Are Doctors Overpaid?
It's Match Week, when med students apply for residencies. An economist argues this residency system is a key reason why U.S. doctors are paid around twice much as doctors in other rich nations.
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Every year, medical students apply for residencies at hospitals around the country through the National Resident Matching Program. It's like a dating app for med students and hospitals, and it culminates this Friday, which is Match Day, when more than 30,000 students find out who they've got a really long date with.
Some people view Match Week as, say this residency system makes health care dramatically more expensive for Americans. A 2011 study in found American doctors, who make , are paid as doctors in other rich countries.
