New York Personal Injury Law Blog » Insurance Industry, Medical Malpractice

 

May 10th, 2009

Doctors Are Still Tops in Pay (But Complain About Malpractice Premiums Anyway)

Another year, another survey, and once again physicians are found to take home the biggest paydays in America. In fact, out of the ten top paying jobs, nine go to medical professionals.

It’s something to think about when doctors complain about malpractice premiums. Complaining about an expense is OK, but it is only relevant if the complainers also disclose their income. Saying an insurance premium is 20K means one thing if a person nets out 45K, but it means something else entirely when the person nets out 150K.

This is not to say that doctors don’t deserve the big paychecks. Some do, some don’t, it depends on the individual. And many doctors do carry extra debt from four years of medical school and low-wage residencies.

But if a medical professional is going to complain about an expense of working, they should nevertheless be prepared to also disclose their income. Because expenses have no context without knowing what it means in terms of income.

Links to this post:

doctors’ salaries and medical malpractice
forbes provides the top paying jobs in the united states. here are the top 5: 1. surgeons (>06770) 2. anesthesiologists (<97570) 3. orthodontists (<94930) 4. obstetrician and gynecologists (<92780) 5. oral and maxillofacial surgeons

posted by @ May 11, 2009 12:49 PM

doctors’ salaries and medical malpractice
forbes provides the top paying jobs in the united states. here are the top 5: 1. surgeons (>06770) 2. anesthesiologists (<97570) 3. orthodontists (<94930) 4. obstetrician and gynecologists (<92780) 5. oral and maxillofacial surgeons
posted by @ May 11, 2009 12:08 PM

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