"Is it a rounding error?" Likely yes: https://i2.wp.com/www.dgarciamd.com/wp-content/uploads/2016/07/chart-Administrator-cost.png https://i2.wp.com/www.dgarcia

"Is it a rounding error?" Likely yes: https://i2.wp.com/www.dgarciamd.com/wp-content/uploads/2016/07/chart-Administrator-cost.png https://i2.wp.com/www.dgarciamd.com/wp-content/uploads/2016/... "There are a lot of doctors, every one of them making a lot of money." So what? That's the way it is supposed to work for highly skilled jobs adding tons of societal value in our capitalist society. What, sacrificing your 20s and 30s isn't enough for you? You also want doctors to sacrifice their future, their comfort into adulthood, and their retirement? All the while keeping a steady hand on the scalpel while they operate on you and your children? There is nothing wrong with well trained and well skilled people getting paid to do what they love -- especially if that hugely benefits society. Go looking for overpaid waste in leech sectors like finance and insurance instead. I agree with you on the rest. Doctor pay isn't a "racket" though -- you are seeking the wrong boogeyman. Remember, in the healthcare system, they are the ones adding so much of the value, at the cost of personal time, training time, opportunity cost, and emotional cost. Can the same be said by the millions of administrators in the back office of highly profitable private insurers?