Top 10 Highest Paid Doctor Specialties | Why Are Only Some Physicians Wealthy? 

Honestly, sometimes I just click on your videos to hear the "What's going on guys, Dr. Jubbal, MedSchoolInsiders.com" rhyming with the bgm.

You need connections to do routine jobs that pay well.

Do you think a plastic surgeon (cosmetics) in LA or Beverly Hills would make like $2,000,000+ a year?

Med School Insiders Physicians pay is actually going down.

Physicians are being replaced with machines and mid-level providers. Job growth for Physicians is on the decline.

And youtubers are making more like wtf!!!!!

N E H A A The fact that people who play sports professionally like football players are getting paid more than physicians/surgeons. Which they work 60 hours a week and barely get any sleep.

サバレタ-しない i know right

I agree

It's all supply and demand. No one is sitting somewhere deciding who earns how much.

Hahaha, we are the same

Same

i’m 15😭

13

I’m 12

Adnan A hmm. I honestly think the general public’s idea of just how rich a doctor....any doctor Is perfectly accurate. In the thumbnail it’s a split screen between a “well off doctor” and a filthy rich doctor. I can almost guarantee u that despite the income varying wildly by specialty even a well off doctor is richer than the vast majority of the us population. Boo hoo, u only made 200K instead of the surgery average $300-$500k.

@@leilanidru7506 The doctor making 200k also went to medical school for years and forwent salary for those years, not to mention accumulated debt. The average medical school costs hundreds of thousands of dollars.

Imagine going through 10+ years of school and residency with loans and at the end of it still not living a lavish life lmaoooo

A V duh. Who in their right mind would undergo almost half a million dollars in debt for an average salary and payoff? Their income is their greatest weapon and it’s pays off in the long run. Of course they’ll be behind their peers in the beginning but obviously approx mid- late 30s their income shoots up and being a doctor actually pays off. Handsomely. Even if u account for the couple years it’ll take them to pay off that debt. They’ll be behind at first but will in the long run become part of the top 5% income earners in the US.

@@VidaV they do get paid in residency 🙄🙄

60hr weeks are the average workweek for docs in the US. That's 5 12hr days a week....hardly overachieving.

@@nater88dawg Hope those people are doing something they really really enjoy! Because 60 work hours plus the related time getting ready for work means a lot of time! It doesn't surprise me when a lot of older overworked doctors are fat and disgusting potatoes with tonnes of wrinkles and eye bags once I hear their schedules. They are always amazed that I keep up with and often know as much or more about whats new in their specialty since they don't have the time to keep up with research when they have those schedules and a family. When you are hitting over 60 hours a week, I really think its valuable to hire a part time assistant. Maybe that might just be for cooking or cleaning, but you can also hire an online research assistant to keep you up to date. Personally, I wouldn't have kids if I did 70 hour workweeks. Why produce children to farm them out to a babysitter? The point of having a family is to spend time with them. Kids need love more than they need an iPhone X or a brand new car for the 17th birthday. Let them get a used one.

All I want is to provide my family with the highest quality of life and means to succeed possible. So yeah.

Peolple that work 40 are going through that without the big house 😅 so yeah I’d rather work 60

duke1duke1 thats what poor people say

nita cezar Your education is cheaper though right? My medical school is 60,000 US dollar per year

@@FishBoneD14 well, yes it's free, and now salaries have a tendency to go up, but before they were around 30k, so i'd rather have 60k debt and a decent salary than no debt and shitty salary for the rest of my life. Hopefully when I finish things will be better:)

nita cezar 60x4 not just 60 lol 😆 so its 240.000$ and plus pre med which is 4 years so you’re looking at like 300.000-400.000$

@@99cezar But they also get to start their medical school journey sooner, because it's post-high school, not post-bachelor's, so it's not just a trade-off of money, but also time and preparation.

You could go work in the US right? Or other high paying places like the Netherlands or Australia.

Same, but I'm a freshman

Same, but I'm a freshman

Same

upcoming freshman 😂

livelykath same

Davchan and latino parents and grandparents

My Black and Native American relatives whispering about med school in my ear.

And Indians too😕

It's all about being practical, they say

And African parents 😭

Mondo Med I can’t chase medicine if I don’t have money

That’s not the point of this video. Also if you don’t understand how much your future job will pay you you’re crazy.

Well money makes me happy and I am willing to work hard for it

Mondo Med tell that to my bank account!!

wrong

Why are you doing plastics

Nimco Hussein he’s doing it for money lol

Austin Ryser 😂 true

Hypocrite. Enough said.

You look fine though, not much that need surgery

What did you do to get straight As in AP classes? Considering you got to Stanford, you must've had a good strategy, and intelligence.

Lilliam Pumpernickle study

Lilliam Pumpernickle It definitely has to do with studying efficiently. While most people spend time reading and rereading, I created my own flashcards that didn’t necessarily involve memorizing, but tested my ability to think and explain a particular concept. Also, I’m really on top of my homework/tests so I absolutely don’t procrastinate. I find that scheduling helps you stay productive and allows you to enjoy leisure time without feeling guilt.

Lilliam Pumpernickle Good luck on your journey! I hope to see you here someday.

@@SunSunSunn thanks for replying lol. I'm equally as smart, or smarter than a good amount of the higher rank students in my school class, but effort really brings me down. I usually don't prioritize school work as soon as I get home. The procrastinstion gets the best of me haha. I'll try out your method next year( Ill need it) for AP chem, AP bio, AP English Lang, and APUSH

soccerjoker95 not true

They enjoy when they retire, just as most people.

bullshit. my doctor friends have boats, eat at the finest restaurants, take extravagant vacations and enjoy all manner of luxury.. there is plenty of time to enjoy it.

soccerjoker95 ideally, they should enjoy their career. Most are completely content

My dad is doctor and he works like 30h a week

It's enough to be comfortable if you're single, maybe a wife and 1 child, and not living in a ridiculous place like NY or CA. You definitely won't be vacationing in the Hamptons or Martha's Vineyard, though. No gambling trips in Monaco, no breakfast on the French Riviera. Hell, I made $80K last year and it really didn't feel any different than earning $55K - $65K, because I'm just putting more into retirement. So while my coworkers drive newer cars and have nicer clothes, I drive an 18 yr old car and usually keep shoes for 10+ years, clothes twice as long. I still have t-shirts from the 80s and 90s. If you ever get your income to $70K, just resist the temptation to spend more. You should save more, because you can't work forever, and you'll want to have fun when you're retired and can do whatever you want all day, every day.

SuperN0va Well, you can die before retirement and all of that sacrifice will be in vain. Besides, wenn you are old you no longer want trips or fancy cars. You will just wish health.

@@luiza2021 you make a great point, however even if I die tomorrow, I have a wife and children to think of, and one child is still school age. So my savings would not be in vane. Also, the things I want to do won't change when I'm retirement age. I'm 44 and still want to fly model rockets, play video games, enjoy astronomy, read books, and I will always be a "car guy". But of course I will want to be healthy. If I didn't save and lived like there was no tomorrow, I'd be guaranteed to be in terrible financial shape if I live to retirement. Risk vs reward says I should save, so that is what I do.

That's nothing

bro 50k every year is way more than enough if you are single

@TRP What? I know several doctors and all have been sued 5-10 times. It's pretty common, but yes that's why they have malpractice insurance

The Secret Surn if a patient dies or something goes wrong, which is so sad that they get sued since all they did was help as much as they could, i guess some people don’t understand that and just want someone to blame lol

Hear me out, we lower the cost of healthcare per capita by reducing physician salaries, including the specialist, but in turn allocate federal money so that every physician who makes it through medical school, residency, and dedicated x amount of years to being a practicing physician will never have to pay a cent of that debt back. That way physicians will become medical professionals for the right reasons, not the money. And they can’t complain about the ridiculous debt anymore. America is approaching a physician shortage, I think it would work. Not saying we pay them scraps, but nothing above 250k. Obviously if you own your own practice it’s different and more like a business, making the sky the limit.

@@AirKaos that sounds really good, but it prolly won’t work

@@jayg.4816 Agree. Just like communism, sounds like a great idea, but most likely wouldn't work

Google Will Know Legit the reason when its time I will try to match into anesthesiology, it’s the least amount of work and it pays rather well. I also like the field, but that itself is a secondary factor.

I’m not smart enough to become a doctor but I do recognize the fact that if you want to be rich or whatever, medicine is not the way to go, unless you go for something like spinal neurosurgery. The years and years it takes to earn the large salaries and the debt is altogether not worth it.

@@richboiz8804 I can't say it's the least amount of work. If you're looking for bang for your buck, I think EM is the best paid specialty per hour worked. Also, in anesthesia, you most likely have to do a fellowship unless you want to babysit CRNAs all day

You could pay that debt in two years if you do t live like your a millionaire

@@richboiz8804 I find it boring but otherwise you're right. After induction, most of the work, for better for worse, is done by nurses.

Ken Kernen tru💯 outliers and skewness of the data can paint a slightly deceiving picture.

Ken Kernen its surprising how many people will fall for averages as if there aren't typically extremes

Isn’t average and median the same thing. Lol.

Bubbas Ernie no. Average is the mean. And median is the middle. Mean is sum divided by the number of people or units or whatever. And median is literally just the middle of the data and the line in which 50% of the data falls below and 50% fall above. For example, if you put 12 people in a room (let’s call it the red room) and calculated their average income. Let’s say 10 of them are McDonald’s workers, 1 is bill gates and the other is warren buffet. Add their net worth and divide by 12 and the average or mean will come to billions of dollars but the two outlier billionaires in the room skewed the data and misrepresented the true income of the group. So say I wanna become a red room member and see that the average income is 55 billion dollars, this is misrepresentative because the vast majority of people in the red room don’t make that much. But if you were to draw a line down the middle it would give you a way more accurate representation of what ur most likely to make if u join the red room. Because the median isn’t affected by outliers. You just arrange the numbers from lowest to highest and the middle income is the median. Which means half make higher than that and half make lower than that. ( this middle income will likely be a McDonalds worker and not a billionaire because they are on the far end of the data set) I hope this long winded example made sense.......

Bubbas Ernie therefore, median is a far better representation of averages (for the most part) than the actual calculated average/mean. Because the mean is heavily affected by outliers.

So bill gates warren buffet is not happy

Fuck u

I heard that from emeniem

No no that is wrong it makes it more easy you can be depressed as f and have billions

How this can happen you may ask ez a girl that you loved left you cheat etc you have no friends and things like that

They make very good money

I'm going to school to become a psychiatrist they make very good money maybe not have a million but more than enough money a year to be very comfortable and one of the biggest trade offs about being a psychiatrist is that you only work 40 hour weeks maybe a bit more but you can actually enjoy the money you make as compared to a surgeon (much respect to them) they make a good amount more money but they don't have much leisure time to enjoy it.

You can do it!

Same .,.

Please do so! In my family, there is a long history of endocrine problems, but endocrinologists do not exist in my city :/

Many diabetics are handled by family doctors

@@joywebster2678 yes , sugar patients should never rely on the doctors in their area , they'll only end up with their conditions getting worse , I hope I'll become a humble one in the future to treat every single patient with my heart not for the money

Ok bro

Okay, please close your eyes, I'm praying

You don’t pray to become a Dr you work hard for it

Boring!!😴😴😴 like everyone, i rly wants to know what u guys like in med 😷😷

Bad Otaku what I like about medicine is having acl reconstruction surgery and being thankful for my surgeon because without him I wouldn’t have been able to walk again... so I wanna help people the same way I was helped

Hello beautiful

@@joezerchagas5273 creep

@Cinnamon Smiles how are you doing

lifestyle inflation is a bitch

Boohoo

No way they’d have less than 1000 in their savings lmao

@@mutalemalama they absolutely positively do. Obviously not all of them but there’s no way for me to explain to you how common it is, they’ll just smoke their credit card and pick up a few extra shifts to pay it off. It’s far more common than you imagine it’s also common for them to call in with a sob story for an advance on their check. Again not all of them, but my god IT ABSOLUTELY happens

this is why when I become a doctor I’m gonna have a side hustle

That’s so amazing to hear!

This is inspiring

@simply elizabeth Idk yet. I'm going to start nursing school in March. In comparison to the American nursing school, nursing students in Germany get paid, there are more practical phases and you have slightly higher chances to get to study medicine when you finished the nursing program.

Tagträumerin Das ist großartig!

DO IT!!!😚

@aloha update: Nursing school is great. I just can't wait to get into med school to learn even more about medicine.

@@tagtraumerin5077 idk I heard nurses don't earn much. But I heard BSN rn nurses earn the most

Same, I want to be an OB GYN so it was kind of concerning when it didn’t make a single list 😂

It was way down but was on the list.

How was the EMT-B to Surgeon pipeline?

People skills are a surprise in anesthesia, most are introverts who love chemistry and tech. You sound more like a recovery room RN

Update.

Because everything is relative. If you’re comparing it to other specialties that’s not a ton. But if you’re comparing it to The average salary, That’s amazing

I agree with what Levi said. Also, you have to take into account that the average Dr graduates with $200k in debt, and that debt accrues exponentially during the 3-7 years when they are only making around 50k (residency).

@@samuelsquires4585 Haha. Well here in Texas med school costs are almost close to European and Canadian schools.

Doctor salary has increased in recent years, but only numerically. When adjusted for inflation, doctors in the 80s and 90s were making about 33% more than their counterparts today, with much, much less student loan debt. There was also less hassle seeking billing from insurance companies, and fear of being sued for malpractice. People used to trust their doctors, but now they've become viewed as money-grubbing con artists. Patients file frivolous malpractice lawsuits because they believe their doctors are loaded, and want a piece of it. But even the highest payed doctors aren't uber-rich. Six figures (and even seven) is a very good income, but it's nowhere near the amount that professional football, basketball, and baseball players make. Most doctors couldn't afford a Ferrari, and the ones who could work so much they wouldn't be able to enjoy it. Doctors who live like professional athletes spend their paycheck as fast as they can get it, and don't have any savings

@@moistsqueegee9567 lol you can easily afford a ferrari making 300k are you dense? Oh the poor doctors don't make as much as superstars. Wtf is wrong in your little brain?

*Doctor; )

@@supersarah5673 i don't think you understood what he/she meant.

Super Sarah r/wooosh

@@svscrib8922 lmaooo

@@supersarah5673 u so dumb

im 14 too and i want to be an ortho or neurosurgeon or em doc. we can do this!

You just have to not think ahead too much that’s what negative thoughts do tells you that it won’t work out and you’ll fail you’re 14 enjoy your teen years once you get to that studying stage just make sure you get the help for studies and work hard if we want something we can achieve it you’ll just have to be very focused on radiology just take step by step

@@cp2342 I’m also 14 and have been overthinking about this for a month now just like OP. Thank you for saying this, this made me feel that I can do this, as long as I’m passionate enough and work hard for my dream.

I'm 15 ang planning to be a cardiologist :], 12 years is a lot, but thinking how long an average human lifespan is, it's acceptable. We're already using our time by staying all of our life in in school why not add more :] , as time goes by you wouldn't even notice it :].

@@rizardofloramor9734 Same here

If a physician becomes frugal, they can pay it off even within a year or two

Me too. I wanted to be a neurosurgeon even before I knew about the salary and when I realized neurosurgeons get paid a lot, I was happy because I get paid a lot to do what I love. I was inspired by Ben Carson.

How much do you make?

@@angiegarcia5094 guess more than 200k a year

@@xoafrin damn May I know your starting salary as well?

@@angiegarcia5094 starting was 180k since every year it increases 100k per year :)

*In times like this,the best thing any American can do for him or herself is to have another source of income apart from his or her salary,invest wisely people!*

Chefyy hey bro pls inbox me i wanna talk to u abt pursuing a medical degree in Norway

Never too late. People go to med school when they’re 40.

there are some schools in europe that offer free education to even international students... its something to consider. Even If you just have to pay living expenses it still way cheaper.

@@suras8984 That is incredible. Thanks so much for sharing this advice. I didnt know about it. Will do some research. Thanks a lot.

German universities are super cheap Studying in georgia is not too costy France too is an option best medical school in france according to my Dr is in Marseille Good luck !

Sura S do you know the names?

@@mae8142 I would say look into going abroad extensively and if you want to practice in usa or abroad because matching into residency may be a problem if you plan on returning to the usa

Same, I’m in love with cardiology so I’m probably gonna go for it, I plan to pursue uni in Canada and settle there too. It feels nice to know what I wanna do in life so I can set off on a correct path early on

Any advices for someone who's planning on taking cardio?

do u need a stepmom xx

You need to get a life “I’m not spoiled but I got my first job at 20” cmon that’s so spoiled

how's 10th grade brodie

Don’t know how.

plus I feel like its extremely rewarding all around

Yess u can do it!

what are you working harder on?

Haven't met one that speaks decent English in my 40 yr career! Doesn't affect their skill but a pain for team communication, patient following directions during procedures.

all anesthesiologists are gonna get replaced by CRNAs

Hello beautiful

The name for that is fellowship