Most GPs don't make the kind of money many people think they do. The bigger money is in specialties and that can vary depending on the specialty. But for the average GP, not so much. I have known some GPs that were only getting about $140k right out of school. Sounds like a lot until you factor in the cost of the student loans for at least 20 years which is not cheap. The cost of getting that sheepskin has also dramatically increased in recent years. In addition, most of them are working for corporates now or small group practices. The days of private practice are in the past. The ACA also accelerated that.
Till the ACA, catastrophic insurance used to be available. You used to be able to get that coverage fairly cheaply. That is all I had for years and I was glad I did. I was nailed by a drunk driver and spent nearly 5 months in hospital and several years of recovery. I was only 24 at the time.
The ACA killed all that by requiring all medical plans to cover things most people don't need or want. So they blew the entire system up to cover a very small number of patients and called it a win while the majority of people got screwed. The insurance companies are the only ones that made out and in spades. Still waiting for my $2500 and I lost my doctor.
You mean the Affordable Care Act - right? (ACA). I saw AOC so many times I had to go back and look it up. I knew it was ACA, but seeing AOC and you talking about GPs made me think you were British and they renamed their NHS. The last time I heard someone call doctors GPs I lived in London.
Thank you for your service. No doubt the UK has changed a lot since you were there. UK citizens are soon going to be seeking asylum in other countries.
Most GPs don't make the kind of money many people think they do. The bigger money is in specialties and that can vary depending on the specialty. But for the average GP, not so much. I have known some GPs that were only getting about $140k right out of school. Sounds like a lot until you factor in the cost of the student loans for at least 20 years which is not cheap. The cost of getting that sheepskin has also dramatically increased in recent years. In addition, most of them are working for corporates now or small group practices. The days of private practice are in the past. The ACA also accelerated that.
Till the ACA, catastrophic insurance used to be available. You used to be able to get that coverage fairly cheaply. That is all I had for years and I was glad I did. I was nailed by a drunk driver and spent nearly 5 months in hospital and several years of recovery. I was only 24 at the time.
The ACA killed all that by requiring all medical plans to cover things most people don't need or want. So they blew the entire system up to cover a very small number of patients and called it a win while the majority of people got screwed. The insurance companies are the only ones that made out and in spades. Still waiting for my $2500 and I lost my doctor.
You mean the Affordable Care Act - right? (ACA). I saw AOC so many times I had to go back and look it up. I knew it was ACA, but seeing AOC and you talking about GPs made me think you were British and they renamed their NHS. The last time I heard someone call doctors GPs I lived in London.
Thank you. Brain fart on my part. I went back and corrected my mistake. : )
GP is an older term for sure - like me. It means General Practice. Now days it's more like PCP, Primary Care Provider or Internal Medicine.
Right - my first duty station in the USAF was in England - as an 18yo. I had zero idea what these "GPs" were.
Thank you for your service. No doubt the UK has changed a lot since you were there. UK citizens are soon going to be seeking asylum in other countries.