<p>It seems malpractice is extremely high...
How much do doctors earn, minus the malpractice?</p>
<p>Would this be more than what a doctor earns in a socialized country?</p>
<p>Much more than they make in socialized countries. These countries have, overall, much less income inequality than does the US. In the US there are a number of very high income fields, medicine, law, corporate executives, etc, who make far more than their counterparts in socialized countries.</p>
<p>Doctors still make very good incomes after paying malpractice insurance and other costs. However, the overall returns, allowing for the cost of medical school and relatively low incomes during years of training, are not that great. In effect, doctors greatly delay entering the workforce, assume, on average, large debts, and have shorter working time. Taking all of this together, it pays much better to go into law or finance.</p>
<p>But even after all that, the net effect is more than enough for a decent life.</p>
<p>Depends what kind of doctor you’re talking about.</p>
<p>Just look it up.</p>
<p>This is what your 3rd thread about salary TODAY?</p>
<p>Huge range. I think I read that docs average something around 150k… However, there are docs that make well over a million, but only 1% of docs do I think I read. It also is a matter of how MUCH you want to work. I knew a ER doc that was getting up in the 700k range after taxes (high paying hospital, if he was at a less high paying job I’d say he’d probably have been earning 300-400k), but he was working (literally) more than half of the shifts at that department in a given month.</p>
<p>salary.com seems to be a helpful website when questioning salaries, though I’m not sure if malpractice is included in deductions etc…</p>
<p>i met a doctor who said that the hours she put into residency and all the work in medical school+residency would never be compensated for by her salary. basically, don’t become a doctor for the money because you’ll end up working ten times as hard as you thought and still get paid less than you dreamed.</p>
<p>[Physicians</a> and Surgeons, All Other](<a href=“http://www.bls.gov/oes/current/oes291069.htm]Physicians”>http://www.bls.gov/oes/current/oes291069.htm)</p>
<p>Back when my father was a resident, they got paid $2.50 an hour, less than the minimum wage at the time. :D</p>
<p><a href=“http://talk.collegeconfidential.com/pre-med-topics/192088-physician-compensation-economics.html[/url]”>http://talk.collegeconfidential.com/pre-med-topics/192088-physician-compensation-economics.html</a></p>
<p>To preempt the inevitable question: these are NOT annual salaries. The thread explains what the numbers are.</p>
<p>It depends on how large your practice is…</p>
<p>My uncle is a neurologist, and the average salary for a neurologist is 180k, however he makes 390k…</p>
<p>My uncle’s friend is a cardiologist, and the average salary for a cardiologist is 250k, however he makes 450k…</p>
<p>i have read that during residency you get paid very little but afterwards its a good money wise life style but you do have to take in to consideration all the debt you incur</p>
<p>
for which specialties?</p>
<p>I think he meant in general.</p>
<p>Money and lifestyle = ROAD to happiness.
Money - Surgery and a few others that I can’t recall.
Lifestyle- Psych, family practice, internal medicine (depending on your practice).</p>
<p>The average wages seem to be pushed down heavily due to a lot of baby boomer docs doing part-time.</p>