- jdoc; I'm going to use your field of work as an example to illustrate 'spreading the wealth'. Don't view this from the perspective of what a typical resident earns ($45,000-50,000 I gather; perhaps more if you blue-light)...view this after it is all said and done. On average; physicians are paid quite handsomely (especially if you're dealing in a specialty). Why do doctors make what they do; just as why a lot of other professionals (engineers, lawyers, etc.) make what they do? Well in the case of physicians; they earn what they do because of strong and persistent lobbying for physicians over the past 40 years that has elevated their pay to the amount it has.
On the flipside; healthcare-related costs cause thousands to go bankrupt each year. How does this tie into physicians, every other person and spreading the wealth? Well doctors don't earn the salary they do because of 'hard work' per se; because surely MANY other fields of work (whether it be blue or white collar)...put in just as much work/hard work and time into what they do.
So perhaps the structure of salaries should be overhauled so that the component of healthcare-costs that physicians contribute to the equation...will leave more money in the pockets of people who pay an arm, leg and an eye for healthcare as it is. Why can't 'spreading the wealth' be looked at it that way?03-08-09 12:00 AMLike 0 -
- Easy bud, the amount of school and expense there of, is just a portion of the cost that makes a doctors wages so high. Tie in the insurance costs, and constantly improving equipment they have to have and your starting to get a good idea. They're also usually required to take Medicare/Medicaid patients, programs which reimburse very little, so they have losses to make up. Then there's the other costs involved in health, such as ever advancing medications that take a tremendous amount of research to develop, and inevitable law suits from side effects.
Generally, the higher the skill set, the higher the pay. I'm sure the guy at your local garage works his tail off, but until he can build like Chip Foose, he's just not going to make that kind of money. Now play nice, I wasn't kissing his a**, I was asking him not to rip yours!03-08-09 12:36 AMLike 0 -
Tie in the insurance costs, and constantly improving equipment they have to have and your starting to get a good idea.
As far as the insurance/equipment costs goes...this shows that the entire top-down component of our healthcare system is gouging the average American. So don't just be hung-up on one one component of healthcare (Physician salary)...think about the overall picture of it; that's my point. Reduction in the cost of the components that comprise healthcare would in turn reduce the OVERALL cost of healthcare. This would put more money in the pockets of consumers.
They're also usually required to take Medicare/Medicaid patients, programs which reimburse very little, so they have losses to make up. Then there's the other costs involved in health, such as ever advancing medications that take a tremendous amount of research to develop, and inevitable law suits from side effects.
Lawsuits and litigation that arise out of possible side effects connected to drugs? That is a a different beast within the pharmaceutical-industry that shouldn't be passed down (but is)...it should be swallowed as cost of doing business. The pharmaceutical companies are one of the biggest (if not THE biggest) pirates in the healthcare spectrum.
Generally, the higher the skill set, the higher the pay.
I'm sure the guy at your local garage works his tail off, but until he can build like Chip Foose, he's just not going to make that kind of money. Now play nice, I wasn't kissing his a**, I was asking him not to rip yours!
So now you're his personal counsel on top of being his cheerleader by saying that you were instructing him not to 'rip' my a**? How cute. Now, now...since you're telling me to play nice; how about you play nice in the sandbox you're more familiar with (and should stick with)...rather than chartering territory that'll rip you a new one.
If that were to happen; the ensuing medical bills wouldn't be cheap...just looking out for you bud.Last edited by Fence; 03-08-09 at 01:20 AM.
03-08-09 01:17 AMLike 0 - Government running health care wont make it better ,it will complicate it more.
A simple fix to health care -Cut out government waste
Those in power are loading their pockets with are money then wanting to take more for are health care dreams which is unacceptable.
Insurance Companies are out of control!! , Drug Companies are gauging consumers!!If government wants to place some regulation on them I'm all for it.
Good stuff
Insider's Rx For Drug Costs - CBS News
Fence ,whats up with your avatar...is that a prison fence?Last edited by Slingbox; 03-08-09 at 04:07 AM.
03-08-09 03:24 AMLike 0 - Fence, if you want to advocate for equal pay regardless of skill/knowledge, that's fine. It will only serve to reduce the desire to achieve. It's called communism, and while it works in theory, it never works in practice.03-08-09 07:03 AMLike 0
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A simple fix to health care -Cut out government waste
Those in power are loading their pockets with are money then wanting to take more for are health care dreams which is unacceptable.
Insurance Companies are out of control!! , Drug Companies are gauging consumers!!If government wants to place some regulation on them I'm all for it.
Fence ,whats up with your avatar...is that a prison fence?
Originally Posted by BigBadWolfFence, if you want to advocate for equal pay regardless of skill/knowledge, that's fine. It will only serve to reduce the desire to achieve. It's called communism, and while it works in theory, it never works in practice.
Posted from my CrackBerry at wapforums.crackberry.com03-08-09 09:23 AMLike 0 - Fence, I'm trying to follow you, it's probably me.
You said that knowledge is not a skill. Does that mean a teacher is not a skill position? Would that mean that Einstein had no skills.
You also said that insurance and lawsuits should not figure into pricing. How can you pick and choose which costs to factor into a P&L. Don't all costs have to be incorporated to factor market price? It has in every business I've run.
Finally, it would be nice to lower the costs of developing products. How would you suggest that be done?03-08-09 10:55 AMLike 0 -
It doesn't make sense that people are going bankrupt paying for medical care that is partly so high because of sustaining this high cost environment that healthcare has lobbied its way into.
You also said that insurance and lawsuits should not figure into pricing. How can you pick and choose which costs to factor into a P&L. Don't all costs have to be incorporated to factor market price? It has in every business I've run.
Finally, it would be nice to lower the costs of developing products. How would you suggest that be done?
Posted from my CrackBerry at wapforums.crackberry.com03-08-09 11:49 AMLike 0 - Yes, I do believe that insurance regulation, enacted by congress, and I'm sure involving lobbyists has contributed greatly to the overall cost. If people had to pay out of pocket, they would shop, and the competition would cause the price to go down.
It hasn't been a matter of excepting what is though, the medical industry has evolved due to government, and almost everything they have done to curb costs has had the opposite result. Take Hillary Clinton's regulation on the vaccine industry. She wrote and got passed law to regulate the pricing. That in turn caused fewer manufacturers to make vaccines, and a severe shortage a few years ago. Then the government had to step in again and make up costs to manufacturers to get them to generate enough to keep up with demand. We all paid, and the price is higher today because of the reduction in competition. Or the doctor who wanted to charge a flat rate per month to his clients, and they could see him as often as they wished, and use any service he offered. He was not allowed even though it would have saved them money, because it would be considered insurance and he's not licensed to sell that.
Pretty much it's all about deregulation and good old capitalist competition in my book. Get the government more involved and you'll get lower quality and higher costs.03-08-09 12:21 PMLike 0 - What does government running healthcare have anything to do with my point?? If you read my words and the point they're making...I'm simply stating that lowering the costs of certain components of 'doing business' in particular fields...it will put more money in the pockets of Americans (spreading the wealth this way).
Just curious , Ive never seen such picture as avatar ,maybe you did time..out on parole lolLast edited by Slingbox; 03-08-09 at 01:57 PM.
03-08-09 01:51 PMLike 0
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