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Germany saves money by paying doctors $70k/yr. There isn’t a clever, low-impact policy shift that’ll save a ton of money in the US. Something really big has to
by testpostpls 7y ago
Germany saves money by paying doctors $70k/yr. There isn’t a clever, low-impact policy shift that’ll save a ton of money in the US. Something really big has to give.
- maxxxxx 7y agoI grew up there and the doctors I knew had very nice houses and cars. Maybe they were not as rich as of US doctors but certainly pretty well paid.
- acdha 7y agoDo you have a citation for that? The sources I found suggest that’s the starting salary and it goes up considerably.
- testpostpls 7y agoSome doctors are paid that little in Germany. Here’s an comparative analysis on 2008 data: average net outflows to physicians are higher, but it seems like US physicians may be receiving a substantially larger slice of the budgetary pie https://www.healthaffairs.org/doi/full/10.1377/hlthaff.2010.0204 https://www.healthaffairs.org/doi/full/10.1377/hlthaff.2010....
- acdha 7y agoThat shows MDs making almost twice what you claimed ($130k vs. $70k). Not as high as Americans but that seems insufficient to explain the huge cost differential.
- marchenko 7y agoGerman doctors have much lower school debt and relatively lower tort exposure. Salaries in Germany are significantly lower across the board, so German physicians enjoy similar financial positioning relative to other professionals, and high social status. Any attempt to reduce physician salaries in the US is going to have to also address medical school debt and physician insurance requirements & administrative overhead.