Quote:
Originally Posted by MSU '73
1. That will have to change.
2. Even using your hourly calculation, it fits my argument perfectly. So, the US driver is making a slight premium over the German and Aussie driver, on a per hour basis. Fine. That is exactly what I stated in my previous post. If the US wanted to give a 15-25% premium over the cost of German/French doctors, I had no problem with that. Because it still is light years cheaper than the current non sustainable wages being paid.
Thanks for supporting my point.
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I really want to know what sort of salaries you think physicians are making here? Typically most salary services are reporting the gross, which I am sure you know, but do you recognize how high insurance premiums are for most physicians. I would be surprised if most GPs are pulling in much above one hundred thousand a year. While this may seem like a lot to the average person, I know you understand the reasons why that salary is not that high.
Furthermore read this
General Physician Average Salary Income - International Comparison
Then take a look at the average hours a physician works in other developed countries. 40 hrs! We just had a meeting here at our medical school with career advisement who indicated to us that the typical GP is going to be working 58 hrs a week.
If I use your theorized 15-20% surcharge on physician salaries and assume American physicians typically are working 55-60 hr weeks, you will find that using the top 3 world wide salaries that we are close to the point we are at now.
It is not physician salaries that are out of whack here.
Trust me if Obama is able to pay me 120 grand a year to work a 40 hr work week ... sign me up. That is not going to happen, so I'd rather be well compensated for the 60 hr work week that US physicians work.