Originally posted by tofurious
Yes, things at programs such as the one used by margaritaboy probably wouldn't change much at first, although another program that can't fill/usually don't fill will offer more incentives up front to make sure they fill as many spots as possible outside the match, since the match has not worked in their favor.
First, where is this extra money coming from for
increased incentives? The average program receives less than $100K/resident from Medicare. According to administrators at my program, the $200K/resident quoted by the suit is due to some programs
inflating their Medicare expenses, which is going to change. Beware that things will change drastically if Congress pulls funding for medical education out of Medicare.
Second, don't you read my posts? There are programs that already offer different incentives. Programs don't pay all the same. There's an FP program in Des Moines that offers an extremely competitive salary package.
http://www.broadlawns.org/Oldpages/benefits.htm
This is an FP program that also offers a PGY-1 Transitional year.
Residents start at $39K/year, receive $1250 for moving expenses, health insurance, AND a townhome to live rent free. Free rent adds about $14,000 to the financial package, i.e., ~$18,000 before tax dollars.
Or you can work at U of Iowa, and start out at $39K/year without the moving expenses and free rent.
Thus, there are already programs that try to increase their attractiveness with better financial incentives. Not by much, but it's competition. In the above case, if you do Broadlawns FP, then your real pay is: ~$58K. If you do U of Iowa FP (which is far better), then your real pay: ~$39K.
I'll give you a few more examples from my own experiences.
Iowa Ophthalmology offered me $39K/year PLUS health insurance for my family and FREE prescriptions. This brought my income to ~$43K/year.
Hopkins offered about the same base pay, but I had to pay for parking and health insurance for my family. This brought my pay down to ~$34K/year.
MEEI (Harvard's program) offered about $48K/year if I recall correctly.
In addition to the above, some programs offer 2 weeks vacation while others offer 3 weeks vacation. Some gave you computers, books, or PDAs.
The financial packages varied greatly. Perhaps not by much, but these programs cannot afford to pay residents more. My point is that programs do compete via their prestige AND financial packages. I don't understand why people continue to argue that the MATCH has allowed programs to
cheat the applicant. When I interviewed, each program freely disclosed to me the financial package. You just have to ask!