Medicare doctors have a top 1 percent and bottom 99 percent of earners, too

Medicare doctors have a top 1 percent and bottom 99 percent of earners, too

Doctors who take Medicare patients are just like the rest of society: The top 2 percent rake in the lion's share of the money, earning almost exactly the same amount as the bottom 75 percent. The top 1 percent alone takes about 14 percent of the pie. We know this because of detailed records released by the Centers for Medicare and Medicaid Services on 880,000 doctors who received a total of $77 billion in 2012. Via The New York Times, here's how that money is distributed among physicians:

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.