Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

18 Highest Paying Cities for Doctors

The US has placed great emphasis on the importance of healthcare, which is why we decided to gather information about the 18 highest paying cities for doctors. Healthcare is probably one of the most important, if not the most important field in the world. After all, it is the reason behind not only us living longer but living a healthy life as well.

In fact, the United States is the third best country in the world when it comes to paying doctors. However, this isn’t because the government pays its doctors and physicians or it values them extremely highly. The reason behind this is the fact that healthcare in America is extremely expensive for the average person and due to the exorbitant rates charged, allows physicians to earn a healthy amount of money.

money, expensive, medical, examination, patient, business, concept, clinic, stethoscope, wealth, insurance, finance, dollar, disease, bank, treatment, sick, medicine,18 Highest Paying Cities for Doctors

Nataliia K/

There is an interesting reason behind the outrageous rates charged in the US. America generally has employer-based insurance. This means that instead of a hospital billing the patient directly, as you would assume, it is instead the insurance company which is billed. And if insurance companies are famous for one thing, it is haggling. Hence, insurance companies will try their best to lower the price so that it will cost them less. Since they have the power to do so, they can often lower the bill.

The hospitals have realized this and since most of their billings are made to insurance companies, they have simply raised their prices extremely high in order to get the insurance company to pay what they want. So in reality, when you pay thousands of dollars for a minor procedure, it is not because that is the cost of the procedure, it’s because most people simply don’t know these are made-up prices. Now the person who gets caught in the fight between a large hospital and a large insurance company is the average uninsured citizen, who does not have the time or the power to lower the prices. He will be paying through the nose even for a simple procedure. In fact, people often quote the fact that instead of a surgery here, it would be cheaper to fly to Europe, have the surgery performed there, stay for a week in a hotel and then return. This speaks volumes about the cost of healthcare in this country, especially compared with other developed countries where healthcare is free, like in most of Western Europe as well as Canada. However, America has failed to adopt that measure, mainly because of the citizens of the country don’t want to pay additional taxes which would be necessary to allow the government to adopt such a policy.

Of course, this has led to handsome salaries for physicians, though they can vary greatly from state to state, as evidenced in the 17 highest paying states for doctors. We have determined the highest paying cities for doctors through ValuePenguin, which has calculated the average salaries paid in the metropolitan cities in the country.

Without further ado, here are the best cities to be a doctor in, starting with number 18.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
This is a FREE report from Insider Monkey. Credit Card is NOT required.