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Martin Odber

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Can the shortage of doctors be solved using an adaptation of the third law of supply and demand?

The third law of supply and demand states "If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price."
( http://en.wikipedia.org/wiki/Supply_and_demand )

If we increased the rate of new doctors entering medicine (using mechanisms such as but not limited to; subsidizing doctors education, further compartmentalizing aspects of health care etc ) until we reached a surplus state then would waiting times and the cost of healthcare go down accordingly?

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  • Sep 23 2013: Maybe not all procedures need to be done by a doctor at a medical facility, for example a local wart removal business could probably be inexpensively operated by someone licensed and tested by the State with only minimal training.
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      Sep 23 2013: Agreed. Compartmentalizing some procedures in a Fordism way (assembly line to health care?) could alleviate some persons from waiting in line with persons requiring more complex diagnosis and care.

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