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(Some Guy)   45% of doctors would consider quitting if Congress passes health care overhaul. Now that's some change we can believe in   (investors.com ) divider line
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12207 clicks; posted to Main » on 17 Sep 2009 at 2:46 PM (6 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2009-09-17 09:18:51 AM  
If losing more than half of all doctors doesn't drive down costs, nothing will.

///but I don't know how they can afford to quit since I've been hearing about how they are all losing money now because of malpractice costs.
 
2009-09-17 09:20:13 AM  
making lots of money is the right reason to become a doctor
 
2009-09-17 09:22:01 AM  
And do what?

`No, you can't have fries with that! Think of your cholesterol count and have a salad instead!'
 
2009-09-17 09:22:18 AM  
100% of investors would consider quitting health insurance stocks if REAL reform passes.

And that's the issue.
 
2009-09-17 09:22:25 AM  
The IBD/TIPP Poll was conducted by mail the past two weeks, with 1,376 practicing physicians chosen randomly throughout the country taking part. Responses are still coming in,

Ah, a self-selecting poll.

More than 800,000 doctors were practicing in 2006, the government says. Projecting the poll's finding onto that population, 360,000 doctors would consider quitting.

Yeah, they're all going to leave their 6-figure jobs and go bag groceries, I'm sure.
 
2009-09-17 09:25:46 AM  
IBD/TIPP? Aren't these the guys whose poll showed 72% of young voters breaking for McCain?
 
2009-09-17 09:26:53 AM  
Yeah, we already heard about all the folks quitting their jobs and/or closing up their businesses because of Obama's massive tax increases. Got anything else to scare us with ?
 
2009-09-17 09:27:54 AM  
Also, of that 45%, how many of them are quacks and how many of them are actually good at what they do?
 
2009-09-17 09:28:20 AM  
 
2009-09-17 09:29:56 AM  

SushiJoe: making lots of money is the right reason to become a doctor


If you think your average family Doctor makes "lots" of money you'd be wrong, most make a comfortable living. Your average family Doctor makes about $120k-$140k a year (not to mention having med school loans to pay off of about $100,000 on average. Considering the grades needed to get into med school these folks could be making a shiat load more if they went to work on Wall Street.
 
2009-09-17 09:31:13 AM  
My ob/gyn doc is all for health care reform AND the public option. he takes it up the ass BIG TIME in malpractice premiums. My GP is in favor of it, as well.
 
2009-09-17 09:34:29 AM  
My Doctor already works for the government.
 
2009-09-17 09:36:03 AM  
That's swell. Around 65% of doctors I know (including myself) strongly support major overhaul, and strongly support a public option.

In addition, most doctors I know favor getting rid of individual state Medicaid programs, and instead making those patients eligible for Medicare.

Most doctors I know are generally happy with Medicare, and find it to be less of a hassle than most private insurers. Plus, we have claims / tests denied less often from Medicare, despite the "OMG Gubment Bureaucrats" BS line that is so often wharrgarrbled about.

/its all in how the poll questions are worded, people.
 
2009-09-17 09:36:33 AM  

AuntofDogface: My ob/gyn doc is all for health care reform AND the public option. he takes it up the ass BIG TIME in malpractice premiums. My GP is in favor of it, as well.


The JAMA poll shows that a pretty substantial majority of docs are for the public option - I believe somewhere around 73%.

For the most part, those opposed to it are in procedure-based specialties like orthopedic surgery, where they stand to take a financial beating if the current reimbursement system changes.
 
2009-09-17 09:38:48 AM  
Why would tardmitter trust Investor's Business Daily? This is the same publication that claimed that if Stephen Hawking were British, the NHS would have written him off as worthless to society and allowed him to die.

And as PurplePimpSaber's link points out, they also predicted John McCain would clinch the vast majority of the youth vote.
 
2009-09-17 09:43:13 AM  

xenophon10k: Why would tardmitter trust Investor's Business Daily? This is the same publication that claimed that if Stephen Hawking were British, the NHS would have written him off as worthless to society and allowed him to die.

And as PurplePimpSaber's link points out, they also predicted John McCain would clinch the vast majority of the youth vote.


Do you mean to say that a site devoted to monitoring the market, might not be as truthy on the subject as the AMA?

You don't say? Next thing you'll tell me that Scientology is scam...
 
2009-09-17 09:44:25 AM  

NuttierThanEver: Considering the grades needed to get into med school these folks could be making a shiat load more if they went to work on Wall Street.


So long as the market is up or their job performance isn't linked to the stock price, they'll also have just as much job security. Reality being what it is, we know that isn't the case.

alywa: (Post bereft of glittering flags and eagles)


What the hell, man? Where's the sparkle? Where's the stars and stripes? The eagles? When I see alywa, my skin starts itching, and I need my sparkle fix! THE GLITTER! I NEED THE GLITTER, MAN!!!
 
2009-09-17 09:46:58 AM  
That number is way too low.

Just look at Canada, The UK, Germany and the rest of the countries with socialist health care... they have like 15 doctors total.

That's why more than 95% of their citizens die in their waiting rooms, more than half of them from old age.
 
2009-09-17 09:47:08 AM  
If this is anything like past predictions, I can only assume that every doctor on the planet actually wants a single-payer total healthcare overhaul.
 
2009-09-17 10:05:59 AM  
Suddenly they wouldn't be able to run their extortion racket any more and they would quit. There's a reason I don't trust doctors.
 
2009-09-17 10:06:06 AM  

bulldg4life: If this is anything like past predictions, I can only assume that every doctor on the planet actually wants a single-payer total healthcare overhaul.


When polled about participating in a Single Payer system, only 38% of doctors said that they would commit ritual suicide in the lobbies of nursing homes. Let's not lose our heads here. 38% is not a small number, but the ritual suicide witnessed by our elders could give many of them ideas, and thus the savings of not having to treat them would offset the loss of so many physicians, AND lighten the Death Panel loads, so that we could cut down on labor for the Mobile Elderly Crematoriums...
 
2009-09-17 10:07:53 AM  

JoJoTheIdiotMonkeyBoy: What the hell, man? Where's the sparkle? Where's the stars and stripes? The eagles? When I see alywa, my skin starts itching, and I need my sparkle fix! THE GLITTER! I NEED THE GLITTER, MAN!!!


Sorry...

i35.photobucket.com

/better?
 
2009-09-17 10:10:26 AM  
It's called "private practice," and it's quite legal, even in the UK.

Private practice doctors in the UK make about £50000 to £100000 a year.

Do the math - work under the salary limitations of a government job, or go make money with patients who can afford to pay for quality medical care?
 
2009-09-17 10:14:01 AM  
So what? "Consider quitting" != "Quitting", despite what TFA implies.

I would consider quitting my job too if I got a new boss, but I probably wouldn't.

This means nothing.

They will "consider" quitting for about .000000005674 seconds, before they realize:

1. They have a $1.6 million mortgage to pay off
2. They have a $600k boat payment
3. They have a $85k car
4. They have $100k in student loans outstanding
5. They have a God complex, and a job that allows them to indulge it
6. They are utterly unqualified to do anything else that pays even a fraction of what they make now

And then they won't quit. Simple as that.
 
2009-09-17 10:18:29 AM  

whistleridge: So what? "Consider quitting" != "Quitting", despite what TFA implies.

I would consider quitting my job too if I got a new boss, but I probably wouldn't.

This means nothing.

They will "consider" quitting for about .000000005674 seconds, before they realize:

1. They have a $1.6 million mortgage to pay off
2. They have a $600k boat payment
3. They have a $85k car
4. They have $100k in student loans outstanding
5. They have a God complex, and a job that allows them to indulge it
6. They are utterly unqualified to do anything else that pays even a fraction of what they make now

And then they won't quit. Simple as that.


Hey, you are discounting that most, if not all, doctors have vast experience and investment in cars. I'm sure that most would turn that medical education into a brisk and profitable career into sales and distribution of fine German automotive engineering, and at low, low, low prices.
 
2009-09-17 10:21:37 AM  

DarthBrooks: Do the math - work under the salary limitations of a government job, or go make money with patients who can afford to pay for quality medical care?


Who's nationalizing all the doctors again? That bit seems to escape me.
 
2009-09-17 10:22:24 AM  
Oh noes! What if Stephen Hawking's doctor quits!
 
2009-09-17 10:26:31 AM  
Heh, I remember lots of people also saying they'd move to Canada or something if a certain candidate got elected. Uh huh.
 
2009-09-17 10:28:29 AM  

John Paul Jones: DarthBrooks: Do the math - work under the salary limitations of a government job, or go make money with patients who can afford to pay for quality medical care?

Who's nationalizing all the doctors again? That bit seems to escape me.


Exactly - it's just nonsense how this stuff gets reported. Health care reform doesn't have anything to do with nationalizing practices. If they're talking about limiting pay structures, the doctors can choose to do business outside the model by doing it for cash or credit, or maybe even a separate supplemental insurance system.

Hard to fathom any of the stuff because the article is total crap.
 
2009-09-17 10:33:07 AM  

DarthBrooks: John Paul Jones: DarthBrooks: Do the math - work under the salary limitations of a government job, or go make money with patients who can afford to pay for quality medical care?

Who's nationalizing all the doctors again? That bit seems to escape me.

Exactly - it's just nonsense how this stuff gets reported. Health care reform doesn't have anything to do with nationalizing practices. If they're talking about limiting pay structures, the doctors can choose to do business outside the model by doing it for cash or credit, or maybe even a separate supplemental insurance system.

Hard to fathom any of the stuff because the article is total crap.


I dunno, I sort of like it when folks commission a poll, get a buddy to run an article on said poll, and then have the ability to quote both as published. It's kind of like money laundering, only without the jail time. And you can then get folks to attack the "source" and keep your hands clean that you just got "bad information"

Because checking the veracity of sources is passe. If everyone did that, then where would be as a society?
 
2009-09-17 10:41:24 AM  

make me some tea: Heh, I remember lots of people also saying they'd move to Canada or something if a certain candidate got elected. Uh huh.


We have health standards for immigration to Canada - ie. you have to be thin enough to fit through the turnstile at the border.
 
2009-09-17 11:02:36 AM  
Wow, one would think Investors Business Daily would be less inclined to embarrass themselves on the topic of health care reform after the Hawking thing.

Guess not
 
2009-09-17 11:09:12 AM  

NuttierThanEver:

If you think your average family Doctor makes "lots" of money you'd be wrong, most make a comfortable living. Your average family Doctor makes about $120k-$140k a year (not to mention having med school loans to pay off of about $100,000 on average. Considering the grades needed to get into med school these folks could be making a shiat load more if they went to work on Wall Street.


You've just described my wife, except she makes a good bit less than your range. Right on with the school loans & grades though. The stereotype of the rich doctor comes from the surgeons and specialists of which most doctors are not.
 
2009-09-17 11:11:34 AM  
My wife is a doctor...of philosophy (Ph.D in economics.)

She swears she'll quit her job if Obamacare passes.
 
2009-09-17 11:12:45 AM  

whistleridge: So what? "Consider quitting" != "Quitting", despite what TFA implies.

I would consider quitting my job too if I got a new boss, but I probably wouldn't.

This means nothing.

They will "consider" quitting for about .000000005674 seconds, before they realize:

1. They have a $1.6 million mortgage to pay off
2. They have a $600k boat payment
3. They have a $85k car
4. They have $100k in student loans outstanding
5. They have a God complex, and a job that allows them to indulge it
6. They are utterly unqualified to do anything else that pays even a fraction of what they make now

And then they won't quit. Simple as that.


I find it amusing that Republicans and conservatives aren't for taxing the rich and think it's everybodys right to get as rich as they can except when it comes to Doctors. Somehow the fact that Doctors want to be capitalists and get benefits from their work is seen as a sin by the very folks who shout "socialism" the loudest.

/damned if you do...,
 
2009-09-17 11:13:25 AM  
All the doctors in my town have full workloads and most aren't accepting new patients. If suddenly more people have insurance and want to visit a doctor, there won't be anyone available to see them.
We're gonna need more doctors.
 
2009-09-17 11:13:27 AM  
If there's no public option, it's going to be a windfall for private insurance companies.
 
2009-09-17 11:13:50 AM  
...and doing what, instead? Flip burgers? Wait tables? Aside from practice medicine, what are they qualified to do that there are openings for?
 
2009-09-17 11:16:05 AM  

h2ogate: We're gonna need more doctors.


Yep. Especially in primary care... either that or utilize mid level practitioners more (NP, PAs, etc).
 
2009-09-17 11:17:17 AM  
I've taught pre-meds. If they are any indication, losing 45% of our doctors would cause the quality of care to rise significantly.
 
2009-09-17 11:17:58 AM  
DEATH PANELS!!WAH!G!!AGGBEELLL!LBBLL!

/or something to that effect
 
2009-09-17 11:21:32 AM  
Probably a half truth where 45% of doctors were considering retirement anyway.
 
2009-09-17 11:23:43 AM  

MNguy: If there's no public option, it's going to be a windfall for private insurance companies.


Technically, a public option will be as well. It will be a huge pool that will negotiate for better terms than many Fortune 500 companies, but it will still have plenty of room for profit.

Unless you think that the business of insuring government employees is somehow tainted. They still pay into a system, and what it boils down to is that insurance companies are essentially haggling over percentage points.

The most recent writer's strike was over 1.5% of profits for revenue generated from online distribution. 1.5% was the tipping point that studios WOULD NOT CROSS!

The hoopla over a public option is of a similar vein. Insurance companies will certainly be able to still compete, but they would have to do so under government scrutiny to contract to serve a much larger pool than just government workers. They'll still make money, they're just upset that they won't be able to profit as much if they have to negotiate with the government, than will smaller pools who won't have the bargaining power.

They will still bargain, and anyone who thinks that insurance companies won't is living in a dream world. As much as those who think that doctors are suddenly going to retire to some Objectivist paradise in Somalia en masse.
 
2009-09-17 11:25:30 AM  
Poll cited in the article is shiat

Link (new window)
 
2009-09-17 11:25:50 AM  
whistleridge: They will "consider" quitting for about .000000005674 seconds, before they realize:

1. They have a $1.6 million mortgage to pay off
2. They have a $600k boat payment
3. They have a $85k car
4. They have $100k in student loans outstanding
5. They have a God complex, and a job that allows them to indulge it
6. They are utterly unqualified to do anything else that pays even a fraction of what they make now

And then they won't quit. Simple as that.


You presume that most doctors have 1, 2, and 3. Given the way that government and private insurance have driven down the reimbursement rate for medical care, I sincerely doubt this, particularly if they're a family practice physician instead of a surgeon. And as for student loans, nothing says that the money to pay it off has to come from practicing medicine. Plenty of MDs end up not practicing medicine, and make quite a bit of money, particularly the ones who go to work for pharma or medical device companies, but I also recall a story from the last few days about one doctor who quit her OBGYN practice and became a jewelry designer. Heck, I'm in law school part-time and there are two ex-doctors in my section who are both going into patent law.
 
2009-09-17 11:27:51 AM  
Sounds like Phil Herup will quick his fark thread posting career, I mean being a dentist.
 
2009-09-17 11:30:56 AM  

hugram: Sounds like Phil Herup will quick quit his fark thread posting career, I mean being a dentist.


FTFM
 
2009-09-17 11:40:27 AM  

Edsel: IBD/TIPP? Aren't these the guys whose poll showed 72% of young voters breaking for McCain?


Yes. 538 savaged their methodology in this post (new window).
 
2009-09-17 11:46:36 AM  

MasterThief: whistleridge: They will "consider" quitting for about .000000005674 seconds, before they realize:

1. They have a $1.6 million mortgage to pay off
2. They have a $600k boat payment
3. They have a $85k car
4. They have $100k in student loans outstanding
5. They have a God complex, and a job that allows them to indulge it
6. They are utterly unqualified to do anything else that pays even a fraction of what they make now

And then they won't quit. Simple as that.

You presume that most doctors have 1, 2, and 3. Given the way that government and private insurance have driven down the reimbursement rate for medical care, I sincerely doubt this, particularly if they're a family practice physician instead of a surgeon. And as for student loans, nothing says that the money to pay it off has to come from practicing medicine. Plenty of MDs end up not practicing medicine, and make quite a bit of money, particularly the ones who go to work for pharma or medical device companies, but I also recall a story from the last few days about one doctor who quit her OBGYN practice and became a jewelry designer. Heck, I'm in law school part-time and there are two ex-doctors in my section who are both going into patent law.


Yes, I presume that most doctors have a mortgage, a car payment, and other types of payments, and that the values of those payments probably exceeds that of your average bank teller or school teacher. I may have deliberately exaggerated the values of those payments (not everyone is a neurosurgeon), but not the reality of them.

Doctors are like everyone else: they have a specialization, they owe money, and most of them can't just quit the career they've invested lots of time and money in just because they're in a snit over current political negotiations vis a vis their industry.

This article is BS. Even if a law was passed that required all doctors to be government workers, and to make a maximum of 75k per year, the majority of them would remain doctors. Simple fact. And the ones that quit would largely be the greedy, selfish, lazy, or incomptent ones, and then the country would have more biology teachers and lab technicians at pharm companies.
 
2009-09-17 11:48:49 AM  
YEAH RIGHT! They'd "consider" quitting for about two seconds. Then they'd take a look at their 4000 square foot house, twin beemers, gold-digging wife and go back to sewing scalpels inside of patients
 
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