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Money Matters PDF Print E-mail
Written by Neil Chatterjee   
Tuesday, 14 April 2009 20:42
The other day, I went to hear a chiropractor speak about the profession. As a pre-med, I felt obligated to hear about the vocational options I have for the future apart from becoming an MD.

The approach of the presenter was to draw comparisons between the benefits and tasks of physicians and chiropractors.

“What are the reasons you all want to become doctors?” She asked.

Of course, the usual personal-statement answers were thrown back at her: “to help others,” “because I’m very interested in science,” “when I was five I pretended to perform open heart surgery on my raccoon beanie baby…”

You know, the usual answers. But apparently the usual answers didn’t suffice. She persisted in asking for more reasons, looking for one in particular that none of us were willing to say.

Until finally she caved and said, “What about money?”

Some people caught on. There were a few audible “Oh yeah”’s, even someone who went right ahead to say, “we don’t care about money!”

We don’t?

The nobility of practicing medicine is universally understood. Many, if not most, of those who enter the field do so because of compassion towards others. It’s also easy to put money on the fact that many are also fairly scientifically oriented.

But it’s difficult to believe that money plays no part in wanting to practice medicine. Here are some figures to think about:

According to the Association of American Medical Colleges, tuition in Illinois for average first-year med students is $26,722 in-state, $57,064 out-of state. Now multiply by four. Those figures are for public schools only.

Add a rough estimate of $50,000 annually for malpractice premiums.

Now, factor in unemployment nearing 10 percent, increased state taxes for the past four years and stagflation patterns continuing for the time being. Actually, stop doing math, because we all know the economy’s tanking.

So how was money never a factor?

Even when I was a kid, I knew that I wanted to do something that I truly enjoyed doing. But I also knew that the professional field of medicine wields a decent pay grade. CNN reported that for a General Practitioner in 2008, the median salary was around $147,000.  

I would love to help people with my job. I’m also infatuated with the sciences, especially those involved in medicine. I’ve been yearning to be a doctor since I was a kid. But I also enjoy the thought of having some financial security after all of the years of work I will put into training.

Maybe, some people genuinely don’t care about money. And maybe some people just feel as if they need to be martyr’s to become physicians (or get into med-school).

Hopefully, it’s less of the latter, but you have to wonder…
    …Thoughts?

 

 
Universally Misled PDF Print E-mail
Written by Rohun Palekar   
Friday, 03 April 2009 16:44

By Neil Chatterjee 

 

Buzzwords dominated the recent (well… not so recent) election cycle: Maverick, change… lipstick pigs. The usual campaign jargon that lit up the campaign rallies. Along with it came the usual campaign coverage that falsely gave CNN the impression that it was “the best political team on television.”

But one term was tossed around more freely than late night Sarah Palin jokes.

Universal healthcare.

Ah, yes. The cure for the plague that is the American healthcare system. The one policy dosage that could heal something both politicians and physicians could not. What is universal healthcare? Well by definition of those on the campaign trail:

Universal healthcare (n.): A fuzzy (misleading… and somewhat meaningless) term that people hear to think that medicine will be perfect and just about free.  A term often used to invoke cheers and exuberance in order to make MSNBC’s top ten plays.

But interestingly enough, the demographic reportedly most against the thought of Universal Healthcare is composed of, well, doctors.

Yep, the same people who are heralded as compassionate healers. The same exclusive club that many students, like you and me, aspire to join.

The practice of universal healthcare elsewhere in the world has been hit or miss for the counties that have started it. In some cases, insurance costs are cheaper, drugs become less expensive, and the overall industry of healthcare is more soundly distributed amongst the population.

But doctors are also responsible for finding out what’s wrong with the patient. And if Universal Healthcare is the patient, there’s a bleak prognosis.

First, and foremost, the quality vs. quantity argument is not at bay with any future plan. Doctors are worried that cutting costs will mean cutting resources (they will). Patients may have restricted freedoms in choosing physicians and various other sectors of their healthcare. With reductions of drugs and healthcare costs, increasing availability may in fact reduce the overall worth of medical care.

In order to reduce costs of health insurance, tax dollars shift from alternate resources for the federal government to meet insurance companies half way, and any minimal tax increase the government may laud for compensation may be deceiving.

Take Medicare for instance. During Medicare negotiations during the ‘60s, single-payer system advocates claimed that expenses would hover around $10 billion by what would be the beginning of Clinton’s term.

Woops.

The program led to a cost of around $66 billion in 1990. They were off by a buck or two.

The federal government has had a notorious tendency to undercut ballooning expenses, which makes for a building sense of uneasiness. So in other words, in such a troubling economic climate (things are bad, we know), healthcare may not reach that level of universality for some time now.

But saying “Universal Healthcare may not work” doesn’t fix the lingering problems of our healthcare system. Healthcare eats up 16 percent of our GDP, which isn’t even close to what other expensive healthcare systems costs (about half, actually). As Pre-med students caught up in the political climate of our nation, one should find necessity into learning the healthcare system that we will try to jump into with time. So how can a pre-med UIUC student fix the mess of healthcare today?

Before being pardoned for jumbling up his taxes (figures), Former Senator and former Secretary of Health and Human Services nominee Tom Daschle mentioned that our goal should be to keep the quality of technology, drugs and insurances. But he also said that the ability and drive of physicians is what healthcare is hinged on.

Regardless of what the talking heads in Washington decide, Doctor’s still need to learn their stuff. That notion is, truly, universal.

 

Last Updated ( Friday, 03 April 2009 16:48 )
 


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