Time magazine has a controversial article out in their current issue talking about the complexity and inefficiency of the current state of medical billing. It raises several hot button issues surrounding how healthcare policy is determined in the US. According to the research they cite, the following statistic jumps off the page, “We’re likely to spend $2.8 trillion this year on health care. That $2.8 trillion is likely to be $750 billion, or 27%, more than we would spend if we spent the same per capita as other developed countries, even after adjusting for the relatively high per capita income in the U.S. vs. those other countries.”
Wherever you come down on the political argument over healthcare and how to manage the seemingly limitless growth of costs, one thing is abundantly clear. If you’re a medical billing and coding specialist, you’re going to continue to have more work than you can handle. And given the government’s recent inability to agree on anything, it seems things will remain this way for years to come. This is why career minded people of all ages are pursuing careers in medical billing and coding.