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No, salaries will NOT decrease. Fewer jobs may be available, though.
How so? More people will be part of the healthcare system hence we need more pharmacists/docs on hand.
No, salaries will NOT decrease. Fewer jobs may be available, though.
How so? More people will be part of the healthcare system hence we need more pharmacists/docs on hand.
But I can say unequivocally that unless basic economic principles are wrong, salaries will not drop.
agree 100,000,000%if it was a single payer system pharmacist salaries will go down. I mean if everyone uses government insurance and governement insurance pays for all the prescriptions (meaning no cash paying patients) then the government can simply choose to reimbursement whatever amount to pharmacies that he wishes. If a prescription cost $200 dollars and everything is under that one gov insurance...who says the insurance company can't just pay you $50 dollars for it? And if they only pay you $50 dollars for that $200 dollar item what can you do about it? It's how everyone is paying so you can't do anything.
Cash paying patients are the best b/c they insure pharmacies make the most money. Insurance reimburements are super low...and government insurance reimburements are even lower.
ps. Obama sucks. You can blame him for all this mess. Lol...
I agree with you there, but therein lies the great unknown about healthcare reform. If the government goes from being the 500lb gorilla in the room to the 1500lb gorilla in the room with a public option and/or growth of Medicare, the "market" is going to be predominantly artificially dictated by regulations, government reimbursement rates, etc. So free market economic theory goes out the window at that point because there is no "free" market --- there is only what the government says there should be, dictated by what it will pay for.
The easiest place to exert downward pressure on prices is at the provider level (note that is one of the major places Congress is talking about reigning in costs -- provider reimbursements).
I believe what other posters are probably referencing in terms of saying that if universal care passes, salaries will go down is the fact that in other countries providers make far less than they do here (Japan, UK, etc). Whether that would happen here of course remains to be seen, however with Congress wanting to slash reimbursement rates as their little budget panacea, I can't blame providers for being scared about it.
(Course I am just sitting here waiting for Japan to start selling off our short-term bonds and China's demographics to catch up with them in ~20 years ... talk about inflation. So long-term, I think any "entitlement" programs are moot, because IMO we are gonna be up to our eyeballs in inflation,and looking around saying "But but we're supposed to be the RICHEST country in the world!!! You mean ... you mean that was just DEBT?!?! But we iz sooooo specialz, that cannot be!!!")
agree 100,000,000%
Again, salaries will not decrease.you will properly end up making 20K a year working 7 days a week. Its not going to be pretty...primary care physicans are going to be hit the hardest.
He is the WORST president in history and did not deserve that inaugration or anything for that matter. If he cares so much about the "poor" why did he feel the need to spend millions on a inaugration to "brag" about himself??? He could have easily donated all the tax dollars (YOUR money) that he spent on HIS inaugration to "show off" and all the tax dollars that he uses everyday on luxury items for himself to the poor people that he wanted to "help" so badly! He is the biggest hypocrite and he is a fake, self-centered, ahole.
If I was in med school like you I will try my very best to bust my a** and get into a cosmetic surgery residency. If you are doing primary care and Obama's healthcare reform passes?? you will properly end up making 20K a year working 7 days a week. Its not going to be pretty...primary care physicans are going to be hit the hardest.
If anyone else had posted this, I would think it to be sarcasm. Do some research, please.
This thread reminds me of a realization I made at a open house last week - a lot of pharmacy applicants are not very bright. Dont worry about a salary you may never enjoy.
Private insurance companies will compete anyway, even under the "reformed" system! There will simply be a gov't option. I do not believe the gov't option will bankrupt insurance companies. You can rest assured folks running Anthem Blue Cross aren't quaking in their boots... This is NOT a single payer system.
This is true. Private insurance companies would do just fine.
It's similar to the postal system. There USPS which is the national mail system, but there are still private companies such as UPS and FedEx.
LOTS of people losing their jobs!
This is true. Private insurance companies would do just fine.
It's similar to the postal system. There USPS which is the national mail system, but there are still private companies such as UPS and FedEx.
i remember reading that private insurance companies wont be able to insure new patients. if this happens then all of them are screwed. the helth care reform is explained in a 1000+ page report, so i suggest going on google and find summaries of it.
I have read through most of it and there isn't anything in the verbiage of prohibiting a company like, say, Blue Cross Anthem from taking on a "new patient" - For example, if I am 23 years old and on my parents' insurance plan, and for whatever reason am no longer covered, your hypothesis is that I couldn't call up Blue Cross and be like, "Hey yo, I need insurance"? They'll say, "Nope, sorry, gotta go to Obamacare!'?
Really?
Because that pretty much sounds crazy.
in other words, patients wouldn't choose them.
I believe he's saying they can't insure new patients because they can't compete with the government's prices...in other words, patients wouldn't choose them.
Here's a job opening for a pharmacist. The same place was paying way more than this 6 months ago. Now starting salary is $29.75; located in central Illinois. I don't believe it is an intern or residency position either.
https://www.healthcaresource.com/os...ls&template=dsp_job_details.cfm&cJobId=277160
I guess I am fortunate in that my pharmacy is on the 3d floor.
Don't be so quick to assume that people only go into retail for the money. I happen to love retail for the patient interaction that I get every day. When I was in the hospital, I came home depressed most days and lost sleep over the tragedies that I saw there. I never got to know a single patient because most of them either went home quickly or passed away. That's not what I want for myself. I feel like I make a big impact for my patients, and I can do it just as easily in a retail pharmacy. It's not about the money for me, and I'm sure I'm not the only one.
This is why I went into retail. I did not become a pharmacist to sit in the basement of a hospital and do order entry for 8 hours straight. It is great to be able to interact with patients on a daily basis. It is a good feeling to have people call and only want to talk to you because they trust you. At my pharmacy we counsel every single patient on every single new prescription. My techs do not just ask people if they have any questions. The tech sends them to the counsel window and we go over and ask them if they have any questions.
However, the CVSs and Walgreens of the world have all but destroyed the profession of pharmacy. Counseling is the butt of jokes at the aforementioned pharmacies. There is hardly time to breathe let alone counsel anyone. People go to CVS or Walgreens because it is convenient not because of the service they get. Ask anyone you know who gets prescriptions filled at CVS or Walgreens if they know their pharmacists name. I bet 90% will not know. It is sad because the poor policies and flawed business models of these two chains are starting to filter down to the rest of the retail chains. Retail pharmacy is truly going to ****. My hours and budget have been slashed so much it is getting to the CVS/Walgreens point. The point where I do not even have time to safely fill prescriptions let alone do anything else.
It is sad and I am getting out while I still can. Hospital pharmacy may not be my dream job but it beats the hell out of what retail pharmacy has become. I can sit in the basement and do order entry all day, no problem. In my opinion if you do not get out of retail pharmacy soon you will be stuck.
I guess I am fortunate in that my pharmacy is on the 3d floor.
Don't be so quick to assume that people only go into retail for the money. I happen to love retail for the patient interaction that I get every day. When I was in the hospital, I came home depressed most days and lost sleep over the tragedies that I saw there. I never got to know a single patient because most of them either went home quickly or passed away. That's not what I want for myself. I feel like I make a big impact for my patients, and I can do it just as easily in a retail pharmacy. It's not about the money for me, and I'm sure I'm not the only one.
The more people that can afford healthcare , the more money for the people working in the industryYea screw government regulated health care! After all, pharmacists get no money from medicare. /s
Sure, let's get rid of that and see pharmacist salaries go down for real.
If anything, a public option would let everyone have insurance which would ensure a steady income for pharmacists.
That's too bad for them. They chose a disgusting career.
40k ?
The biggest problem pharmacists will face is availability of jobs, as there is the move towards consolidation of jobs.
The next issue is the reverse case of what existed in the past, with respect to job availability and income will take place. It will be competitive and unless one wants to move to an underserved area,they're going to be pretty flat, and on top of that, the raises will not take into account increased costs of living. That will likely be the biggest one, and on top of that, worsening work conditions.
Hello Everyone,
I read a few posts regarding pharmacist starting salary, but i didn't see the answer that i was looking for. i'm hoping you all can help me out.
Please list the starting salary for a newly graduated pharmacist who has a valid license at different retail store and WHERE.... such as State
1. walgreens
2. CVS
3. Rite Aid
4. Target
5. Walmart
6. etc and etc.....
please provide me a number with your best knowledge...(if you don't know any retail starting salary, then please skip )
thanks a bunch
tofu
They may drop if you are getting paid by the government instead of the private sector and given who is in office right now... there may be some form of salary decrease as time goes on.
How clever of you to use symbols instead of letters in your curse words! My point was merely that the state of the health system in relation to the government NOW (which you have indicated in your condescending post is doing fine in the salary department) is different than the direction that the government is taking the health system in the near future. No need to read too far into things. Additionally, a few things to note: nowhere did I say a government job DOES equate to a lower salary... I said it MAY. I didn't say that there WILL be a salary decrease in the future, I said that due to the changes occurring in the health care system because of the government, there MAY be a salary decrease.
Shame on me for having an opinion! Man!
I'm just not sure you have to be so rude about it. I gave my opinion, which is all. It didn't hurt you in any way, why do you need to be so condescending? Does it make you happy?
You insult my education and my intelligence in nearly every sentence? I shouldn't be offended by that?
He is the WORST president in history
A cunning linguist, Mikey...
Cunning. Linguist.