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Whenever talking about America, you need to do a massive cost-of-living adjustment for the entire system. For instance, a general practitioner in Germany can ex
by atwood22 4y ago
Whenever talking about America, you need to do a massive cost-of-living adjustment for the entire system. For instance, a general practitioner in Germany can expect to earn around 3,000 Euros after taxes per month, and a surgeon barely grosses six figures. Ask a doctor in America if they'd be willing to work for that salary. And the same adjustment needs to be made for nurses, administrative staff, pharma employees, device manufacturers, medical suppliers, etc.
Edit: since I've being downvoted, I just wanted to clarify I'm neither agreeing with or disagreeing with the assertion that the U.S. spends enough to have the best medical system. I'm just highlighting the fact that, in general, highly skilled labor in the U.S. often earns 3-5x (or more) than highly skilled labor in other countries.
- bombcar 4y agoI wonder if the German surgeon would work in the US for some smaller amount of salary increase (though I suspect everything in the US is designed to prevent this).
- willcipriano 4y agoGlobalization is apparently good in all contexts except medicine and law, the two most common fields of employment for a congressperson or senator. The AMA would scream bloody murder if someone seriously proposed hiring foreign doctors to stem the shortage they caused by limiting residency slots for decades.
- kelseyfrog 4y agoThe AMA limitations of residencies and restrictions on foreign doctors should be challenged though anti-trust litigation.[1] 1. https://journalofethics.ama-assn.org/article/challenging-medical-residency-matching-system-through-antitrust-litigation/2015-02 https://journalofethics.ama-assn.org/article/challenging-med...