6 ms·

Salaries probably pay factor as well? Check the sunshine list, plenty of radiologists making 600k/year. That's literally 10x of the median salary.

by betaby 1y ago

thmsths 1y ago
That does not explain everything. While you could make a reasonable case that doctors are overpaid in the US, the same budgetary crisis is happening all over Europe where salaries are much lower.
- betaby 1y ago
  The crisis in France is clearly not on the same level that is in Quebec. It's not the only factor, but a serious one. As a continuation of it we have a heavily caped number of doctors what can be 'minted' every year. Same caps exist in the USA states.
  - genericacct 1y ago
    This also happens in Italy, there's a maximum number of people who can get into med school. However, even though some complain of being overworked, some others complain that increasing that maximum number will lead to unemployment. So apparently medical professionals can either be overworked or unemployed, there is no in between..
nicoburns 1y ago
Perhaps in the US, but nobody is getting paid that in most public European systems. A quick google suggests that the absolute highest pay band for a doctor in the UK is ~£142k (~$190k USD). And there won't be many making that. See: https://www.worktheworld.co.uk/blog/highest-paying-medical-jobs https://www.worktheworld.co.uk/blog/highest-paying-medical-j...
couchridr 1y ago
Sure but at least radiologists do something. What do hospital administrators do? Like a university a hospital has bureaucracy that grows.
zeagle 1y ago
This cherrypicks a high billing specialty, doesn't appreciate an overhead of 25-40% for most physicians, and also overestimates the proportion of physician salaries in healthcare budgets (~15%). You could literally pay physicians half and not save that much. Also is that too high? I know a guy in his early 40s still finishing his 2nd radiology fellowship (4 years undergrad, 4 years med school, 5 years radiology, 1-2 years each fellowship = cost of his 20s/30s) to get a job... I find HN comments on healthcare compensation when it comes up funny because on the other hand compensation expectations in the tech gold mine here are justified. E.g. I take home less in CDN dollars than an L3 SE at google without benefits. I'm happy with what I do/get but there is a mismatch in rationalizing high compensation, markedly more years of university and training, and from my point providing a societal benefit.

Salaries probably pay factor as well? Check the sunshine list, plenty of radiologists making 600k/year. That's literally 10x of the median salary.

by betaby 1y ago

Salaries probably pay factor as well? Check the sunshine list, plenty of radiologists making 600k/year. That's literally 10x of the median salary.

thmsths 1y ago

That does not explain everything. While you could make a reasonable case that doctors are overpaid in the US, the same budgetary crisis is happening all over Europe where salaries are much lower.

betaby 1y ago
The crisis in France is clearly not on the same level that is in Quebec. It's not the only factor, but a serious one. As a continuation of it we have a heavily caped number of doctors what can be 'minted' every year. Same caps exist in the USA states.
- genericacct 1y ago
  This also happens in Italy, there's a maximum number of people who can get into med school. However, even though some complain of being overworked, some others complain that increasing that maximum number will lead to unemployment. So apparently medical professionals can either be overworked or unemployed, there is no in between..

nicoburns 1y ago

Perhaps in the US, but nobody is getting paid that in most public European systems. A quick google suggests that the absolute highest pay band for a doctor in the UK is ~£142k (~$190k USD). And there won't be many making that. See: https://www.worktheworld.co.uk/blog/highest-paying-medical-jobs https://www.worktheworld.co.uk/blog/highest-paying-medical-j...

couchridr 1y ago

Sure but at least radiologists do something. What do hospital administrators do? Like a university a hospital has bureaucracy that grows.

zeagle 1y ago

This cherrypicks a high billing specialty, doesn't appreciate an overhead of 25-40% for most physicians, and also overestimates the proportion of physician salaries in healthcare budgets (~15%). You could literally pay physicians half and not save that much. Also is that too high? I know a guy in his early 40s still finishing his 2nd radiology fellowship (4 years undergrad, 4 years med school, 5 years radiology, 1-2 years each fellowship = cost of his 20s/30s) to get a job... I find HN comments on healthcare compensation when it comes up funny because on the other hand compensation expectations in the tech gold mine here are justified. E.g. I take home less in CDN dollars than an L3 SE at google without benefits. I'm happy with what I do/get but there is a mismatch in rationalizing high compensation, markedly more years of university and training, and from my point providing a societal benefit.