top of page

The Doctor Dollar

  • Nisha Mehta, MD
  • Jan 12, 2018
  • 4 min read

A few months ago, I hired a contractor for a home improvement project. He didn’t know that I was a physician at the time, and we came to a mutually agreeable price.

Fast forward a few weeks, when we realized that we needed an extra, seemingly small, addition to our project. By this point, we’d gotten to talking, and he’d learned that my husband and I were both physicians.

To my surprise, the new estimate seemed obviously inflated. My sentiments were substantiated when he sent a link to the part he was ordering, which listed the price - a fraction of the price that he had quoted me. Not being able to reconcile that 30 minutes of labor and a reasonable middleman charge with the quoted price, I decided to ask for further justification.

Now, this contractor is a pretty candid guy, but even knowing that, his response caught me off guard. He bluntly exclaimed, “Come on! You’re two doctors. I know how much you make. I had over $40,000 in medical bills last year. Are you seriously going to ask about a few dollars?? That money comes so easy to you.”

I took a deep breath. I know physicians have a PR problem - I write about it often. But I had never had someone confront me about it so openly. My head was instantly filled with questions I wanted to ask him, and facts I’d like to throw back at him. How much did he think the average physician made? Did he really think that money came so easily? What proportion of medical bills did he think ended up in the hands of physicians?

I held my tongue as he went on implying that physicians were overpaid, and my head swarmed with thoughts of recent articles implying that physicians order excessive tests to line their own pockets, stating that physicians compensation should be cut, and villainizing physicians simply because of the sex appeal of doing so.

I wanted so badly to tell him about the 31 years of post high school training my husband and I had collectively endured, how my children actually experienced stranger anxiety with my husband during their infancy because they saw him so little, and how this was the first year in over 10 years where our entire summer wasn’t dictated by studying for board exams or applications. I wanted to tell him that I could count how many holidays we had spent as a family faster than I could count how many holidays we hadn’t because we were working. I wanted to tell him about the emotional rollercoaster that goes along with being responsible for the life of an individual and everyone who loves that individual, about the fear of malpractice perpetuated by our legal system which drives defensive medicine, and the dramatic rise in physician burnout as the current landscape pushes physicians to do more on a daily basis, with less compensation.

Emotions aside, I wanted to tell him that the average medical student comes out of training with approximately $200,000 in debt and monthly repayments larger than most people’s mortgages, that only 8% of healthcare costs go towards physician salaries, and that the average full-time physician in the United States works about 60 hours a week, with additional nighttime, weekend, and holiday responsibilities. I wanted to show him graphs demonstrating the rise in the number of health care administrators over the past few decades, along with salary figures of hospital administrators and pharmaceutical and insurance company CEOs, and plot those alongside physician salaries. I also wanted to tell him that I understood his frustration with the healthcare climate, because I felt it too.

Ultimately, I didn’t say much of anything. When he was finished, I asked him to let me know his final price, and I’d let him know if I was willing to pay it, and if not, I’d find someone else to do the job.

I wish I would’ve had the courage to say more. Unfortunately, I felt that the likelihood that he would even be receptive to hearing my position and considering things from the physician standpoint was so little that it probably wasn’t worth the considerable time and angst that would go into painting an accurate picture.

I often think about how the public sees the ‘end game’ of the physician lifestyle, and forgets what went into getting there. Behind every dollar that a doctor earns are at least 11 years of post high school education, 80+ hour work weeks, personal sacrifices made by both the physician and their families, and in most cases, large amounts of student debt. I think about how we as a society are accepting of how much money CEOs, celebrities, athletes, lawyers, and hedge fund managers make, but hold it against physicians. I think about how much misinformation there is out there about the drivers behind increasing health care costs, average physician salaries, and how much control physicians have over things that most patients are frustrated about.

More than anything, I feel disheartened by the disillusionment with physicians. For most of us, medicine is a true calling. While our earnings are high, if you factor in the opportunity costs of a medical training, the average amount of physician debt, and the hours worked, there is no question that economically, the doctor dollar isn’t worth as much as the public perceives. Fortunately, we as physicians also receive the personal fulfillment that comes with patient care and the ability to be a part of our patients’ lives, and it is that privilege that makes it all worthwhile.

I know you’re wondering what happened with the contractor and the job. A half hour later, he texted me and apologized for being unprofessional. I told him it was okay, snuck in a quick few lines about how my medical training process was exactly why I valued my dollar so much, and we worked out a compromise. I don’t hold the interaction against him - he was honest, and said the things that so many think. It’s up to us as a profession to debunk the myth that our dollars come easily.

Have you had a similar experience? How did you handle it?

58 Comments


Ella Baker
Ella Baker
a day ago

Wow!! What a collection you have. It's surely recommendable. You also may know that the LATAM Airlines headquarters serves as the central hub for the airline’s corporate operations, management, and customer service activities. From overseeing flight operations to managing global business strategies, the headquarters plays an important role in maintaining the airline’s extensive network across South America and international destinations. Passengers often contact the LATAM Airlines headquarters for assistance related to bookings, travel policies, baggage concerns, refunds, and other airline services.

Like

Sharon Lambert
Sharon Lambert
May 07

Passengers searching for the aer lingus terminal ewr should know that Aer Lingus operates from Terminal B at Newark Liberty International Airport. This terminal is mainly used for international flights and is designed to handle long-haul transatlantic travel efficiently between the United States and Ireland.

At the aer lingus terminal ewr, travelers can access check-in counters, self-service kiosks, baggage drop facilities, security screening, and U.S. Customs and immigration services for arriving passengers. The terminal also offers restaurants, cafés, retail stores, seating areas, and essential passenger services to support a comfortable airport experience.

Passengers flying with Aer Lingus are recommended to arrive at least three hours before departure to complete check-in, baggage processing, and security procedures smoothly. Real-time flight information screens help…

Like

Kevin Peter
Kevin Peter
May 06

Superb post. I have already said that you are a great author. Thanks for sharing this kind of content. You may discover more about Southwest Airlines Terminal at MCO Airport was really impressed with their expanding network and affordable routes. Southwest Airlines operates primarily from Terminal A, handling a large number of domestic flights. Passengers can access check-in counters, security checkpoints, dining options, and various passenger services within the terminal. It is recommended to arrive early to allow sufficient time for check-in and security procedures.

Like

Charles Jones
Charles Jones
Apr 25

The Turkish Airlines Karachi Office Address is a convenient place for travelers in Pakistan to get assistance with flight bookings, ticket changes, and travel inquiries. It provides reliable customer support, helping passengers manage their journeys smoothly and efficiently.

Like

Sarah Adele
Sarah Adele
Feb 26

Choosing an effective simple risk assessment template makes hazard identification more organised and transparent. UNICCM explains how structured documentation improves communication within teams. The article emphasises prevention as the foundation of workplace safety. With consistent monitoring, organisations can reduce long-term liabilities.

Like
Featured Posts
Recent Posts
Archive
Search By Tags
Follow Nisha Mehta, MD
  • Facebook - Black Circle
  • Twitter - Black Circle
  • LinkedIn - Black Circle
  • Instagram - Black Circle

Follow me on social networks

  • Facebook - Black Circle
  • Twitter - Black Circle
  • LinkedIn - Black Circle
  • Instagram - Black Circle

Join my mailing list!

Stay informed of new blog posts and upcoming appearances!

© 2017 by Nisha Mehta, MD

bottom of page