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> Some disciplines like OB are forced to pay a quarter of a million in malpractice insurance every year just to practice That's one and a half premature babies
by willcipriano 4y ago
> Some disciplines like OB are forced to pay a quarter of a million in malpractice insurance every year just to practice
That's one and a half premature babies[0], or ten c-section babies. That number could be low or high depending on the average number of babies that OB is working with.
[0] "a premature baby spends an average of 25.4 days in a speciality care nursery at an average cost of $144,692" - https://www.oviahealth.com/blog/the-real-cost-of-preterm-birth-how-to-save-lives-and-save-millions https://www.oviahealth.com/blog/the-real-cost-of-preterm-bir...
[1] "A cesarean section (C-section) is much more expensive, costing an average of $22,646 including standard predelivery and postdelivery expenses." - https://www.valuepenguin.com/cost-childbirth-health-insurance https://www.valuepenguin.com/cost-childbirth-health-insuranc...
- dzink 4y ago1/10 or less of that money is going to the OB. The facility collects a far bigger chunk. If you break down the hours worked by the amount doctors get actually paid, they are a tiny tiny share of health expenses and often make very low $ per hour worked. The biggest expenses go towards insurance, defensive tests, hospital management, and expensive specialized materials.