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Originally Posted by I-Hate-Hulse
Yeah but if the population drops they will be less people to require your services, and less demand for you. Dentists see a marked drop in revenue in tough times. Although granted, the current shortage of professionals means that its going to see not much of a hit.
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I can't fully comment on dentists, but my impression is that there are more of them per demand (when was the last time you had a hard time finding a dentist accepting new patients?) and their income is supplimented to a greater degree by elective procedures (ie. fueled by those with more disposable income). They are also paid moreso through dental care plans, which are a external providers, and will fluctuate with the economy as they are factored into "benefits" by the employers of other sectors. This is the price Dentists pay, in exchange for receiving a piece of the pie during boom times.
With medical practitioners, there are alot less of us relative to demand, a steadily increasing elderly and unhealthy population, and our income is almost entirely based upon providing an essential service (ie. not fueled by disposable income, ignoring plastic surgeons). We essentially get paid by the governement, and do not receive "pay cuts" during hard times. People will always get sick, and will not disappear until death. If you mean migration away, fair enough to a small extent, but the shortage of providers makes us very resiliant to this. It's just as hard to find healthcare providers in Calgary, as it is in the maritimes. Our skillset is also very mobile/transposable, so it is actually much easier for us to move away, than it is for our patients away.
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