- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Between half and a fifth of "the 1%" are medical doctors or healthcare workers
Posted on 12/18/14 at 4:45 pm to TK421
Posted on 12/18/14 at 4:45 pm to TK421
The Wall Street Journal
The Guardian
NY Times
The only figure I got that says half is from the book The Fourth Revolution by the editor and chief of the Economist. He doesn't cite it. So, between 15% and half of the 1% is confirmed to be doctors. Happy now? Go to your local hospital and protest if you care about income inequality.
The Guardian
NY Times
The only figure I got that says half is from the book The Fourth Revolution by the editor and chief of the Economist. He doesn't cite it. So, between 15% and half of the 1% is confirmed to be doctors. Happy now? Go to your local hospital and protest if you care about income inequality.
3
Posted on 12/18/14 at 4:52 pm to LSUTigersVCURams
quote:
The only figure I got that says half is from the book The Fourth Revolution by the editor and chief of the Economist. He doesn't cite it.
So, it's bullshite?
quote:
So, between 15% and half of the 1% is confirmed to be doctors
There is a huge difference between 15% and 50%, and the difference is important considering your idiotic framework. In case you weren't aware, a fifth is actually 20%.
Posted on 12/18/14 at 4:54 pm to TK421
So it's less than a fifth I rounded up so sue me. The point is, people who care about income inequality never mention doctors or healthcare workers and they are a significant part of the evil "1%." It's hypocritical. That's what I'm saying.
Posted on 12/18/14 at 5:00 pm to LSUTigersVCURams
quote:
The point is, people who care about income inequality never mention doctors or healthcare workers and they are a significant part of the evil "1%."
Significance is in the eye of the beholder. Furthermore, doctors are people that individual citizens can observe having a direct and positive impact on lives. CEOs and that taken 100 million dollar golden parachutes after they fail the company is harder pill to swallow.
quote:
It's hypocritical.
Only if you have no understanding as to what the meaning of this word is.
Posted on 12/18/14 at 5:07 pm to Powerman
quote:
If half of the 1% are healthcare workers I'd say that's plenty to be outraged about since that industry is the one bankrupting the country.
It's not lawyers for once. frick ya!
Posted on 12/18/14 at 5:10 pm to Teddy Ruxpin
No, the actual stats actually have lawyers at a higher percentage than doctors. This dude's just being goofy with the numbers. 
Posted on 12/18/14 at 5:22 pm to LSUTigersVCURams
A couple of things:
1) would love to see where doctors place in the percentile breakdown. I'm sure they are towards the very bottom.
2) Once you go into debt for $300k to go to school for 10 years, you need to be compensated to pay it off.
3) People need to be compensated to do the hard work of being a doctor, and for going to school.
1) would love to see where doctors place in the percentile breakdown. I'm sure they are towards the very bottom.
2) Once you go into debt for $300k to go to school for 10 years, you need to be compensated to pay it off.
3) People need to be compensated to do the hard work of being a doctor, and for going to school.
Posted on 12/18/14 at 5:24 pm to LSUTigersVCURams
quote:I've seen plenty of libs post on websites that doctors shouldn't be allowed to work for profit, so not all of them are hypocrites.
Explain yourselves hypocrites!
Posted on 12/18/14 at 5:27 pm to Y.A. Tittle
quote:
No, the actual stats actually have lawyers at a higher percentage than doctors. This dude's just being goofy with the numbers.
I'll take the income if I can escape the blame
Who am I kidding, I'll take the income regardless
This post was edited on 12/18/14 at 5:28 pm
Posted on 12/18/14 at 5:28 pm to LSUTigersVCURams
If you're pissed doctors get paid so much you should definitely go study for 10 years to become a doc and charge less than what the evil rich docs are charging. They'll be forced to charge less if they want to stay open.
Or go stand outside with a sign, I'm sure they'll listen.
Or go stand outside with a sign, I'm sure they'll listen.
Posted on 12/18/14 at 5:32 pm to RebelExpress38
quote:
Or go stand outside with a sign, I'm sure they'll listen.
I put a sign in front of my house. It says "Fix my Street, I pay my Taxes".
It didn't work. My street still sucks.
Posted on 12/18/14 at 5:40 pm to ironsides
quote:Good point. These studies look at income, not debt or wealth. It's misleading.
Once you go into debt for $300k to go to school for 10 years, you need to be compensated to pay it off.
Unfortunately for docs, by the time one considers undergrad, MedSchool, and cost of starting a practice, $300K is well on the low side.
Posted on 12/18/14 at 5:58 pm to Powerman
quote:
If half of the 1% are healthcare workers I'd say that's plenty to be outraged about since that industry is the one bankrupting the country.
Doctor salaries make up less than 20% of health care spending. Slow your roll. The real money is in administration.
Posted on 12/18/14 at 6:05 pm to cwil177
quote:Yep.
Slow your roll. The real money is in administration
quote:
Medicine’s Top Earners Are Not the M.D.s
By ELISABETH ROSENTHAL
MAY 17, 2014
THOUGH the recent release of Medicare’s physician payments cast a spotlight on the millions of dollars paid to some specialists, there is a startling secret behind America’s health care hierarchy: Physicians, the most highly trained members in the industry’s work force, are on average right in the middle of the compensation pack.
That is because the biggest bucks are currently earned not through the delivery of care, but from overseeing the business of medicine.
The base pay of insurance executives, hospital executives and even hospital administrators often far outstrips doctors’ salaries, according to an analysis performed for The New York Times by Compdata Surveys: $584,000 on average for an insurance chief executive officer, $386,000 for a hospital C.E.O. and $237,000 for a hospital administrator, compared with $306,000 for a surgeon and $185,000 for a general doctor.
And those numbers almost certainly understate the payment gap, since top executives frequently earn the bulk of their income in nonsalary compensation.
LINK
Posted on 12/18/14 at 6:20 pm to LSUTigersVCURams
Dafuk did I just read.
Posted on 12/18/14 at 6:24 pm to LSUTigersVCURams
It's Xmas. No reason to be outraged, dawg.
Posted on 12/18/14 at 11:38 pm to cwil177
quote:
Doctor salaries make up less than 20% of health care spending. Slow your roll. The real money is in administration.
Lumping "Doctors and health care workers" together is too broad a category for my liking. As propaganda, it would be a great way to start a movement against the cost of healthcare and do its best to pin blame on the MD/DOs, but if it were split, as linked above, into admin vs MD vs DO vs RN vs DDS vs OD vs LPN vs CRNA vs RT vs PA vs NP, you would see much more accurate numbers with probably four big stratifications (admin way up top, doctors (and sheesh. Ped salaries are usually in the 170s on average. I think the last time I looked, Interventional Cardiologists pulled somewhere in the upper 4/low 5s...but at least they have essentially the same title justifying their "lumping"), then mid-levels, then the Bachelor/Associates). I'm sure you could make nearly as big an argument for lumping all lawyers together, but to combine a hospital admin's salary and an LPN's and get an average..:it's just not a terribly accurate way of doing it for honest comparison purposes, in my humble opinion.
Page 2 of 2
Back to top
Follow TigerDroppings for LSU Football News