It’s not a huge difference, but on average doctors in the Great Lakes region make more than doctors in any other part of the country.
So says the annual Physician Compensation Report compiled by Medscape, a medical information website designed for health professionals.
The average pay last year for a physician in Minnesota, Wisconsin, Illinois, Michigan, Indiana and Ohio was $258,000, Medscape reports. Just behind that was the $257,000 annual pay in the North Central states — the Dakotas, Iowa, Nebraska, Kansas and Missouri.
The lowest average pay — although not a lot lower — was $239,000 in the Northeast and $240,000 in the Mid-Atlantic states.
Keep in mind that while most of us are accumulating wealth, would-be doctors still are working their way through medical school. They’re accumulating unimaginable student loan debts in the process. And let’s face it: Most of us aren’t cut out to be physicians. It’s not surprising or illogical that they’re compensated fairly well.
In fact, some doctors don’t feel they’re paid well enough. Only 37 percent of plastic surgeons feel they’re compensated fairly, according to the Medscape report (average yearly pay for the specialty: $321,000).
On the other hand, 64 percent of dermatologists are satisfied with their pay. (Average pay: $308,000, just behind plastic surgeons.)
By far, the best-compensated specialty is orthopedics, an average of $413,000. At the bottom: HIV/ID specialists: $174,000.
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