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

What if doctors worked for free?

Hans Duvefelt, MD
Policy
June 15, 2013
Share
Tweet
Share

Today I am going to write about how the US could save up to 10% on its healthcare bill.

The US spends more on health care than any other nation, $8,500 per person per year. Multiply that by 300 million people and try to grasp the vast sum of $2,5 trillion.

A lot of changes are taking place with the intent to save healthcare dollars. So far, many of those changes have involved creating new layers of middlemen, whose paychecks will come out of the same healthcare budget as MRIs, prescription medicines and physician salaries.

Every so often physician salaries come into focus as a place where money might be saved. Some people even picture physician pay as a major driver of healthcare costs.

Now, I am just a country doctor, and I don’t have an MBA or any financial background. But I used to be pretty good at math, and I’d like to think I still am.

If the 2.5 trillion dollars this country spends on healthcare is paid to or prescribed by our 850,000 physicians, then each doctor controls 3 million dollars from our nation’s healthcare budget.

Of course, physicians aren’t the only providers or prescribers. I don’t have a figure for how much money is controlled by our 100,000 nurse practitioners and 70, 000 physician assistants. I also don’t know what portion of our 50,000 chiropractors’ work falls inside the traditional healthcare budget, but let me assume each physician on average controls only 2-2.5 million dollars worth of products or services.

Then, if every physician took a $200,000 pay cut, we could reduce our healthcare spending by up to 10%!

This would be a 50% pay cut for many surgeons, and would actually make the average primary care doctor have to pay Uncle Sam for the privilege of working. I suspect most wouldn’t.

Is 10% too much to pay the providers of the intellectual and procedural services that are still necessary for $3,000 MRIs and $200/month prescriptions to be used for the right reasons and produce the right outcomes for patients?

Would a symphony fire the conductor to save less than 10%? And would we still want to hear the music if they did?

“A Country Doctor” is a family physician who blogs at A Country Doctor Writes:.

Prev

A day in the life of a home care nurse practitioner

June 15, 2013 Kevin 4
…
Next

Fear is a primal emotion in medicine

June 15, 2013 Kevin 3
…

ADVERTISEMENT

Tagged as: Primary Care, Public Health & Policy

Post navigation

< Previous Post
A day in the life of a home care nurse practitioner
Next Post >
Fear is a primal emotion in medicine

ADVERTISEMENT

More by Hans Duvefelt, MD

  • The art of asking where it hurts

    Hans Duvefelt, MD
  • Thinking like a plumber when adjusting medications

    Hans Duvefelt, MD
  • The American food conspiracy

    Hans Duvefelt, MD

More in Policy

  • Student loan cuts for health professionals

    Naa Asheley Ashitey
  • Why lab monkey escapes demand transparency

    Mikalah Singer, JD
  • The political selectivity of medical freedom: a double standard

    Arthur Lazarus, MD, MBA
  • Understanding alternative drug funding programs

    Martha Rosenberg
  • The impact of policy cuts on ableism in health care

    Ashna Shome, MD
  • Accountable care cooperatives: a community-owned health care fix

    David K. Cundiff, MD
  • Most Popular

  • Past Week

    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Why insurance must cover home blood pressure monitors

      Soneesh Kothagundla | Conditions
    • The dangers of oral steroids for seasonal illness

      Megan Milne, PharmD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Catching type 1 diabetes before it becomes life-threatening [PODCAST]

      The Podcast by KevinMD | Podcast
    • The consequences of adopting AI in medicine

      Jordan Liz, PhD | Tech
  • Past 6 Months

    • The blind men and the elephant: a parable for modern pain management

      Richard A. Lawhern, PhD | Conditions
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Is primary care becoming a triage station?

      J. Leonard Lichtenfeld, MD | Physician
    • Psychiatrists are physicians: a key distinction

      Farid Sabet-Sharghi, MD | Physician
    • Why feeling unlike yourself is a sign of physician emotional overload

      Stephanie Wellington, MD | Physician
    • The U.S. gastroenterologist shortage explained

      Brian Hudes, MD | Physician
  • Recent Posts

    • Student loan cuts for health professionals

      Naa Asheley Ashitey | Policy
    • GLP-1 psychological side effects: a psychiatrist’s view

      Farid Sabet-Sharghi, MD | Conditions
    • Why lab monkey escapes demand transparency

      Mikalah Singer, JD | Policy
    • Emotional awareness and expression therapy explained

      David Clarke, MD | Conditions
    • Lemon juice for kidney stones: Does it work?

      David Rosenthal | Conditions
    • Tangible support saves health care workers from systemic collapse [PODCAST]

      The Podcast by KevinMD | Podcast

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 30 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

    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Why insurance must cover home blood pressure monitors

      Soneesh Kothagundla | Conditions
    • The dangers of oral steroids for seasonal illness

      Megan Milne, PharmD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Catching type 1 diabetes before it becomes life-threatening [PODCAST]

      The Podcast by KevinMD | Podcast
    • The consequences of adopting AI in medicine

      Jordan Liz, PhD | Tech
  • Past 6 Months

    • The blind men and the elephant: a parable for modern pain management

      Richard A. Lawhern, PhD | Conditions
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Is primary care becoming a triage station?

      J. Leonard Lichtenfeld, MD | Physician
    • Psychiatrists are physicians: a key distinction

      Farid Sabet-Sharghi, MD | Physician
    • Why feeling unlike yourself is a sign of physician emotional overload

      Stephanie Wellington, MD | Physician
    • The U.S. gastroenterologist shortage explained

      Brian Hudes, MD | Physician
  • Recent Posts

    • Student loan cuts for health professionals

      Naa Asheley Ashitey | Policy
    • GLP-1 psychological side effects: a psychiatrist’s view

      Farid Sabet-Sharghi, MD | Conditions
    • Why lab monkey escapes demand transparency

      Mikalah Singer, JD | Policy
    • Emotional awareness and expression therapy explained

      David Clarke, MD | Conditions
    • Lemon juice for kidney stones: Does it work?

      David Rosenthal | Conditions
    • Tangible support saves health care workers from systemic collapse [PODCAST]

      The Podcast by KevinMD | Podcast

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

What if doctors worked for free?
30 comments

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

Loading Comments...