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Vault Message Board: Health Care

Topic Name: life as a physician
Message Name: Indeed out of touch!
Date Posted: 04/24/2001
In Reply To: First, I didn't suggest that doctors are being "shortchanged". I'm merely saying that medicine is not a field to enter (in general) if you are primarily interested in making money (and not interested in a lot of debt). Using ophthalmology as an example of physician incomes is not appropriate, since they clearly make much more than the average doc, and certainly much, much more than the average primary care (pediatrics, gyn, internal med). Yes, you CAN make some money in medicine, but ophthalmology is a limited, very competitive field. I doubt that I would have "starved to death" in any other field, and I don't see what that has to do with this discussion. Additionally, I'm not a fan of the AMA (or a member), but it is not a "union" in any sense of the word. The AMA isn't promoting that doctors don't make money, either. And what exactly do you mean by "artifical regulation of doctors numbers"???
Message: The artificial regulation of doctors numbers refers to the limited number of accredited medical schools and the intensely competitive entry requirements. No other profession has so many barriers to entry. This is a reflection of the arrogance of the medical profession as well as its avarice. Whenever someone approaches me with a lust for money I invariably inquire about the risks they are willing to take in earning mega bucks. Obviously an investment banker might earn obscene sums but he also might not. There is no question that a greedy but risk averse person should pursue a career in medicine as it promises good dollars at a very low risk. There a very few specialties that do not have high earning potentials. The gynacologists and pediatricians who you so readily discount can also earn huge sums of money. I know plenty of gynos earning $400k plus. There is no point concealing the huge money in medicine; it is so apparent to anybody who keeps their eyes open.

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