<p>Hello,</p>
<p>How much money do you imagine yourself making in 10-15 years as a doctor? </p>
<p>What is the lowest income that you would accept as a physician to compensate for the sacrifice of your prime years, huge debt burdens, increasing politicking (average doctor spends 1/3 of time on paper work), and long hours?</p>
<p>With the changes in the health care system, I don’t think anyone can predict what your income would be. I know of 2 doctors who are trying to talk their own children away from medicine because of the huge cost to attend school and the current economic situation. My 14 year old son goes to a childrens hospital and one of his dr.'s just finished as a fellow in pediatric rheumatology and is now a full-fledged doctor. She told him that her husband makes more as an engineer for the City of LA than she does. She has huge loans to pay back. She told my son that to become a doctor in the current insurance climate, one must have passion to become a doctor- definitely don’t do it for the money. Of course I would hope that all doctors are in it for the satisfaction of helping rather than for the money, but that probably is not always the case.</p>
<p>I guess what im saying is… what is the minimal amount you would have to get paid to consider a career in medicine?</p>
<p>A lot of poor people get caught up in the numbers without considering forgone profits in other careers, loss of precious time in your primes, and frustrating buearucrats.</p>
<p>$130,000 or so is probably the minimum for me. Allows me to pay off my debt, have a good living, and a rewarding career.</p>
<p>170K-180k is the minimum for me…</p>
<p>i see. Is this after or before malpractice dollars?</p>
<p>Obviously this depends on what your alternatives are.</p>
<p>… well for most people with a BS in biology or biochem, if you dont get into med school, you’re SCREWED.</p>
<p>The alternative is a life time of $60k as a researcher per year unless you go to grad school in which case you will get on average of $80k a year. I dont see anyone with a BS in BIo or Chemistry getting into HBS or Yale Law.</p>
<p>Okay. So if the alternative is $60K, then you should be happy with probably about $80K for the extra hassle of medical school. Right?</p>
<p>(To address your other errors: (1) lots of people with biology majors get into HBS and YLS, and (2) lots of people go to medical school with other majors, so in some sense it was their decision to major in biology in the first place.)</p>
<p>just a thought, if it does get too low, i guess you can always sell/prescribe drugs for a price (Tax-free)</p>
<p>I mean 170-180K in profits, not including my costs…</p>
<p>This kid is so obsessed with the loss of potential income in medicine…it’s all he seems to talk/worry about.</p>
<p>I wouldn’t want to be his patient…can you imagine how little time he’ll spend with you so he can get on to the next patient…</p>
<p>…ka ching…ka ching…;)</p>
<p>That’s a good doctor. The doctor who treats with his heart first will have to face the reality of overhead fees and malpratice premiums.</p>
<p>^I should hope you’re kidding. If not, you’re seriously not going to do well in this field. Might I suggest Business or Law?</p>
<p>I would like myself to earn around $180,000 to $250,000. My intention is to specialize in endocrinology or possibly nephrology. My interest primarily lies on the chemical functions so this would kind of fit me. </p>
<p>If i really wanted money I would probably become a OB/GYN or plastic surgeon who doesnt take insurance… which is kinda moot in 10-15 years >.<</p>
<p>Actually takeitallin, how much money you make as a doctor depends on specialization, where you went to Grad school, or what kind of doctor you will become.</p>
<p>I been told by my friend who got accepted to Uconn dental school that a basic dentist can expect to carry home anywhere from $80,000 to $100,000 after taxes, malpractice insurance, and overheads. (You would earn less if you worked in a hospital)</p>
<p>Doctor specializing in immunology can expect to make $80,000 to $110,000 whereas doctor specializing in OB/GYN or neurosurgery can make $500,000+. </p>
<p>Endocrinology, Neurosurgery, OB/GYN, Cardiology, Anesthesiology has always been short in the US, and the u.s. is expecting a reduction in these doctors near and far future. Basic supply and demand laws tell me that the salaries of these doctors (and count in inflation of about 3% annually) will go up.</p>
<p>Plus, I am not sure what you’re referring to the Health Care System laws. Obama’s new law that was passed only dictate how HIC will be serving in the future. Even though the new law opened more slots for aspiring medical students, it will be irrelevant for doctors who will become an internist because more medical slots mean more primary physicians which the country really needs right.</p>
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Medical profession is not subject to supply and demand, since Medicare has effective rate-setting power.</p>
<p>
ask me that question on your interview and I will make sure you don’t get in</p>
<p>Theres no way OB/GYN’s make 500k+ a year after malpractice.</p>
<p>The average malpractice for an OB/GYN from where i live is around $200,000. Neurosurgeon can bank $500,000 no problem if he doesnt mind the hours.</p>
<p>
<<<< lol >>>></p>