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Do GPs in private practice earn more than GPs in the public sector in South Africa is revealed in this video. The PUBLIC vs PRIVATE sector is discussed in detail. The South African department of health policy on calculating the cost of General Practitioner(GP) pay or services is explained. The salary of the state GP is compared to the GP in private practice and who earns more based hours worked is revealed. The Health Market Inquiry and the National Health Insurance (NHI) is also touched on in the video. Medical aid tariffs are used to compare the remuneration possible. Private practice cost calculation for South African health professional can be made on the information provided. The Pros and Cons of working in each sector are discussed. Doctors wanting to go into the private or the state sector will benefit from this video. Public health specialists will now understand the SA NHI costs. The public will also now understand how healthcare costs are calculated. Chapters 00:00 Introduction 00:32 Healthcare system in South Africa 01:35 Assumptions when comparing salaries 02:25 Background to the remuneration of GPs in private practice 03:13 Direct labour rate 04:57 Overhead costs 07:30 Return of investment rate 08:05 Total cost per consultation (code 0190) 09:15 Comparison of medical aid rates 2020 10:07 Potential revenue for GPs 12:31 Pros and Cons of each sector 14:35 Alternate sources of Income for GPs in Private practice 15:35 Conclusion DISCLAIMER The advice given on the video is in good faith and in is no way to be replaced by professional advice from a certified financial advisor or an HR specialist. The career path discussed is my thoughts on the matter and is not endorsed by any government department, university, or association. Music provided by www.bensound.com Thumbnail www.canva.com https://www.canva.com/join/fluent-tot... Stockfootage www.pexels.com Do GPs earn more in the Public or Private Sector in South Africa,gp charge south africa,private practice cost calculator south africa,do public sector pay doctors more,GP vs Specialist pay,GP pay south africa,GP practice south africa,public sector doctor salary,General practitioner pay,doctor salary south africa,medical officer salary south africa,how much money do doctors make South Africa,doctor pay south africa,doctors wages south africa,are GPs rich South Africa