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This is done by design. Constraining the supply while demand steadily increases is a recipe for increasing the salaries and the prestige of being a doctor. Wha
by GiorgioG 5y ago
This is done by design. Constraining the supply while demand steadily increases is a recipe for increasing the salaries and the prestige of being a doctor.
What's the medical equivalent of 'code schools'? There isn't any because you can't practice medicine without a license in the United States.
- tbihl 5y agoThe answer, as much as there is one, is PA schools. 2-2.5 year programs, overwhelmingly attended by women, after which you make solidly middle class money and do almost all the work people demand to see doctors for.
- mushbino 5y agoPhysician salaries have been declining. The extra profit has been steadily taken by insurance companies, administration, pharma, and device manufacturers. Residency acceptance is restricted by demand, not the other way around. My partner is in their last year of residency.
- yardie 5y agoGP, or PCP, salaries are down. Pushing new entrants with huge loans into specializations, which pay better. So you have a huge demand at the basic level and a limited supply since fewer doctors want to do general practice. The market should take care of this, but you have the monopsony of insurers controlling reimbursement.
- rscho 5y ago> What's the medical equivalent of 'code schools'? Caribbean med school.