Doctors beware: There’s a $400,000 target on your back
“President Joe Biden recently signaled that a multi-trillion-dollar spending plan for our country should be paid for by the rich corporations and wealthy individual Americans who make over $400,000. Doctors fit the latter category and should tune in.
Beyond the government, the unique qualities of doctors make us a target for many who want to access our high income and our business revenue. Our passivity to these poachers places us at great risk because they recognize that we lack the time and proficiency to avoid them. Add our financial illiteracy to this, and you have a recipe for stakeholders reaching into our paycheck every pay period and inconspicuously taking their share from us.
Let’s take a look at the stakeholders who are targeting us.”
Tod Stillson is a rural family physician who does surgical obstetrics and teaches residents and medical students. He is also founder, SimpliMD, Doctor Incorporated, and The Employed Physician’s World Facebook group. He is also the author of You Are a Target Strategies For Doctors to Keep More of Their Money.
He shares his story and discusses his KevinMD article, “Doctors beware: There’s a $400,000 target on your back.” (https://www.kevinmd.com/blog/2021/06/doctors-beware-theres-a-400000-target-on-your-back.html)