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vsskanth | 1 year ago

The number of residency slots (a legal requirement to be a doctor) is limited because it's funded by Medicare and only Congress can increase it. AMA (American Medical Association) has lobbied to keep it that way.

discuss

order

dataflow|1 year ago

Is there some legal obstacle to some entity other than Medicare funding it?

972811|1 year ago

not really, but private funding is generally pretty controversial with weird incentives (e.g. a company may only fund for positions that will create demand for their products--like a skincare company only funding dermatologists) [1]

don't think many other entities besides the federal government have a ton of incentive to fund residency. and the federal government does have caps on residency slots

[1] https://slate.com/technology/2005/06/private-funding-for-res...