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

  • How pro hockey prepared me for residency challenges

    Brett Ponich, MD
  • A pediatrician’s medical service in war and peace

    Ronald L. Lindsay, MD
  • Rural health care access: Japan vs. U.S.

    Vikram Madireddy, MD, Hana Asami, and Taiga Nakayama
  • The devaluation of physicians in health care

    Allan Dobzyniak, MD
  • A doctor’s ritual: Reading obituaries

    Emma Jones, MD
  • The physician’s change cycle: Why doctors stay stuck

    Shannon M. Foster, MD
  • Most Popular

  • Past Week

    • Patient modesty in health care matters

      Misty Roberts | Conditions
    • California’s opioid policy hypocrisy

      Kayvan Haddadan, MD | Conditions
    • A lesson in empathy from a young patient

      Dr. Arshad Ashraf | Physician
    • Cancer care’s financial toxicity [PODCAST]

      The Podcast by KevinMD | Podcast
    • Understanding the deadly gaps in pediatric dental safety [PODCAST]

      The Podcast by KevinMD | Podcast
    • My late ADHD diagnosis in med school

      Suji Choi | Education
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The paradox of primary care and value-based reform

      Troyen A. Brennan, MD, MPH | Policy
    • Why CPT coding ambiguity harms doctors

      Muhamad Aly Rifai, MD | Physician
  • Recent Posts

    • Cancer care’s financial toxicity [PODCAST]

      The Podcast by KevinMD | Podcast
    • How pro hockey prepared me for residency challenges

      Brett Ponich, MD | Physician
    • A pediatrician’s medical service in war and peace

      Ronald L. Lindsay, MD | Physician
    • How an AI medical scribe saved my practice

      Ashten Duncan, MD | Tech
    • Physician boundaries: When compassion causes harm

      Gerald Kuo | Conditions
    • Rural health care access: Japan vs. U.S.

      Vikram Madireddy, MD, Hana Asami, and Taiga Nakayama | 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

    • Patient modesty in health care matters

      Misty Roberts | Conditions
    • California’s opioid policy hypocrisy

      Kayvan Haddadan, MD | Conditions
    • A lesson in empathy from a young patient

      Dr. Arshad Ashraf | Physician
    • Cancer care’s financial toxicity [PODCAST]

      The Podcast by KevinMD | Podcast
    • Understanding the deadly gaps in pediatric dental safety [PODCAST]

      The Podcast by KevinMD | Podcast
    • My late ADHD diagnosis in med school

      Suji Choi | Education
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The paradox of primary care and value-based reform

      Troyen A. Brennan, MD, MPH | Policy
    • Why CPT coding ambiguity harms doctors

      Muhamad Aly Rifai, MD | Physician
  • Recent Posts

    • Cancer care’s financial toxicity [PODCAST]

      The Podcast by KevinMD | Podcast
    • How pro hockey prepared me for residency challenges

      Brett Ponich, MD | Physician
    • A pediatrician’s medical service in war and peace

      Ronald L. Lindsay, MD | Physician
    • How an AI medical scribe saved my practice

      Ashten Duncan, MD | Tech
    • Physician boundaries: When compassion causes harm

      Gerald Kuo | Conditions
    • Rural health care access: Japan vs. U.S.

      Vikram Madireddy, MD, Hana Asami, and Taiga Nakayama | 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...