future doctors beware -\

<p>Reasons</a> Not To Become A Doctor - Forbes.com</p>

<p>Insurance has become a loaded word. One-third of the country is insured by Medicare, and over the next nine years, the government program plans to cut payments to physicians by about 40%, while practice costs are projected to increase 20%, according to the American Medical Association. The first of those cuts will take place in July, when the reimbursement rate to doctors will drop by 10.6%. The next cut, of 5%, will occur in January.</p>

<p>"We used to have a lot of respect for doctors, but now they seem like easy targets," says Phillip Miller, an author of Will the Last Physician in America Please Turn off the Lights. "There's a perception among patients that, 'I went to a doctor's appointment and he was 45 minutes late. He's probably on the golf course or driving his Mercedes.' The truth is, they're probably busy with patients."</p>

<p>But for potential physicians, there is a future of looming medical-school debt, which is higher than ever. Students who graduate from a public medical school have a median debt of $100,000; private-school students graduate with a median debt of $135,000, according to a 2003 study by the Association of American Medical Colleges. Compare that with 1984, when median debt for public-school graduates was $22,000 and private-school students was $27,000.</p>

<p>The amount of time it takes to pay off debt depends on the specialty. The average physician's net income, adjusted for inflation, declined 7% between 1995 and 2003, according to the Center for Studying Health System Change. In order to enter the most lucrative specialties, like radiology, ophthalmology, anesthesiology and dermatology, doctors must continue with their training into their 30s. That means they can't start chipping away at their debt--let alone make money--until a time by which their counterparts in law or business are usually prospering.</p>

<p>Meanwhile, getting sued by a patient is a major concern. Of course, doctors who make fatal mistakes and who are unqualified should be held responsible. But there's evidence that the bulk of lawsuits brought are frivolous. Of all malpractice lawsuits brought to jury trial in 2004, the defendant won 91% of the time. Only 6% of all lawsuits go to trial; those that aren't thrown out are settled. Only 27% of all claims made against doctors result in money awarded to the plaintiff, according to Smarr, president of the trade association for medical malpractice companies</p>

<p>on the other hand, medical school admissions rate will start going up! =D (lol)</p>

<hr>

<p>should i reconsider? -___-!!</p>

<p>edit (quoted from the article): "A lot of doctors right now are not encouraging their kids to be doctors. To support that assertion, a 2007 survey by Merritt, Hawkins indicated that 57% of 1,175 doctors questioned would not recommend the field to their children."</p>

<p>=!!</p>

<p>Are the Medicare plans to cut physicians' payments set? I thought Congress overrode them (at least the 10.6% one set to happen in July), but I could be mistaken.</p>

<p>The thing I noticed in the article is this: they're expecting massive shortages of doctors. That provides a degree in medicine quite an edge, in my opinion: graduating doctors should have no trouble finding and keeping jobs, which can be a struggle for people with degrees in law and (these days, at least) business. The compensation may not be what you expect, but it beats the hell out of unemployment.</p>

<p>Of course, this is all irrelevant to me, as I'm way too squeamish to even think about medical school...and if I wasn't, I'd just be a nurse instead. :D</p>

<p>Hasn't it always been common advice that those looking to get rich should not enter the medical field? Doctors have always had plenty of costs and expenses, and the personal academic sacrifice is huge.</p>

<p>Reconsider if you only wanted to pursue medicine because you think it's some quick and easy way for to make money. If you have a genuine interest in biology and whatnot, then don't, but only you can be the judge of your own interests. </p>

<p>I think business and economics have always been good majors for money-making; there was a list of "top ten most lucrative majors" floating around here, maybe you should look at that...</p>

<p>You could also always move to a different country where these problems don't exist, lol. I might do that...</p>

<p>Not a prospective doctor/medical field so doesnt' concern me, but eh...doesn't mean you should give up being a doctor.</p>

<p>Something to consider, I agree, though.</p>

<p>Depends on your area. My intended specialty tends to be very lucrative and has many perks that more than compensate for these "reasons."</p>

<p>Geriatrics, mirite?</p>

<p>My dads friend has over 3,000,000 dollars in debt.</p>

<p>
[quote]
Geriatrics, mirite?

[/quote]
</p>

<p>lol not quite lawyer fangirl</p>

<p>canada ftw</p>

<p>Sucks to be a doctor.</p>

<p>^^ rmadden15: After that thread you've made about your father being diagnosed with cancer, you should rethink that statement.</p>

<p>
[quote]
^^ rmadden15: After that thread you've made about your father being diagnosed with cancer, I'd rethink that statement.

[/quote]

Wow .</p>

<p>Oh nooo. I want to be a future doctor and I'm afraid to read whatever that is...</p>

<p>Okay I just read it. I actually don't think it's that big of deal, but whatever.

[quote]
Reconsider if you only wanted to pursue medicine because you think it's some quick and easy way for to make money. If you have a genuine interest in biology and whatnot, then don't, but only you can be the judge of your own interests.

[/quote]

I'm not gonna lie, if doctors did not have good salaries I would not want to be one. But I definitely do not want to be one for the sole reason of money. I really loved my bio class last year and that's basically when I decided I want to be one :) asian sensation, definitely don't reconsider just because of the article! If you want to help people and work in the medical field and whatnot, do it.</p>

<p>Not all about the money.</p>

<p>Read the pros/cons in this post </p>

<p><a href="http://talk.collegeconfidential.com/pre-med-topics/542067-forbes-article-reasons-not-become-doctor.html%5B/url%5D"&gt;http://talk.collegeconfidential.com/pre-med-topics/542067-forbes-article-reasons-not-become-doctor.html&lt;/a&gt;&lt;/p>

<p>While a lot of specialties like Emergency care physicians are going downhill there are still a lot of good specialties with increasing salary and good hours like Dermatologist, plastic surgeons, and Orthopedic Surgeon. All of the specialties i listed usually get money out of the pocket so you don't have to deal with as many insurance companies, because they don't cover it. Except orthopedic doctors sometimes don't. There is also i think a orthopedic sport doctor or something along those lines that follows football teams around and deal with any injuries the patients get ( free tickets to pro football teams + the best seat ?)</p>

<p>About the med school debt, A LOT of private practices will pay off your loan for you to sign on with them for x number of years. Now some practices wont like a general practitioner, but a anesthesiologist group probably will. At least in Austin, TX it is like this.</p>

<p>This is a quote from a Doctor on the pre-med forums</p>

<p>"I do trauma surgery and deal alot with drunks and no money. So, the financial rewards are not great.</p>

<p>On the other hand, I went to Walmart yesterday and the checker started crying and hugging me for saving her 5 yr old son.</p>

<p>Guess what reward I like."</p>

<p>If you want to become a doctor for the money, reconsider. But it's a very rewarding (though demanding) profession. Do it because you are passionate.</p>

<p>And screw all the patients who sue their doctors just because the doctors couldn't be perfect 100% of the time. Medicine is not a field full of guarantees. It's not like the doctors were TRYING not to help their patients.</p>

<p>You guys also should talk to real doctors if your interested in medicine. All of the doctors ive talked to have all told me that they are currently frustrated with their profession if they could have done it again they would have not chosen medicine. Also if you read stuff about doctors online, most if not all doctors will say the same thing. Most doctors greatly discourage their kids from becoming physicians and most want to change professions themselves. Just something that people interested in medicine should think about.Many times you will not be able to treat patients the way you want to because of insurance companies A lot of people who want to become doctors think that as soon as they leave medical school, they will basically have everything handed to them and everything will be easy from then on. As for the pay unless your parents are rich you will most likely have a huge amount of debt which you wont be able to fully pay until your in your 30's. Theres also the whole doctors recieving much less pay while malpractice insurance is increasing thing so as time goes on, the salary of a physician will decrease</p>

<p>If you deeply want to go into medicine than do it but people should definitely learn more about the medical profession because most high schoolers who want to become doctors think they will have it easy once they become a doctor. I personally used to want to become a doctor but now from all the feedback i get from current doctors im not sure anymore</p>

<p>Besides doctors, what other profession involves science and is rewarding/lucrative? </p>

<p>(not a rhetorical question, I want to know lol)</p>

<p>Indeed. Factors like this and the fact that I have no love for science is what caused me to quit the premed track. Not only do i not have a passion for the sciences but my hard work isn't going to pay off in the end! If you're passionate about this stuff though it shouldn't deter you from becoming a doctor. I mean from what i'm reading it seems like we'll have a real shortage, and that would mean doctors would be in even higher demand than they are today. We'll see though.</p>

<p>^why did you want to become a doctor in the first place if you weren't into science?</p>