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Originally Posted by teyates:

HF, I guess it is all in what you want to do.  I got my flying license for about $5000.  I see all the time where I could go become an ATP for $50K.  Again it is what you want to do.  Did not say it was a good investment, is what you are taught at Embry Riddle that much different than any other flight shcool?. 

Never said it was and I did not go there and I am old enough when getting your private cost around 3000. 

My complaint is that a person can spend $300K going to medical school and have to work 60 hours a week to make ends meet and maintain their office staff.  They have to build a practice, did you buy the airliner and pay the flight attendents?.  Meanwhile, the federal government and the insurance industry dictates to them (physicians) what they will charge and what the comapnies will pay. In the mean time the government passes laws that tells you how you must see a patient and what hoops you have to jump thru to do it.  you on the other hand have a union to back you up, negotiate your payments and secure your benefits.  i beleive in another thread you commented onhow necessary they were for you profession.  Guess what, the government says doctors cannot have a union, that way it would be illegal for them to negotiate collectively.

See you might borrow $100K to become a ATC/ATP but in return you get to determine how you practice that craft.

Not sure I follow my company tells what to fly and where.

A phsycian who spends 12-15 years in training and spends $25$-$300K is told to take 60% of what they will pay and shut the hell up. And you wonder why it takes them 20 years to pay it back?

And as far as making a mistake, I don't know too many doctors that will tell you if they had an opportunity to do something else they would not do it.  The paperwork and regulations make it a PITA, not so much the people you get to take care of.

Listen I agree you MDs are getting a raw deal with Obamacare I was commenting on not having loans paid by 50.  I agree that Riddle is probably not a wise investment especially for someone who starts later in life, you will be hard pressed to recoup the investment.  The same goes for a MD it would be unwise to put yourself in that position "bad decision making"  I work with a guy who put two kids thru Dartmouth University both got liberal arts degrees one in Literature and the other in Philosophy probably not a good investment. 

I am at the pinnacle of my chosen profession and it took me over 15 years to get here.  Sure you can get your ATP rating on the cheap. That might get into the right seat of a commuter airline where you can expect to stay for 5 to 10 yrs making a salary that in many cases qualify for food stamps. 

Listen I do not love Unions they are good ones and bad ones.  Like I said I believe they are needed in my profession but that is a opinion. 

Perhaps you should look at doing what my friend is doing he is going a Valet MD service where you pay a yearly fee to see him and no Insurance involved. 

 

I have another buddy who is using our "pilots" decision making process to try and reduce MD/Hospital errors in treatment.

http://medcitynews.com/2013/02...uce-surgical-errors/

 

Also do not buy a Bonanza!

Did not ask nor do I want your sympathy.  I chose my career.  The problem I have is that the rules change all too frequently, and it is done not by my employer, but by the government which is supposed to represent me.  To this day, and it has been so for the past thrity years, the Congress must vote each year whether or not to cut what is paid from Medicare. Each year the threat comes for 3% or more.  Since I started activep ractice the reimbursement for procedures has decreased, in some areas up to 20%. There is no such thing as a COLA nor increase that has been implemented in an effort to retain physicians who want to accept and care for Medicare / Medicaid patients.

All you hear is that the "rich doctors" are taking our money, don't pay their taxes, getting rich off the sick and indigent.  And yes, there are some unscruptulous thieves out there in this profession, as there is in any profession.  Most however, work hard, much more than 50-60 hours a week, and are on call most holidays, and pay their taxes.  The interest on their loans and theirs kids' college loans are not tax deductible because they "don't fit the criteria".  But I am not bitter about my profession, what I hate most is the misconception.

If you work for a living you know how important it is to be paid for your labor, because if you are self employed you have costs and responsibilities to your employees. when the government says "we will pay you 60% and you can wait 6-7 weeks to get it", it sometimes akes you leery that they have your best interest at heart.

I do not begrudge the unions, but I would find it hard to pay my hard earned money to an organization if there was no need for them in my place of employment. If I was happy, paid on time, had good benefits and a compfortable place to work, without the union, then why would I want to pay them extra each month? That was my contention on the VW thread.  The employees were happy and the majority said they did not need it, and I can see where they were coming from.  In my profession, the federal government has said that physicians cannot be part of colective bargaining, yet they decide what you will be paid and when you will be paid, and how may hoops you must jump thru to qualify for that payment.  the AHA adds hundreds of pages of regulations to what is already a very stressful job, on top of adding more costs to that doctor to implement. Now however the charge cannot be passed onto the patient if you accept their insurance, you just have to eat it.  The newest numbers show that the EMR recommendations in the AHA will cost the average physican office about $75K to implement.  That is money he or she cannot recover.

Last edited by teyates
Originally Posted by HIFLYER2:
 

I have another buddy who is using our "pilots" decision making process to try and reduce MD/Hospital errors in treatment.

http://medcitynews.com/2013/02...uce-surgical-errors/

 

Also do not buy a Bonanza!


He probably got some of my money.  I went to one of those classes years ago.  It was interesting and the Crew Management philosophy they introduced is used all the time in medicine.

Sorry, not a Bonanza guy, although I did own a Sundowner once....haha.  Bonanazas are nice and fast, but if I gotta be somewhere in a hurry I had rather a professional fly me there, like you. And if I need a cardiac cath, I don't want a plumber to do it....haha

Originally Posted by teyates:
Originally Posted by HIFLYER2:
 

I have another buddy who is using our "pilots" decision making process to try and reduce MD/Hospital errors in treatment.

http://medcitynews.com/2013/02...uce-surgical-errors/

 

Also do not buy a Bonanza!


He probably got some of my money.  I went to one of those classes years ago.  It was interesting and the Crew Management philosophy they introduced is used all the time in medicine.

Sorry, not a Bonanza guy, although I did own a Sundowner once....haha.  Bonanazas are nice and fast, but if I gotta be somewhere in a hurry I had rather a professional fly me there, like you. And if I need a cardiac cath, I don't want a plumber to do it....haha

You are a smart man.  Trust me I always defend your guys pay like I said if it was easy everyone would do it.   I agree the government is selling you MDs down the river and it scares me me I want good MDs in the future.  My daughter is planning medical school so I am spooling up on schools and options.  I bet if you do cardiac stuff no one ever argues money when they need your services.

Well good luck to her.  My son changed his mind in college and in a way I am happy he did.  I think he will be much happier.  My daughter is toying with the idea, and I will not discourage her, but I am afraid of what the future holds for these younger guys.  No one except the rich can go to medical school and not come out in debt.

I do not do cardiac stuff, but have friends who do.  It is a tough demanding profession, and when I hear what they are paid I am just astounded.  Insurance alone can cost them $45-50K, OB is even worse.

As far as flying I love it, but know the difference in a hobby and a profession.  I had much rather be on the ground wishing I was in the air, than in the air wishing I was on the ground....haha

Have a good one, and take take offense at what I said.  It is just that I know lots of people who think it is easy to pay back medical school loans, but it can be hard according to the place where yu practice and the speciality.  This is one reason it is so hard to recruit physicians to a rural area.

Check how this restaurant chain is handling the health care change. I'm betting most will follow suit.

From the “You Knew it Was Bound to Happen” department: Restaurants in a Florida chain are passing along the costs of ObamaCare to their customers, via a one percent “ACA surcharge.”

Signs on the doors of eight Gator’s Dockside casual eateries and at tables alert diners to the fee, which is also listed separately on the bill.

550x343x140226141903-obamacare-surcharge-620xa-550x343.jpg.pagespeed.ic.elfAoJWsh4

Although Gator Group’s full-time hourly employees won’t actually receive health insurance until December, the company said it’s implementing the surcharge now because of the compliance costs it’s facing ahead of ObamaCare’s employer mandate, which kicks in in 2015.

While this particular charge is a mere 20-cents, something tells me this isn’t the last “ACA surcharge” we’ll see, because – as we all know – someone has to foot the bill, and I can’t imagine businesses are going to want to make less money.

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