That only accounts for physician labor, not other labor involved. Nurses, administrators, other operational labor that isn’t a Dr.
But the point of contention was Dr salary, not overall labor costs with healthcare, so it shouldn’t necessarily be relevant to this particular conversation. I’m sure there are plenty of people who also take issue with the legion of administrators insurance companies pay to handle visits and services, as well as the number of people hospitals pay to try to claw money out of them as well. They provide nothing to the healthcare service, and exist only to try to keep/gain as much funding as possible. You don’t have less cancer because Tom at BCBS was able to deny the Tylenol they gave you two months ago.
Mostly true although I am not sure if this ratio would hold tho: 33.5k to just under $31k. Labor is never such a small cost of any service fee.
That only accounts for physician labor, not other labor involved. Nurses, administrators, other operational labor that isn’t a Dr.
But the point of contention was Dr salary, not overall labor costs with healthcare, so it shouldn’t necessarily be relevant to this particular conversation. I’m sure there are plenty of people who also take issue with the legion of administrators insurance companies pay to handle visits and services, as well as the number of people hospitals pay to try to claw money out of them as well. They provide nothing to the healthcare service, and exist only to try to keep/gain as much funding as possible. You don’t have less cancer because Tom at BCBS was able to deny the Tylenol they gave you two months ago.