It's a gatekeeping problem. Doctors don't want more doctors because it dilutes their own value, so medical school and residency spots are kept artificially limited.
This is oft-repeated truism, but what evidence do you have for this?
Here are some facts:
- Ultimately, the main chokepoint for the number of trained physicians is the number of residency spots. You can cut the price of med school to $0, you'll eventually end up with minimally more fully trained doctors because they need a residency spot.
- Residency spots are paid for by the federal government. Congress controls the number of available spots. Medical professional bodies do not determine this.
- The AMA has consistently asked members to support legislation increasing funding for GME positions (https://www.ama-assn.org/about/leadership/more-medicare-supp...). At one point (late 90s) they opposed expanding the slots, but this has not been true for some time. And, even if it were true, it's ultimately still not their call.
This is oft-repeated truism, but what evidence do you have for this?
Here are some facts:
- Ultimately, the main chokepoint for the number of trained physicians is the number of residency spots. You can cut the price of med school to $0, you'll eventually end up with minimally more fully trained doctors because they need a residency spot.
- Residency spots are paid for by the federal government. Congress controls the number of available spots. Medical professional bodies do not determine this.
- The AMA has consistently asked members to support legislation increasing funding for GME positions (https://www.ama-assn.org/about/leadership/more-medicare-supp...). At one point (late 90s) they opposed expanding the slots, but this has not been true for some time. And, even if it were true, it's ultimately still not their call.