinks someone else should pay for it.
Tom
16 years ago
You’re absolutely right. The ‘who’, will of course be the government if we continue down the road we’re on. I think the difference between the plumber (which we need if our pipes burst) and the doctor is the way in which payment decisions are made. I, as an individual, decide to hire the plumber and then I pay him with my own money. Doctors, in contrast, are hired by an individual and then (generally) paid at least partially with someone else’s money. Whether from the private insurance pool or from tax dollars. I think problems always arise when people, acting… Read more »
Actually, I do become a bit upset when a 21 year old is offered millions of dollars a year because he can play a childs game, be it baseball, football or basketball. And more so when that kind of money is poured out to children who can act or sing, who then grow up with the moral values of ally cats. It’s even worse when it goes to adults for acting or singing who quickly forget that no one is entitled and as far as it goes, you are the way you behave. I do not begrudge my doctors what… Read more »
Emmy, Without question, your son deserves far more money than he gets. I’d raise his salary dramatically if it were up to me! It’s one thing to work, but quite another to work while in danger of bullets, IED’s, RPG’s, mortars and kidnapping. Thanks for your comment, and my sincerest regards to your son. And as for the drug costs, for what it’s worth, I always write for generic and try to help folks meet the WalMart $4 list when I can. Very few problems require new, brand-name drugs. Most can be solved with older, very inexpensive ones. And you’re… Read more »
Mike Shapleski
16 years ago
That’s an interesting question. My initial response would be, if I or any member of my family were seriously ill I would want my doctor earning a very high salary. Although it would cost me a lot I could be assured that only the very best could command such a high rate, and therefore that the treatment/advice I am getting is of a high quality. However if I could not afford such a price then I would have to settle for the doctor who scored 51% on the doctoring exam. If the government decided that it would be a good… Read more »
What could be more important than having a good doctor or surgeon take care of you? Inorder to attract these individuals with interest in providing commpasionate care for patients, unique skill set, and extensive training salaries are a must. Next time you have a serious health problem who will you chose…the professional sports player who makes 5 million a year or the doctor/surgeon who will not make anywhere near this one year salary this over his or her life time. Who is more valuable to society? Poor compensation rates from health insurance companies, high over head cost to run a… Read more »
David
15 years ago
For those of you that think nationalized health care would be better
please watch the link below.
As soon as you let government decide how much you should be paid America
as we know it is done and there is no going back.
EYES
15 years ago
If you think doctors are getting paid too much, how about the insurance companies that take more than half their income? Most of the people are not paying doctors, they are paying the rich insurance companies, which in turn are owned by politicians that make all the health-care policy rules… But, I don’t know. Honestly, my dad is a doctor and he works literally 17 hours a day. Sometimes he has to work overnight in hospitals. When I am stayed up late studying during high school past midnight, I see him come home, with bloodshot eyes, fatigued. needing sleep. And… Read more »
The government should regulate what doctors can charge. Yes we need doctors. Yes they are smart, have degrees, and keep us healthy. However doctors fees are the root of Americas health care crisis in 2010. As a consumer do you think it’s fair a doctors charges $75 for a general exam and another doctor in the same city is charging $200 for the exact same service. Well that is what is happening everyday across America. Everyone points fingers at health insurance companies but the health care crisis is not all there fault. The government regulates taxes and so many things… Read more »
Family outdoor fun is a nice way to bond but be cautious excessive UV rays causes early aging, tight dry skin, and brown spots which may turn into Basal cell carcinoma. If you want that tan try Self-Tanning Sprays or Tanning Beds instead.
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Thanks for every other informative blog. The place else may I am getting that type of info written in such an ideal approach? I’ve a project that I am simply now running on, and I’ve been on the glance out for such information.
Oh my goodness! Impressive article dude! Many thanks, However I am going through issues with your RSS. I don’t know the reason why I can’t subscribe to it. Is there anybody getting similar RSS problems? Anybody who knows the solution will you kindly respond? Thanks!!
My brother suggested I might like this blog. He was once totally right. This put up truly made my day. You cann’t imagine simply how a lot time I had spent for this info! Thank you!
The following time I read a weblog, I hope that it doesnt disappoint me as a lot as this one. I mean, I do know it was my option to read, but I actually thought youd have something attention-grabbing to say. All I hear is a bunch of whining about something that you would repair if you werent too busy searching for attention.
I would like to show my gratitude for your kind-heartedness giving support to those who absolutely need help on this area. Your personal dedication to getting the message throughout appeared to be extraordinarily helpful and has surely helped women much like me to arrive at their targets. Your own insightful guidelines implies this much to me and even more to my office workers. Best wishes; from each one of us.
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Well, given the student loans, malpractice insurance, and years of resident salaries, I would say that physicians are generally not paid enough. But, for some reason, health-care has become an entitlement in this country. So everyone thinks someone else should pay for it.
You’re absolutely right. The ‘who’, will of course be the government if we continue down the road we’re on. I think the difference between the plumber (which we need if our pipes burst) and the doctor is the way in which payment decisions are made. I, as an individual, decide to hire the plumber and then I pay him with my own money. Doctors, in contrast, are hired by an individual and then (generally) paid at least partially with someone else’s money. Whether from the private insurance pool or from tax dollars. I think problems always arise when people, acting… Read more »
Actually, I do become a bit upset when a 21 year old is offered millions of dollars a year because he can play a childs game, be it baseball, football or basketball. And more so when that kind of money is poured out to children who can act or sing, who then grow up with the moral values of ally cats. It’s even worse when it goes to adults for acting or singing who quickly forget that no one is entitled and as far as it goes, you are the way you behave. I do not begrudge my doctors what… Read more »
Emmy, Without question, your son deserves far more money than he gets. I’d raise his salary dramatically if it were up to me! It’s one thing to work, but quite another to work while in danger of bullets, IED’s, RPG’s, mortars and kidnapping. Thanks for your comment, and my sincerest regards to your son. And as for the drug costs, for what it’s worth, I always write for generic and try to help folks meet the WalMart $4 list when I can. Very few problems require new, brand-name drugs. Most can be solved with older, very inexpensive ones. And you’re… Read more »
That’s an interesting question. My initial response would be, if I or any member of my family were seriously ill I would want my doctor earning a very high salary. Although it would cost me a lot I could be assured that only the very best could command such a high rate, and therefore that the treatment/advice I am getting is of a high quality. However if I could not afford such a price then I would have to settle for the doctor who scored 51% on the doctoring exam. If the government decided that it would be a good… Read more »
What could be more important than having a good doctor or surgeon take care of you? Inorder to attract these individuals with interest in providing commpasionate care for patients, unique skill set, and extensive training salaries are a must. Next time you have a serious health problem who will you chose…the professional sports player who makes 5 million a year or the doctor/surgeon who will not make anywhere near this one year salary this over his or her life time. Who is more valuable to society? Poor compensation rates from health insurance companies, high over head cost to run a… Read more »
For those of you that think nationalized health care would be better
please watch the link below.
https://www.truveo.com/Daniel-Hannan-on-Hannity-March-26th-2009/id/64262223
As soon as you let government decide how much you should be paid America
as we know it is done and there is no going back.
If you think doctors are getting paid too much, how about the insurance companies that take more than half their income? Most of the people are not paying doctors, they are paying the rich insurance companies, which in turn are owned by politicians that make all the health-care policy rules… But, I don’t know. Honestly, my dad is a doctor and he works literally 17 hours a day. Sometimes he has to work overnight in hospitals. When I am stayed up late studying during high school past midnight, I see him come home, with bloodshot eyes, fatigued. needing sleep. And… Read more »
The government should regulate what doctors can charge. Yes we need doctors. Yes they are smart, have degrees, and keep us healthy. However doctors fees are the root of Americas health care crisis in 2010. As a consumer do you think it’s fair a doctors charges $75 for a general exam and another doctor in the same city is charging $200 for the exact same service. Well that is what is happening everyday across America. Everyone points fingers at health insurance companies but the health care crisis is not all there fault. The government regulates taxes and so many things… Read more »
Family outdoor fun is a nice way to bond but be cautious excessive UV rays causes early aging, tight dry skin, and brown spots which may turn into Basal cell carcinoma. If you want that tan try Self-Tanning Sprays or Tanning Beds instead.
Merely to follow up on the update of this theme on your web site and would wish to let you know how much I appreciated the time you took to publish this handy post. Inside the post, you spoke on how to seriously handle this challenge with all comfort. It would be my own pleasure to build up some more concepts from your web-site and come as much as offer other people what I have learned from you. Thank you for your usual terrific effort.
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Oh my goodness! Impressive article dude! Many thanks, However I am going through issues with your RSS. I don’t know the reason why I can’t subscribe to it. Is there anybody getting similar RSS problems? Anybody who knows the solution will you kindly respond? Thanks!!
My brother suggested I might like this blog. He was once totally right. This put up truly made my day. You cann’t imagine simply how a lot time I had spent for this info! Thank you!
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The following time I read a weblog, I hope that it doesnt disappoint me as a lot as this one. I mean, I do know it was my option to read, but I actually thought youd have something attention-grabbing to say. All I hear is a bunch of whining about something that you would repair if you werent too busy searching for attention.
I would like to show my gratitude for your kind-heartedness giving support to those who absolutely need help on this area. Your personal dedication to getting the message throughout appeared to be extraordinarily helpful and has surely helped women much like me to arrive at their targets. Your own insightful guidelines implies this much to me and even more to my office workers. Best wishes; from each one of us.