Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking

Doctor, do you have enough money?

George Lundberg, MD
Physician
September 30, 2011
Share
Tweet
Share

Are you paid fairly for what you do?

How much are your services actually worth?

Of course you are worth more than you are paid. Enough money is never enough.

“The market decides.”

But, in medicine, there is no way that it is a “free market”; the American medical marketplace is historically rigged by innumerable visible and, to the average person, invisible factors.

We live in one world. Ask Detroit about wages for making American cars as good as the Japanese; ask North Carolina about wooden furniture; Motorola about manufacturing TVs and cell phones; Pittsburgh about steel; the garment district of Manhattan about clothing; Long Beach about passenger airplanes.

Why do you think medicine is immune to the economic realities of the global market?

Whether you participate in, or show open contempt for, American “organized medicine,” over the decades it has taken very good care of us American physicians.

In this month’s Health Affairs, a study supported by the Commonwealth Fund of New York reports that the 2008 per capita spending for U.S. physician services was $1,599 while per-person spending for physician services for the 34 member countries of the Organization for Economic Co-Operation and Development was $310.

In cross-country comparisons of primary care physicians and orthopedic surgeons, they reported that U.S. primary care physicians were paid 27% more for public insurance and 70% more for private insurance patients than their counterparts in Australia, Canada, France, Germany, and the U.K.

For orthopedists it was 70% more for public and 120% more for private insurance patients.

U.S. physician incomes, after expenses, including malpractice expenses, were also greatly higher.

The study did not assess true medical need, use of evidence-based medicine, or patient outcomes.

ADVERTISEMENT

Maybe all those doctors in other developed countries are seriously underpaid.

Or maybe … we American doctors … are … hmmm?

Of course, enough money is never enough.

George Lundberg is a MedPage Today Editor-at-Large and former editor of the Journal of the American Medical Association.

Originally published in MedPage Today. Visit MedPageToday.com for more health policy news.

Prev

A social media background is an asset in medicine

September 30, 2011 Kevin 17
…
Next

MKSAP: 75-year-old woman with a sudden loss of vision

October 1, 2011 Kevin 0
…

Tagged as: Public Health & Policy

Post navigation

< Previous Post
A social media background is an asset in medicine
Next Post >
MKSAP: 75-year-old woman with a sudden loss of vision

ADVERTISEMENT

More by George Lundberg, MD

  • a desk with keyboard and ipad with the kevinmd logo

    Pathologists face a stark career choice

    George Lundberg, MD
  • a desk with keyboard and ipad with the kevinmd logo

    A culture of cover-up has slowed the patient safety movement

    George Lundberg, MD
  • a desk with keyboard and ipad with the kevinmd logo

    Do drugs aid and abet genius or does genius lead to drugs?

    George Lundberg, MD

More in Physician

  • Reclaiming moral ambition in health care

    Mick Connors, MD
  • When language barriers become a medical emergency

    Monzur Morshed, MD and Kaysan Morshed
  • The burden of the eldest daughter

    Jessie Mahoney, MD
  • A doctor’s letter from a federal prison

    L. Joseph Parker, MD
  • A doctor’s tribute to her father

    Manisha Ghimire, MD
  • Treating autism and ADHD as a spectrum, not a contradiction

    Ronald L. Lindsay, MD
  • Most Popular

  • Past Week

    • A doctor’s letter from a federal prison

      L. Joseph Parker, MD | Physician
    • Why doctors are losing the health care culture war

      Rusha Modi, MD, MPH | Policy
    • The hypocrisy of insurance referral mandates

      Ryan Nadelson, MD | Physician
    • A cancer doctor’s warning about the future of medicine

      Banu Symington, MD | Physician
    • How functional medicine helps where conventional care falls short [PODCAST]

      The Podcast by KevinMD | Podcast
    • What MS can teach cardiologists about disease

      Larry Kaskel, MD | Physician
  • Past 6 Months

    • Rethinking the JUPITER trial and statin safety

      Larry Kaskel, MD | Conditions
    • The ignored clinical trials on statins and mortality

      Larry Kaskel, MD | Conditions
    • How one physician redesigned her practice to find joy in primary care again [PODCAST]

      The Podcast by KevinMD | Podcast
    • I passed my medical boards at 63. And no, I was not having a midlife crisis.

      Rajeev Khanna, MD | Physician
    • Why doctors must fight for a just health care system

      Alankrita Olson, MD, MPH & Ashley Duhon, MD & Toby Terwilliger, MD | Policy
    • The silent disease causing 400 amputations daily

      Xzabia Caliste, MD | Conditions
  • Recent Posts

    • Meeting transgender patients with compassion and equity in health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • Why your health is a portfolio to manage

      Larry Kaskel, MD | Conditions
    • Reclaiming moral ambition in health care

      Mick Connors, MD | Physician
    • Pain control failures in fertility clinics

      Maire Daugharty, MD | Conditions
    • Why what you do in midlife matters most

      Michael Pessman | Conditions
    • When language barriers become a medical emergency

      Monzur Morshed, MD and Kaysan Morshed | Physician

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

View 5 Comments >

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • A doctor’s letter from a federal prison

      L. Joseph Parker, MD | Physician
    • Why doctors are losing the health care culture war

      Rusha Modi, MD, MPH | Policy
    • The hypocrisy of insurance referral mandates

      Ryan Nadelson, MD | Physician
    • A cancer doctor’s warning about the future of medicine

      Banu Symington, MD | Physician
    • How functional medicine helps where conventional care falls short [PODCAST]

      The Podcast by KevinMD | Podcast
    • What MS can teach cardiologists about disease

      Larry Kaskel, MD | Physician
  • Past 6 Months

    • Rethinking the JUPITER trial and statin safety

      Larry Kaskel, MD | Conditions
    • The ignored clinical trials on statins and mortality

      Larry Kaskel, MD | Conditions
    • How one physician redesigned her practice to find joy in primary care again [PODCAST]

      The Podcast by KevinMD | Podcast
    • I passed my medical boards at 63. And no, I was not having a midlife crisis.

      Rajeev Khanna, MD | Physician
    • Why doctors must fight for a just health care system

      Alankrita Olson, MD, MPH & Ashley Duhon, MD & Toby Terwilliger, MD | Policy
    • The silent disease causing 400 amputations daily

      Xzabia Caliste, MD | Conditions
  • Recent Posts

    • Meeting transgender patients with compassion and equity in health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • Why your health is a portfolio to manage

      Larry Kaskel, MD | Conditions
    • Reclaiming moral ambition in health care

      Mick Connors, MD | Physician
    • Pain control failures in fertility clinics

      Maire Daugharty, MD | Conditions
    • Why what you do in midlife matters most

      Michael Pessman | Conditions
    • When language barriers become a medical emergency

      Monzur Morshed, MD and Kaysan Morshed | Physician

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Doctor, do you have enough money?
5 comments

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...