text: It could cost the the country about 2 million jobs if $200 billion a year is removed from the system. Much of the money is going to pay people from expensive doctors and administrators to lowly paid health care aids. ( one job = $100K) The health industry employs about 11% of all workers. It has been largely immune to recessions due to the way government subsidies and insurance payments have operated so far. About a third of my relatives work in the health industry. Many people have retrained from shrinking parts of the economy into the health industry.