There have been a number of comments on my previous articles related ot the Health Care scam and more than a few private emails I’ve received trying to cast doctors as “victims” of the medical cost-push cartel scams that run through the entire industry.
Don’t fall for the Marcus Welby crap.
Nobody who is part and parcel on a willing basis to an utterly-unsustainable system should be excused, just as you cannot excuse any of the officers and directors of a big bank.
The next generation of U.S. physicians is being saddled with record debt amid a looming shortage of doctors needed to cope with a rising elderly population. The burgeoning debt burden may be turning students away from primary care, which pays about $200,000 a year, toward more lucrative specialties and scaring off low-income and minority students fearful of taking on big loans.
Median tuition and fees at private medical schools was $50,309 in the 2012-2013 academic year, more than 16 times the cost when Moy’s father became a doctor.The median-education debt for 2012 medical-school graduates was $170,000, including loans taken out for undergraduate studies and excluding interest. That compares with an average $13,469 in 1978, said Jay Youngclaus, co-author of a February 2013 report on medical school debt.
Gee, I wonder why medical costs have gone up so much? It’s all the tort bar and insurance companys’ fault, right? None of it has anything to do with an educational debt load for the average medical school student that has gone up by a factor of 10 since 1978, right?
Being a doctor used to be a middle-class profession. A primary-care physician — a generalist, in short — is not a brain surgeon.
Since when is $200,000 a “middle-class” income when the median family income in this nation is about $50,000?
It’s not, in short.
Record numbers of students still want to become doctors. First-time applicants to U.S. medical schools rose to 33,772 in 2012 from 24,884 a decade earlier, according to AAMC. New enrollment at U.S. medical schools grew 1.5 percent to 19,517 students, the highest ever.
Of course they do. We have a cartel in the country in the form of the Medical System and if you can get inside it you too can skim off your piece of the pie, and the best part of it is that you get to scare people into paying you by using their fear of death as a cudgel.
No, I will not excuse doctors. I will instead excoriate them and point directly to the Sherman Act for what, in my opinion, they should face:
Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.