Licensing Doctors – Do Economists Agree?
[By Staff Reporters]
In the US, the various state medical boards dictate the rules for physician licensure and discipline. Would-be physicians must complete an approved medical training program and pass a standardized test.
Scope-of-practice laws prohibit other health professionals from offering similar services.
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[Google School of Medicine]
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Given the resources involved in licensing doctors, taxpayers might be surprised to learn that the link between licensing and service quality is tenuous at best.
In fact, some economists like Shirley Svorny PhD, who’ve examined the market for physician services, may view medical licensing as a constraint on the efficient combination of inputs and a drag on innovations in health care and medical education.
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Filed under: Ethics, Health Economics | Tagged: medical degrees, medical license, Shirley Svorny PhD, state medical boards | 8 Comments »














