Question

Compare and contrast the regulations and tradeoffs implicit in FDA regulation to the AMA’s regulation of doctors

Answer 1

Regulations and tradeoffs in FDA regulation and AMA regulation of doctors:

AMA:

• offers ethical guidance for the medical field.
• shows how the doctors must interact with their patients ethically.
• Do not have legal authority to investigate the cases.
• They can just provide guidance.
• AMA works for the settlement of public health.
• Code of AMA is referred to as the code of medical ethics.
• Maintains high level of ethics among physicians.
• Aims to provide services to society with respect and dignity.
• It states that physicians are not only responsible to their patients but also to society and other health professionals.

FDA:

• Regulates sale of medical devices.
• monitors safety and safeguards all these devices.
• eg, sale of lasers for lasik surgery.
• They monitor every doctors and their works.
• Set the amount a doctor can charge.
• A company that wants to sell a particular device must seek approval from FDA.
• Provides rating for medical devices and promotes rating systems for this purpose.
• Regulates which new drugs should be allowed in the market place.

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