Thread: Obamacare?
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      08-17-2011, 12:03 AM   #34
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Quote:
Originally Posted by pman10 View Post
A simple analysis of healthcare costs indicates that physician pay accounts for ~20% or less of the total increase in healthcare costs per year.
Labor costs are pretty common to be somewhere between 20-35% of any business's expenses. It would be crazy to imply that any company could ignore labor costs and be successful.


Quote:
Originally Posted by pman10 View Post
And in doing so, you decrease physician reimbursements on average by $15-30k per year. This has very significant implications on hiring physicians in the future, and continuing to attract the best and brightest to the field of medicine.
We are NOT attracting the "best and brightest" into the field of medicine to become doctors. We are attracting the wealthy and the priviledged who can shoulder massive education bills to become doctors, to the exclusion of many of the "best and brightest" who simply cannot afford to become a doctor.

If we can take a big chunk out of medical school debt, so that becoming a Doctor isn't such a financial roll of the dice, then we can REALLY attract the "best and brightest".
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