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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 25 2013: Martin, i realize we are talking of two different systems. We do not operate on a country-wide health care system. As such we have No such waiting times whether with a doctors clinic or in an ER. You get seen/treated on very hour you step on an ER. You get seen in a clinic on a scheduled date of appointment or even immediately.

    Now on the bases of health care cost:
    Educating doctors takes a very long time and a lot of money. Training doctors for specialization also takes a long time. Doctors also need hospitals/clinics. Doctors need special equiptments/operating theaters... if you are referring to a government subsidizing health care then don't expect the true cost of health care to go down.. it will always go up. More people means more diseases, better life expectancy of the population also means more
    age related diseases. I just don't think adding more doctors to the mix will drive cost down.
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      Sep 25 2013: Jeff,

      I don't think the object is to drive health care costs down. Instead its to drive wait times down.

      Driving costs down?
      *Compartmentalize medical services so doctors are reserved for the most complex care, and more lower paid staff for other area's of concern not requiring complex solutions.
      *government funding for doctors education so their real investment is time to learn, and more openings for more doctors to enter the system to create competition
      *invest in diagnostic software that can replace medical personnel in all but the most complex situations (labor is the most expensive part of most business transactions?)
      *encourage healthier lifestyles so people have more robust immune systems
      .
      our participants have came up with many great idea's and the ones I stated are only a few

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