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d3 saysI am all for people’s right to sue, including doctors. Suing doctors however has become the latest and greatest get rich quick scheme that every sleazy lawyer is trying to profit off of. Too many people who get sick or hurt themselves are looking for someone else to blame because they are too selfish to see there own follies. Although there are some valid reasons for suing a doctor, my guess is 90% of the suits are simply a blame game that a lawyer and "victim" are trying to profit off of. I strongly believe this is one of the reasons it costs 3x more to get treatment in the US than any other country in the world. Would you rather treatment cost 1/3 the price or would you rather be able to sue the doctor whenever you do not feel like you got the "best" treatment. Personally I think there is a middle ground, ie setting stricter requirements for being able to collect from malpractice., ie gross negligenceHas any one looked at how much medical insurance and malpractice suites impacted the cost of healthcare in the US? Unlike many other countries, it is very easy to sue a doctor in the states.Yawn, you mean it’s the only industry to where you can be held accountable for being a Hack?
Fuck the Doctors and the stethoscope they rode in on. I’ll worry about their welfare when Doctor owned hospitals(which I’d wager contribute to a greater hemorrhage of money from the hcs than all of the lawsuits combined) are a thing of archaic thinking. It’s essentially Doctors writing their own checks.Ah yes, I know one of those. The richest person I know...as in 42 years old and worth millions and millions of dollars... I was curious how a doctor could get that rich.
You do not have to be a doctor to have millions of dollars. Are you sure he made all of his money from being a doctor??? or are you just speculating? You can be the dumbest person in the world and win the Lotto or have money passed down to you and be a millionaire. Yes there are doctors who do make a LOT of money, however most doctors do not make a fortune. There are a lot of primary care doctors who are very good at what they do who can barely afford to stay in business. Also if you invest $100ks and give up 8+ years of your life in school you should be making big money. Else why become a doctor? Why not become a lawyer, in some states you don’t even need a degree to pass the bar exam.yes. He's married to one of my closest friends. He graduated with more than 100k in student loans and no money. He mentioned he got lucky and his second job was for a hospital that went private, making him part owner. 10 years later he has millions with a dozen homes around the world. I am talking crazy money.
d3, You asked if anyone had looked into the cost impact of malpractice claims. Indeed, your fellow poster Kevin already has, and this is what he found: >>You’re still wrong. Try digesting this one: http://www.ncbi.nlm.nih.gov/pubmed/16136632 (in 2001 the figure was 0.46% for the combined cost of defending, insuring, and settling malpractice claims; less than a quarter of that was awarded to victims. At best, completely banning lawsuits is going to reduce medical care costs by less than 1%. Awesome. In short, the notion that malpractice claims are a big burden on the health care system is wrong. At best, it is just misguided to claim otherwise, and at worst it is a decoy issue intended to distract from the real problems, and/or give doctors immunity against lawsuits which they should not have.1% of an annual 2.4 trillion spend on healthcare would be 24 billion dollars annually. 1% of heathcare is a good chunk. Even it if was only half were talking 12 billion a year. Guess by today's standards that just isn't that much. Edited - bad math ...
This doucebag thinks you are preaching to the choir here and this is not news. [..]The citizens do not object to being referred to as “consumers†in 99% of discourse and even use the word themselves. They are being herded into permanent debt slavery and do nothing about it.I do! I object! I object! Just stated so on another thread. I AM NOT A CONSUMER, I am a CITIZEN. You know what I was saying in 2004? It's '1984', 20 years late.
classic struggle between have’s and have not’s….but for the first time i am with the have’s or else we all will become have not’s. I never understood why health care is limited resource. i thought a limited resource is something which can be traced to something which cannot be produced and is contant (water, some minerals, land..etc. how come health care became limited resource ? why is free market broken here. its just a f**ing service like another specialized service except that supply has been artificially contrained. there are only two inputs : doctors and equipment ..which one is a limited resource ? and whyTypical fear mongering that if Govt takes over health care, we will all become have nots....But I bet you don't mind police and other jobs being done by governments including such critical things as responding to a fire alarm. Even when critical jobs like airport security were transferred to TSA, a federal agency, after 9/11 people like you were keeping their tails inside their asses....now when times comes to health care suddenly it becomes a struggle between haves and have nots....Shame on you...Come out of your little frigging shell and think of other people too...
Doctors lobby keeps supply of doctors limitedWhy cannot we have H1B for doctors ? I agree that having more hospitals and doctors will definitely bring down the prices...but that assumes everyone pays from their pocket....Here we are talking about insurance based health care...Even if you sneeze you need to go through your insurance ....And "for profit" insurance has no motive to really look after poor sick people...
Why cannot we have H1B for doctors ? They do! part of exchange programs. Not to mention some doctors who intern here, move back home, along with their patients.. I read how India and Thailand health care is growing with Medical Tourism. So keeping a limited supply of doctors doesnt work. Its much cheaper and easier to go overseas. Do a search on india thailand medical tourism Its extremely difficult to get in to medical profession isn US ..period. For engineer’s , the end customer ( companies who hire) determine what qualifications they need. In Medicine, the end customer (hospital or patient) DON’T decide what qualifies a doctor, its the freaking AMA. AMA keeps the barrier of entry very high by putting too much red tape and licencing requirements. Its similar to a communist govt trying to control everything. AMA (doctors lobby) is very powerful which contraints the supply of medical schools and entry into them. It also has one of the most cubersome and lengthy licensing requirements in the world. thier main goal is to keep the supply of doctors low to boost the salaries of existing doctors..similar to unions. I wish there was some lobby like that for software engineers so that i could get 300k for my work.Very well said renter...I knew AMA was making sure that H1Bs do not start taking their jobs...But you summarized the situation succinctly.
in a free market, a human service can never become a bottleneck..example : prostitution will never be a limited resource in a free market unless govt intervenes.I have seen this in Europe...I have no idea how America became such a Nanny state. But america had to struggle and to come to terms with their violent (towards native americans) racist (towards blacks) past... I guess while trying to do that they became excessively religious and excessively money minded...My friend who visited me from overseas was joking that only time he sees americans smiling is when they are receiving money...I tried to counteract his point but had to agree to some extent...
2) Doctors lobby keeps supply of doctors limitedHeh, Where did you get that from? 1. From my understanding doctors have little lobbying power. It is the insurance companies who have the power and can determine how much a doctor will get paid for someone. 2. one of the main reason for the shortage of primary doctors is because a lot of them are leaving the feild to make more money doing something else. Fewer and fewer people want to waste 8+ years of there life to only get paid the scraps left for them from the insurance companies. I know of atleast 3 doctors who have left there practes within the last few years because health insurance companies squized out any hopes of them becoming profitable again.
in a free market, a human service can never become a bottleneck..example : prostitution will never be a limited resource in a free market unless govt intervenes.No, prostitution will not become legal in US. Sarcasm Things that will be legal are those that add greatest contribution to GDP and economy. Economists at Wall street firms have identified that prostitution is not that beneficial to economy as perversion is. If people can get their sexual needs fulfilled, think of millions of jobs lost in perversion industry also known as porn. Goldman Sucks has estimated that the total size of porn industry is around 10 billion dollars, this includes porn on internet and porn video industry in Calipornia near north of LA. Also, even though ban on prostitution will be enforced rigidly, govt will let nudie bars flourish. Cops will be posted in nudie bars to enforce the law that the patrons cannot touch the dancers. All these actions will make sure that perversion industry flourishes and Goldman sucks and JPM make billions. Abby Joseph Cohen, the evil incarnate of Goldman sucks, has again predicted a bull market in porn industry. end of Sarcasm
“Anyone who feels the training level of american docs is excessive to their needs or who desires to save money on their health care is free to go anywhere in the world they would like to get their health care†Why should we go elsewhere in the world ? why not here in US ? why i am not free to get prescription from a less trained doc in US. why am i not able to get a doc who has only highschool + 5 years medical school in US.I know many countries do that and accredit them so that patients make the decicion wheather to use them or go to someone with more training.WHY CANâ€T A CONSUMER HAVE THAT FREEDOM ? I thought freedom is so important in this country. what happened to “freedom to choose†We make life and death decisions everyday. do you think people are not smart enough to choose the doctor with the right training based on what they want the treatment for? I want to go to a 10+ years trained surgeon for my heart surgery but not for my common cold.You can. They are called nurse practitioners. Granted they have to be working under the supervision of an MD, but they can prescribe drugs and treat basic illnesses.
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