This person may or may not be an actual doctor. Stock photo courtesy of NewscomThe debate over American health care tends to focus on how we pay for services, rather than why we pay so much more than any other developed country. In a new working paper, Jeffrey S. Flier and Jared M. Rhoads of the Mercatus Institute suggest that we could lower costs by allowing more people to practice medicine.
In a comparison of 11 industrialized nations, they write, the U.S. has the second lowest number of physicians per capita: “2.5 physicians per 1,000 population, compared to a mean of 3.1 for the group and high of 4.2 for Norway.” The American Association of Medical Colleges anticipates a shortage of 40,800 to 104,900 physicians by 2030, particularly in the fields of pediatrics, primary care, family medicine, and internal medicine. (Not coincidentally, these are four of the lowest-paying medical specialties.)This post was originally published on this site