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Re:Opaque drug pricing in the U.S. by iheartmemcache on Sunday March 12, 2017 @05:07PM (#13853130)
Plus, you know the whole 4 years of graduate work, 3 tiers of USMLE testing, 3 years of residency at what works out to be less than what you can make at Starbucks, a few more as a fellow before you can even start practicing. Even at the top end (cardiologists, anesthesiologists, neurologists), you're going to pretty much salary cap at around $750k pre-tax. There is a lot of waste in medicine, but the salary of doctors is pretty fairly priced.

Imagine if cardiologists all of a sudden went 'value-based free market' in their pricing. With all the retiring boomers in their waning years, I could very easily see 6 hours of labor for a staff of ~6-8 in the OR performing a bypass being billed at $100k.

Re:Opaque drug pricing in the U.S. by Retric on Sunday March 12, 2017 @05:21PM (#13853200)
Most countries have doctors skip undergrad which makes a huge difference. The US problem is people become doctors late in life and retire relatively soon after that. In UK Medical school might be 4-6 years, but saving 4+ up front and possibly a 'gap' year is huge. No only do people work longer, but they also have fewer years of compounding interest effing them over. Net result is you simply need around 20% fewer people to go though medical school.
Re:Opaque drug pricing in the U.S. by ng12 on Sunday March 12, 2017 @06:02PM (#13853398)
Absolutely. It's crazy to me that "pre-med" is a psuedo degree. 4 years of your life to take a handful of relevant classes.
Re:Opaque drug pricing in the U.S. by _acme on Sunday March 12, 2017 @08:17PM (#13854178)
How much physics should a doctor know? Do you not agree that there is value in a well-rounded liberal education before specialization?
Re:Opaque drug pricing in the U.S. by hocuspocus on Sunday March 12, 2017 @09:51PM (#13854622)
> How much physics should a doctor know?

Most (all?) countries outside the US seem to agree that roughly one year of undergrad maths/physics/chemistry blended into their med school program is enough.

Re:Opaque drug pricing in the U.S. by chii on Sunday March 12, 2017 @08:46PM (#13854334)
isn't that what highschool is meant to be?
Re:Opaque drug pricing in the U.S. by ng12 on Sunday March 12, 2017 @11:20PM (#13855002)
None? I really, really don't care if the guy operating on my appendix can calculate torque. I care that he knows a lot about appendixes and has a steady hand.
Re:Opaque drug pricing in the U.S. by Retric on Monday March 13, 2017 @10:55AM (#13858281)
Is it worth ~50 billion per year for doctors to be well rounded? I am gong to say No.