Replies to post #51274 on Biotech Values

[poorgradstudent]

> In Europe, however, doctors made $60,000 to $120,000 in 2002, according to a survey sponsored by the British government in 2004.<

One additional comment for this sentence:

Although this may be true insofar as the take home salary from the government, there are instances of physicians supplementing this income. I have met quite a few Irish doctors now, and their system is in flux. They have socialized healthcare, but private clinics are also available for those who want to pay their way. So the drill is that interns / residents generally do the work at the national hospitals, and page the attending physician for consultation by phone... that's because the attending physician moonlights at the private clinics and takes home some serious cash in addition to their official salary.

[masterlongevity]

Retinal Specialists and pay

This is one group of doctors where greed has gotten out of control.

they constantly bitch about the price of Lucentis (12-24K per year) depending on dosing and with a QALY well under the cost effective limit of 50,000.

I saw one RS at a meeting declare that Lucentis will bankrupt medicare. he forgot to give the researchers their proper due for discovering the 1st drug to ever improve sight in AMD.

These docs make on average 900,000 per year. if anything is breaking the patients's back, it is the high cost they charge for their services

[Tim Fowler]

Is "earning too much" defined as earning more than in other countries?