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You have patients every day. Therefore you'll get paid every month.
Again... "Last year it took 8 months to get paid."
Quote:
Even if you didn't, he still did not say he can't afford taking them.
"Schreiber sees 120 patients a week. About 30% of them are enrolled directly in Medicare, while another 65% have private insurance plans that peg their payments on Medicare's rates. Only 5% pay on their own.
Schreiber expects the cuts to take away $3 out of every $5 he currently earns. ...that will leave me with the equivalent of a minimum wage job"
You can't just say doctors are greedy for wanting a lot of money. You have to look at the economics behind it. The amount of schooling and interning they go through is incredible. Malpractice insurance is sky high, and the very nature of the profession involves constant responsibility for the lives of others (the reason insurance is so high). There needs to be a strong incentive to do this job, and that incentive is financial compensation. There is also a very high demand for doctors, which drives up the price of their services, and thus their salary. This could be mitigated by increasing the supply, but again that won't happen since there would no longer be an incentive to be a doctor if everyone did it and didn't make that much. Not to mention, even if that did happen, it would reduce doctor quality. Medical schools would have to be more lax with admissions and less impressive doctors would have to be hired to be able to increase supply. As it is, you have to work extremely hard in med school and even in college to get into med school if you want to be a doctor. Call it "greed," but many who are interested in medicine/anatomy/biology will find other careers in their field if they're not going to make that much as doctors.
Again... "Last year it took 8 months to get paid."
"Schreiber sees 120 patients a week. About 30% of them are enrolled directly in Medicare, while another 65% have private insurance plans that peg their payments on Medicare's rates. Only 5% pay on their own.
Schreiber expects the cuts to take away $3 out of every $5 he currently earns. ...that will leave me with the equivalent of a minimum wage job"
You don't get it. When you have patients EVERY day, then you get reimbursed for it every month. Just not this month's patients but the ones from 8 months ago. Still get your money every month.
Are you willing to work for 8 months without getting paid? Or are you ignorant and greedy, too?
8 months to get paid is out of line. I have big issues with our way to insure in this country. The way I see it, through the years our system is a hodge podge, pieced together mess. You've got medicare over here, medicaid over there, payouts coming from several sources, overhead and compliance issues. Just a mess.
You don't get it. When you have patients EVERY day, then you get reimbursed for it every month. Just not this month's patients but the ones from 8 months ago. Still get your money every month.
The fact remains... he's provided 8 months of medical treatments for which he has not yet been paid.
Are you willing to work for 8 months before you start getting paid?
According to the American Medical Association the average income for a medical doctor is about $200,000. The actual number depends on specialty, years in practice, etc..
Docs have been complaining about " we got no money" ever since I can remember. But just look at the homes they own, the cars they drive etc... They are "rich people broke", not "average American broke".
Actually, many are far beyond "broke" - as in deeply in debt. Few physicians exit the med school in pristine economic shape. As you can imagine, a licensed physician has ample opportunity to indebt himself to start or enter a practice. And many are burdened with the cost to start that new household, with a "nice house" and "nice car"... on credit.
So I do recognize that health care professionals are cash poor - once all the usury and socialist overhead is factored in.
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