Never thought a 30 minute video consultation would cost ~$800 after discount. It seems they charge at a rate of $3M+ / year ($1,600 / hour and ~2000 hours / year).
They did years of training to become that. I wouldn’t spread mistrust on the one who operates your head
Not really. Only had a residency and few years of experience, as they were an assistant prof level only. Full profs have decade-long field specific experiences. Just to note, top engineering PhD programs also train their post-graduates for 5-7 year’s experience with rigorous top tier publication requirements. Yet the pay in general is nothing outstanding unless very top guy from rank 1 school in a hot field, and only if they choose top FAANG / startup than academia.
Medical schools are way more competitive than engineering graduate schools.
Don’t pay it, it’s a scam. I hired a professional resume writer to get me into Google without a college degree. And not even she charged that much.
Even that seems low for neurology, that's so much training.
Check the above comment for some perspective with other top engineering PhD programs like at mit, CMU, Berkeley etc. they generally earn peanuts after 6-7 years post graduate training and publications, for CS / EE hardly 400k+ at joining (L4/E4) unless very top in hottest field. In other field, starting 300k+ maybe even not viable.
OK? That's far less work and more common which is why the compensation is lower to begin with...
They don’t make that much… with years of experience they get to 1m… that’s the hospital and the insurance companies playing
I know that. But I pointed the overall cost of healthcare. BTW, a neurosurgeon made $3M a year based in Ny. It came to media, as his wife was a high class escort.
Some that cost is all fake and it's way to show massive discounts to get right back to the actual price wanted. Like the going out of business shit you see at furniture stores.
Artificial supply caps will do that, yeah. That's why healthcare is so shitty with an SRE playbook approach rather than a SWE debugging approach. No insurance wants to pay someone expensive to spend hours or days understanding your specific circumstances. Instead it's about running through the checklists and flowcharts in your playbook as fast as possible so you can get the patient out in ten minutes or less. Healthcare is just a euphemism for herd management at this point.
+1 I feel a time will come, when under-privileged Americans would die without proper healthcare. I am not wishing for a EU like free healthcare system, but this rigging capitalism would artificially inflate the service cost and prevent such basics from everyone’s reaching. To this note, even FDA is super crooked approving Brian bleeding drugs for Alzheimer’s against the expert neurologists panel’s opinion on the approval. Such a corrupt capitalist system funded by big corp, big pharma etc.
I feel this way for most of medicine, but some of those neuro specialists at UCSF are crazy smart and good at their jobs. Even lifting the med school caps won't give us more like them.
Sibling is a doctor. They receive less than 20% of the rate they charge. Roughly 30% goes to subsidy for unprofitable divisions (there are some areas of medicine where you can’t break even at the rates that can be charged) Roughly 20% goes to hospital overhead/support staff/admin. Roughly 30% goes to insurance and billing management, plus the BS behind scenes driving the “discount” Roughly 15-20% goes to her.
Was hoping someone would point this out
That’s what I assumed too. My post was short, but this is INDEED the issue here — is it not super awful that the service costs 500-600% of the key provider’s cost, as you pointed? It’s a crippling healthcare system overall.
They are in bed with insurance companies to jack up all the charges. If you don't have insurance, there will be another rate. You wonder why healthcare in the US is so expensive? Cuz the medical industrial complex needs to make money from government programs and your employer via insurance, duh.
Two things: 1. The doctor makes 6 figures most likely. Rest goes to the business. 2. The doctor spends a lot of hours not on patients. Simply entering details of your visit is another 5 minutes quite possibly.
UCSF is a top hospital. It probably has 20 neurologists. It’s like VP for a top startup or senior director+ at FAANG. Nothing surprising.
Those Lamborghinis and Ferraris don’t pay for itself.