The Physician Hourly Rate Calculator is an interactive tool developed by the OMA's Uninsured Services Committee to assist physicians in determining an hourly rate for uninsured services, based on gross annual income. This method mimics the example provided in the OMA Physician’s Guide to Uninsured Services (the “Guide”). In establishing an hourly rate, physicians are free to use a methodology of their choice, and are not limited to this method, or the examples in the Guide.
STEP 1: Annual Gross Earnings
Input your annual earnings in the appropriate fields to generate 'Total Annual Gross Earnings.'
Note: All OHIP payment figures will automatically be adjusted by the OMA Multiplier to obtain the uninsured value of the payments.
Annual gross OHIP payments:
Annual income from other sources:
Other annual income:
STEP 2 - WORKING DAYS PER YEAR
Input the number of vacation days taken per year to generate 'Total Working Days per Year' (e.g. 25).
STEP 3 - INCOME GENERATING HOURS
Input the average number of hours per day spent on clinical activity to generate 'Total Annual Paid Hours' (e.g. 7).
The final results will appear as the "Calculated Hourly Rate.'