Male doctors earn $2 million more than female doctors over their lifetime — what’s behind the huge pay gap?

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The pay gap between male and female doctors is costing women more than $2 million on their medical careers.

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That’s according to a new study that estimates the price tag on the compensation split that exists from the start of a 40-year career, and results in a roughly 25% difference between the salaries of male and female doctors.

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As the pandemic strains the country’s medical system and exposes health care imbalances, a study released Monday by Health Affairs is a grim reminder of the pay disparities that exist even inside hospitals.

It is also a reminder of the long-term money toll for the pay gap that persists across all occupations. Last year, women working full-time earned 82 cents for every dollar earned by a man, according to Bureau of Labor Statistics.

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In the new study, researchers from the RAND Corporation, the University of Chicago, Harvard Medical School, Brigham and Women’s Hospital and Doximity, a social networking site for medical professionals, looked at income data from more than 80,000 doctors.

Physicians completed an ongoing survey from 2014 to 2019. Three quarters of the participants were men and a quarter were women.

,Men earned an average of about $170,000, compared to the $127,000 salary earned by women.,

Men earned an average of about $170,000, compared to an estimated $127,000 salary earned by women. With the data in hand, the researchers ran simulations showing the long-term consequences of the split.

By the end of the fake careers, men had accumulated an average of $8.3 million versus women’s $6.2 million.

This is just the average, the researchers noted. There was a cumulative difference of $2.5 million between simulations for male and female surgical specialists. For non-surgical specialists, it was a difference of $1.6 million and for primary care physicians, it was a difference of $900,000.

According to the results of the study, there was a difference in the working hours of male and female doctors. While the study authors said this is “a common reason for the difference in compensation,” the difference was small, with men working an average of two and a half hours more.

As a result, it was “unlikely to contribute to the entirety of the observed differences in income,” he said.

But the authors have their own theories on what is happening. Among other things, there is the potential for “gender bias on the part of employers,” he said. “One possibility is that female physicians are less willing or able to change jobs or practices, limiting their bargaining power to increase,” they wrote.

These new male-female doctor pay gap figures come at a time when women are raising children and shouldering most of the child-rearing obligations, they noted.

Keep in mind, this is only for doctors. The pay gap also exists for other medical professions such as nurses. According to research by the Economic Policy Institute, a left-wing think tank, female nurses earn about 8% less than male nurses.

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