Monday, May 28, 2012

How Medicare and Medicaid Help the Economy

I was having a discussion about this with my uncle the other day...
Who Bills Medicaid?
We all pay our taxes for it, but who gets the money from the government? Well doctors offices do, DUH!!!
Who works in doctors offices besides the doctors, Middle class Americans!

Jobs At the Doctor's office with median average salaries, Salary info from Salary.com
  • Physicians Assistants - $89,976
  • Nurses - $65,851
  • Radiologic Technologists - $48,501
  • Medical Billers - $33,509
  • Receptionists - $29,650


Many of these jobs are possible because of doctors billing to Medicaid and Medicare.
They enable doctors to have more patient's to spread the cost out to and thus lowering the cost of Medical treatment.

If Medicare and Medicaid pay for jobs, good paying private sector jobs, than why not leave it alone. As the economy improves, there will be less Medicare and Medicaid patients because more people will be able to afford insurance. The jobs at these medical offices will be preserved by these programs and will aid in the economy being stable.

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