O
Oscarthecat
Guest
I don’t think that is an entirely fair assessment.Oncologists can make that money because people are so desperate to survive cancer that they and their insurers will pay and there would be an even greater outcry if insurers whined more than they already do about paying out.
A thing is worth what someone will pay for it.
While market forces certainly are at work in determining physician salaries, your statement seems to accuse doctors of price gouging. Rather, the market forces at work have more to do with determining the value of a physicians labor commensurate to their investment of time and money in years of school training, the level of stress and responsibility as compared to other, non-medical, fields, and the need to maintain competitive wages with other comparable careers to which physicians may be drawn.
I seriously doubt that oncologists, or any physician in this country for that matter, consider how to cash in on the individual’s desperation. I find that to be a gross misrepresentation of how medical billing is managed at the level of direct care, in this country, at least.
The only arguable exception to this would be the elective surgical fields, like plastic surgery or laser eye treatments, which are usually not covered by insurance. Interestingly, though, the cost of those kinds of procedures have consistently gone DOWN over time, while the cost of treatments covered by insurance have typically gone UP over time.