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- #801
Too things can be blamed for medical costs- I insurance and MBAs running hospitals. In our modern world, more and more people with only a diploma are running companies. Not too long ago people worked their way up the ladder, and had a good idea how the place ran. Now they just hire MBAs for management, and about the only thing they are taught is that the bottom line is the only important thing. As to insurance, the same thing that happened to college costs and student loans happened. Hospitals charge whatever the insurance company will bear (even if the same thing is drastically cheaper in another country). Insurance raises rates. They can now bear more, so hospitals charge more. Rinse and repeat.This, I am afraid, is very true now that healthcare in ANY form is being SO regulated by government rules. Pre-HIPPA, and electronic charting, things were a lot easier, BUT money has ALWAYS been a big part of the game of medicine, be it emergency, psych, geriatric, or just the old family doctor.
But now there is no pretense. It is ALL about money. I hate to say it, but I am so glad my son studied business. I really wanted him to go in to healthcare, but I could not in good conscience recommend it to any young person.
For the amount of responsibility, and liability, well, let's just say it's becoming as stressful as active duty in the military. PTSD is rampant. And the pay is good, in some states, and some specialties, but I think we made about a third of what we should have if life was fair. Lol, we got guys in the major leagues making millions working 6 months a year that don't even get on base 25% of the time!