Why do U.S. physicians make so much money?
Let’s look at some data on mean annual physician income in the U.S. compared to other countries: U.S.: $458,100Canada: $194,700Netherlands: $185,700Sweden: $115,200 Why are U.S. physician incomes so much higher than other developed countries? Is it a good idea to try to drive down physician incomes? An NBER working paper by Buehler et al. (2026)…