Click Image to see Source
First of all, the study of medicine is expensive. Medical studies generally begins AFTER completion of 4 years of undergraduate study which includes meeting the pre-medical school course requirements along with obtaining a bachelor's (B.A.) degree in any subject. Medical school itself usually lasts 4 years and is followed by 3-7 years of graduate medical education (internship/residency). That's a total of 11 to 15 years of all out expenses. This site predicted an economic cost per student year ranging from $44,448 for pure instruction to $92,638 for providing an appropriate educational milieu.
Second, Medical Professions are high paying jobs. Go to someone's clinic and compute how much is the consultation fee times the number of patient. A tricycle driver once said, they will just put their stethoscope in your chest and that cost our living for a day.
Watch this for more detail.
I was once a Medical Representative selling drugs to Doctors. Aside from attractive salary, the Pharmaceutical company also pay for advertising expenses, company car, lodging, and representation allowance for us to treat our Doctors. They wont invest this much if medicine is cheap.
Lastly, medicine has to be expensive to make it believable that it can cure you. But think again, does it need to be that costly and complicated or just because Medical Professions have invested so much that they need to catch up with their expenses?
No comments:
Post a Comment