Jump to content
Premed 101 Forums

How will the compensation for physicians look like in the future?


MasterDoc

Recommended Posts

In Canada, we have a population that is aging which will increase the demand for healthcare in the future. How will this affect compensation? Will the government allocate more to healthcare or will everyone get a smaller share of the pie? 

In the US, everyone is painting a doom and gloom picture of how healthcare will look with their reimbursements going down. 

As someone who is very concerned about the poor job market for surgeons/specialists and considering going to the US me school, is it safe to attend med school in Canada vs US?

Link to comment
Share on other sites

3 minutes ago, MasterDoc said:

In Canada, we have a population that is aging which will increase the demand for healthcare in the future. How will this affect compensation? Will the government allocate more to healthcare or will everyone get a smaller share of the pie? 

In the US, everyone is painting a doom and gloom picture of how healthcare will look with their reimbursements going down. 

As someone who is very concerned about the poor job market for surgeons/specialists and considering going to the US me school, is it safe to attend med school in Canada vs US?

Canada or the US is a small drop in the bucket of overall physician compensation.   If you cant get into Canada, and get in somewhere in the US, you're fine. 

Link to comment
Share on other sites

Yes, it is safe to attend in Canada.  Getting into medical school is no easy feat, you often end up going where you get in.  As a Canadian resident you're often far better studying in Canada as the cost is significant less than the states.  Getting into an Ivey League school and being able to finance that may be an exception. You can do medical school in Canada and residency in the states if you are certain that you want to look at the American job market.  However, getting back to Canada after training in the states may be more challenging.  For most pre-meds steps #1,2 and 3 are study hard, do well on the MCAT, get into medical school.  Everything else is a down the road problem.

You're not going to be starving as a physician regardless of where you are.  What is going to happen with physician compensation is a guessing game at best.  Some of the provinces are getting close to waging all-out war with physicians in contract negotiations right now, but things tend to be cyclical with better pay increases during times of economic boom and bitter relationships during spending crack-downs. If we end up having more private health care emerg in Canada that can have a significant influence on things as well.  It's little more than a guess right now.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...