kdsub
Posts: 12180
Joined: 8/16/2007 Status: offline
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quote:
ORIGINAL: popeye1250 I read somewhere a few years ago that Doctors "average" $119k per year depending on specialty. Not a lot of money really. Master Plumbers make a lot more as do some Airlines pilots. A Capt on some big city Fire Depts makes about $120k. Of course some surgeons and other specialties "average" far higher. Some heart surgeons make $300k or more per year. Now,...insurance executives make $millions$ of dollars per year. I found this popeye on the Department of Labor website. A few years old though Earnings Back to Top Earnings of physicians and surgeons are among the highest of any occupation. The Medical Group Management Association’s Physician Compensation and Production Survey, reports that median total compensation for physicians in 2005 varied by specialty, as shown in table 2. Total compensation for physicians reflects the amount reported as direct compensation for tax purposes, plus all voluntary salary reductions. Salary, bonus and incentive payments, research stipends, honoraria, and distribution of profits were included in total compensation. Table 2. Median compensation for physicians, 2005. Specialty Less than two years in specialty Over one year in specialty Anesthesiology $259,948 $321,686 Surgery: General 228,839 282,504 Obstetrics/gynecology: General 203,270 247,348 Psychiatry: General 173,922 180,000 Internal medicine: General 141,912 166,420 Pediatrics: General 132,953 161,331 Family practice (without obstetrics) 137,119 156,010 Footnotes: (NOTE) Source: Medical Group Management Association, Physician Compensation and Production Report, 2005. Self-employed physicians—those who own or are part owners of their medical practice—generally have higher median incomes than salaried physicians. Earnings vary according to number of years in practice, geographic region, hours worked, skill, personality, and professional reputation. Self-employed physicians and surgeons must provide for their own health insurance and retirement.
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