https://www.ama-assn.org/education/gme-funding/medical-stude...
This is paradoxical. Class sizes are limited by the school, but not artificially limited?
Medical school class sizes are artificially restricted by outsized requirements for admissions. For example, the requirement of an undergraduate degree in order to enter medical school is not something that exists in Europe. Or that the admissions and exam requirements are much less hyper-competitive in Europe, than the U.S. This is, of course, “to restrict the supply of residents, so each one can find a job.” It’s still artificial restriction, rather than a natural bottleneck.
The same AMA that “Twenty years ago, the AMA lobbied for reducing the number of medical schools, capping federal funding for residencies, and cutting a quarter of all residency positions,”[0] is now asking for support in reversing its schemes? That’s rich. The same AMA that makes hundreds of millions in revenues, by speculating in securities[1].
Like an alma mater asking you to donate to its investment coffers after it’s shackled you with debt.
[0] https://blog.petrieflom.law.harvard.edu/2022/03/15/ama-scope...
They created the problem. Just because they’re now trying to fix it means nothing
- Egregious costs just to become any sort of practitioner (medical school, residency, etc.).
- Insurance companies are basically always grifting you as a policy, unless you call them out on it (reasonable things will be denied and not covered, because most people won’t fight).
- Hospitals are basically always grifting you, unless you call them out on it (bills are basically fraudulent).
- Pharmaceutical companies are basically always grifting everyone (you, the FDA, the prescribers, the insurance companies, etc.).
- Doctors are basically grifting themselves (going into medicine, and staying, almost always for the wrong reasons).
This is just to name a few.