GROWTH OF PHYSICIANS' AND ADMINISTRATORS' SALARIES
Next time you get a doctor’s bill, ask how much you’re paying for someone to “administrate” your care.
Fund, a health care policy organization, American insurers spend more than $600 per person on administrative costs, more than twice as much as in any other developed country. Next time you get a doctor’s bill, ask how much you’re paying for someone to “administrate” your care. This spending is often government-led busywork – it means meetings... coffee-cup carriers... and paper pushers. Many of these administrators have no clinical experience. But they’re increasingly “in charge” of dictating how, when, and where physicians and health care providers work. And none of it helps you reach your goal: to get well. The major problem with these business- focused administrators taking over medicine
These administrators aren’t necessarily the most qualified... But a 2014 analysis by the New York Times shows that they are the most- paid... The base pay of insurance executives, hospital executives, and even hospital administrators often far outstrips doctors’ salaries, according to an analysis performed for the New York Times by Compdata Surveys: $584,000 on average for an insurance chief executive officer, $386,000 for a hospital CEO and $237,000 for a hospital administrator, compared with $306,000 for a surgeon and $185,000 for a general doctor. All these salaries for administrators add up. And the pricey administrative spending doesn’t stop at hospitals... According to a study by the Commonwealth
36 September 2018
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