Thirty six percent of physicians above the age of 46 experienced a pay cut in the last year, according to a recent Physicians Foundation survey.
The 2024 Survey of America's Current and Future Physicians surveyed 1,723 physicians, residents and medical students between June 17 and July 16, 2024.
Here's a breakdown of the percentage of physicians who received a pay cut in the last year by age and employment type:
- Less than 45-years-old: 18%
- More than 46-years-old: 26%
- Employed: 23%
- Independent: 40%