some info on doctors pay
Brain/doctor:$450,00-$650,000
Anesthesiology: $306,964
Surgery, general: $255,438
Obstetrics/gynecology: $233,061
Psychiatry: $163,144
Internal medicine: $155,530
Pediatrics/adolescent medicine: $152,690
Family practice (without obstetrics): $150,267
(This is from the Medical Group Management Association, Physician Compensation and Production Report, 2003
Costs
Becoming a doctor is not cheap. Depending on your location and specialty, medical school alone can cost between $50,000 and $150,000, and that’s only tuition. Textbooks, housing, meals, equipment and fees are added expenses.
Liability
The premium differences between these areas and those in other parts of the country are dramatic. In Wisconsin, a family doctor who delivers babies and performs cesarean sections pays about $14,000 a year for coverage that extends to infinity. Family physicians with far less coverage pay three to five times as much in some other states. Physicians in other specialties are suffering, too. In southern Florida, obstetricians spend $209,000 for $250,000 in coverage and, in effect, are essentially self-insured.
So it appears if a doctors pay is about 150K....he could very well be paying a large chunk of that in insurance...plus TAXES...plus education.
sounds to me like it would be a whole lot easier being in Congress?
How about some Tort (older info, probably much worse now)
The cost of the U.S. tort system for 1994 was $152 billion. Over the past ten years, it has increased 125%.
Between 1930 and 1994 U.S. tort costs have grown almost four times faster than the rate of growth of the U.S. economy.
The U.S. tort system is the most expensive in the industrialized world. U.S. tort costs are 2.2% of Gross Domestic Product (GDP), substantially higher than that of other developed countries studied and two and a half times the average of those studied.
The U.S. tort system returns less than 50 cents on the dollar and less than 25 cents for actual economic loss to claimants.
Tillinghaust-Towers Perrin. Tort Costs Trends: An International Perspective, (New York, New York, 1995)
I have an idea....lets let Congress do just a couple of things....instead of 1200 pages of crap that solves nothing and expands the current problems.
Tort reform...maybe 5 pages at most? If Congress and Obama can handle this..we'll give them something else to try. One thing at a time.
Remember...Obama is very inexperienced and must start very slowly...Congress are crooks and he needs to reign them in a bit.
As of now...our president has lost control of all of Congress and the HC, not to mention nothing he has done so far turned out good or has worked.
He needs to slow down and back up...