Re:NYU Makes Tuition Free for All Medical Students
by nappy-doo on Thursday August 16, 2018 @02:50PM
(#17777489)
Does anyone know if the single payer models we use in the US keep Dr. salaries on par? I've only heard of savings from negotiated drug prices, and insurance overhead; but, if Dr. salaries are also decreased, OP's got an interesting point.
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Re:NYU Makes Tuition Free for All Medical Students
by rohanshah on Thursday August 16, 2018 @05:01PM
(#17778372)
From my understanding of Bernie's "Medicare For All" bill (S. 1804) [1] payment to providers would be fixed at the, well, Medicare rate. Medicare rates are about 40% lower than private insurance (about 56% of national healthcare spending is private), but it's also higher than Medicaid and obviously higher than what the uninsured pay. All-in-all, from the figures I've seen [2], this specific single-payer plan would lead to about a 10.6% [3] overall reduction in payment to providers (some of which will be ameliorated by a reduction in costs that maintain complicated insurance administration work at hospitals) but I imagine providers will generally take some percent hit to payments which would in turn affect physician salaries (albeit not drastically)
[1] https://www.congress.gov/bill/115th-congress/senate-bill/180... [2] https://www.mercatus.org/system/files/blahous-costs-medicare... [3] https://www.peoplespolicyproject.org/2018/08/15/provider-pay...
Re:NYU Makes Tuition Free for All Medical Students
by s0rce on Thursday August 16, 2018 @03:04PM
(#17777585)
I don't think doctor salaries are substantially lower in Canada.
Re:NYU Makes Tuition Free for All Medical Students
by aantix on Thursday August 16, 2018 @03:22PM
(#17777718)
I couldn't find the original study that these articles are based off of..
"Canadian doctors still make dramatically less than U.S. counterparts: study" https://nationalpost.com/news/canada/canadian-doctors-still-...
US doctors earn much more than peers, study says https://bangordailynews.com/2011/09/09/health/us-doctors-ear...