Can someone explain ObamaCare to me?

[FinanceDude]

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Originally Posted by haha This is certainly a valid attitude. I hope you are right, but I don't see it. And the other countries you refer to did make good sytems, and likely the Scandinavian countries and perhaps Germany can afford theirs. But most of Europe, and Japan, can actually afford very little at this point. And the US system is 2x the cost of the average of the 3 next most expensive ones. Ha

I have little doubt US doctors are the highest paid in the world. That may have something to do with high health care costs. A local GP I know moved here from Egypt, he told me he was capped at $40,000 a year, and he was a specialist in neurology. I doubt an American neurologist makes $40,000 a year..........

[Animorph]

Quote:

Originally Posted by FinanceDude I have little doubt US doctors are the highest paid in the world. That may have something to do with high health care costs. A local GP I know moved here from Egypt, he told me he was capped at $40,000 a year, and he was a specialist in neurology. I doubt an American neurologist makes $40,000 a year..........

He may also have had a much less costly education, perhaps government subsidized. U.S. docs certainly paid enough up front, time and money or loans, to get where they are. Some docs, primary care in particular, are not doing all that well compared to that investment. And there's probably a reason why the med schools are so expensive. I suppose if we squeeze the doctors pay enough, the system will eventually figure out how to train them less expensively, but we might do better with a more systemic approach.

[FinanceDude]

Quote:

Originally Posted by Animorph He may also have had a much less costly education, perhaps government subsidized. U.S. docs certainly paid enough up front, time and money or loans, to get where they are. Some docs, primary care in particular, are not doing all that well compared to that investment. And there's probably a reason why the med schools are so expensive. I suppose if we squeeze the doctors pay enough, the system will eventually figure out how to train them less expensively, but we might do better with a more systemic approach.

I am merely stating that the US has been a hotbed for highly skilled foreign doctors to move to. I can't blame them for doing that. It has been a huge positive for our medical system, provided the foreign doctors can pass the medical boards, which not all have been able to do.......

[obgyn65]

Here is the link for seniors : Seniors and the Affordable Care Act ? Fact Sheets | HealthCare.gov