I am livid over corrupt MD's. | Page 3 | FerrariChat

I am livid over corrupt MD's.

Discussion in 'Other Off Topic Forum' started by texasmr2, Oct 1, 2013.

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  1. BT

    BT F1 World Champ
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    Bill Tracy
    That's no different than any other normal profession. I'm an architect and consider it a good year if I bill over $100k (that equates to about $50/hr.). The average architect with a 5-6 year professional degree and a 3 year internship makes about $30k per year. 8-9 years training, and the average is about $30k before taxes. After ten years experience the average is about $50k nationally. We have no good lobbyists apparently... It is hard to feel sympathy for the pay scale argument from my desk.

    :)
    BT
     
  2. S Brake

    S Brake F1 World Champ

    Aug 3, 2006
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    Apples and oranges to the nth degree. Pay differences between MDs and architects isn't due to the presence or absence of lobbyists. It's a result of training, hours worked, and the value placed on those hours. To use your example of billing $100k at $50/hr, that works out to 40 hours/week. Most MDs I work with put in around 70-80 hrs/week not including hours they are on call. They also put in at lest 8 years of school, then residency, and sometimes an internship.
    One of our neurosurgeons makes close to, if not over 7 figures and he's worth every cent.
     
  3. BT

    BT F1 World Champ
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    My point was that almost all professionals have no pension, have to pay their own vacation / holidays, etc... So they are no different than an MD.

    An architect that trains for 8-9 years and often put in 60 hours per week (not me, I'm lazy) still make only around $50k per year. I know they don't 'save lives', but there is some value in having a shelter also. Is the effort not worth anything? Is it worth $50k/year as the market suggests? Is it worth more? My guess is that the effort is worth what the market allows, or $50k per year.

    A surgeon getting 7 figures is worth it if people are willing to pay that. I suspect that the evolution of the medical professions and insurance have worked to obscure the actual costs so that people are not aware of what they are being charged in most cases.

    A good example is the elective surgery arena. Similarly trained surgeons may only make $4000 for a surgery because the customer has to pay for it 100% out of pocket. If insurance covered it, they likely could charge much more since the customer would not be inclined to shop it for price.

    :)
    BT
     
  4. Edward 96GTS

    Edward 96GTS F1 World Champ
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    ^ then it must really chap your ass to know the local tile setter contractor working on your projects makes approx $10k/ month.
    :)
     
  5. Vinny Bourne

    Vinny Bourne Formula Junior

    Nov 25, 2011
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    Insurance and the BS attitudes of these days have completely skewed healthcare. Man my memory is working today, 1 shot on google and I get the site I remembered from quite a while ago.

    Mr Goodwrench of Surgery;

    Procedures | Surgery Center of Oklahoma
     
  6. UroTrash

    UroTrash Four Time F1 World Champ
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  7. texasmr2

    texasmr2 Two Time F1 World Champ
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    So any way my BP is almost back to normal levels, thanks for asking.
     
  8. Ron328

    Ron328 F1 Rookie
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    But one time, I got better the day after I took it! Zpak always works!! ;)
     
  9. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
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    Whatever. Was probably as truthful as this...

    http://www.ferrarichat.com/forum/fine-watches-jewelry-clothes/402630-rolex-collectors.html
     
  10. texasmr2

    texasmr2 Two Time F1 World Champ
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  11. El Wayne

    El Wayne F1 World Champ
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    To everyone: Be careful. Some of the posts in this thread have crossed the line into personal attacks.

    To the OP: You can't expect to post the kind of stuff that you post and not draw criticism, ridicule, or both.

    Seriously, I just don't understand how some people function. When things happen in life that frustrate me, or excite me, etc., my initial reaction is not to run to a computer and post about it on FerrariChat. I've been an active user on this site for 11 years; don't you think I've been through plenty of ups and downs in that time? Yet, you will find very little about it on here because I realize that some things that happen in my personal life should remain personal.

    Why don't you try giving these things at least a few minutes to soak in first? Consider what you're about to post and how others will react to it. And if you just can't overcome the compulsion, then at least be prepared to take on online beating without getting offended and clicking on the Report Post button.

    And if this post makes me a Richard Cranium, then so be it.
     
  12. italiafan

    italiafan F1 World Champ
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    #62 italiafan, Oct 18, 2013
    Last edited by a moderator: Sep 7, 2017
  13. BT

    BT F1 World Champ
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    Why? I don't care if a tile setter makes $100k per month. If someone wants to pay him that, good for him! My point is that asking people what a doctor should earn is silly. Almost all professions are worthwhile things for people to do, and just because someone chose one over another doesn't automatically make them worth more to society in general. Some are less lucrative, but more fun. Things generally even out, and the market determines the worth. It gets clouded by regulations and insurance in the case of healthcare, but that's the way the cookie crumbles as they say.

    :)
    BT
     
  14. plastique999

    plastique999 F1 Veteran
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    These medicine threads are hilarious.
    I will now look to the Internet for great medical advice :)
     
  15. texasmr2

    texasmr2 Two Time F1 World Champ
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    Your are free not to read them or chastise them, just say NO!
     
  16. GoonOnFire

    GoonOnFire Karting

    Feb 6, 2012
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    #66 GoonOnFire, Nov 18, 2013
    Last edited by a moderator: Nov 18, 2013
    And you guys get the **** kicked out of you with Malpractice insurance.
     

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