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America's doctors are overpaid


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2013 Feb 25, 9:15am   33,351 views  150 comments

by tovarichpeter   ➕follow (7)   💰tip   ignore  

http://www.slate.com/articles/business/moneybox/2013/02/american_doctors_are_overpaid_medicare_is_cheaper_than_private_insurance.html

American health care costs a lot because the prices Americans pay for health care services are very high. And hospitals charge those high prices for the same reason any other business would—because they can. It’s easy to see why a health care provider is almost uniquely well-positioned to bilk you. If you don’t get treatment, you or someone you love might die. It’s a high-pressure emotional situation that makes it extremely difficult to bargain, comparison shop, or just decide to cut back. Most of us, fortunately, get to outsource most of that bargaining to our insurance companies. Cold-blooded executives, not...

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150   Homeboy   2013 Mar 2, 3:52am  

justme says

Faulty logic. It does no matter whether the doctor got $1200 or "only" $1000 after paying for a receptionist, nurse, rent, consumables, whatever. It is still way too damn much for 5min of work. Probably by a factor of 10X, at least. For something like a 5min consult they should just have some minimum charge, at most $50.

Of course it matters, idiot. You have to look at who is profiting most from the outrageous charges. It's the giant healthcare companies, not the doctors. The doctor is not actually taking home $1200 for 5 minutes of work. Nor is he taking home $1000.

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