Physician Salaries


October 25, 2004

Philip Greenspun has recently linked to a very interesting article on physician salaries.

According to the most recent results published in Physician Socioeconomic Statistics 2003, the average physician in the U.S. makes around $200,000/year after paying malpractice insurance and all other expenses.

Food for thought for those of you currently in med school, and not currently in med school.

This, of course, reminds me of Philip's quote in his essay, Tuition-free MIT:

"My top students in Course 6 are all telling me that they don't want to be engineers. They are heading for professional school. We will live in a society where the best educated engineers are not designing anti-lock brakes. They are either managing comparatively poorly educated people who are designing anti-lock brakes, stitching up wounds in people who were injured by faulty anti-lock brakes, or defending companies that got sued for their anti-lock brake systems that didn't work."