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Why an Advanced Degree in Health Law Is a Sound Investment
Release Date:
2016-10-26
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For those in the legal profession serving the healthcare industry or those in the medical profession itself, an advanced health law degree from prominent institutions such as Maurice A. Deane School of Law at Hofstra University is going to be one of the best investments you can make in your future. While understanding healthcare law is always an integral part of the medical profession, it is going to be even more important now that major changes are in the wind.

An Uncertain Future for the Affordable Care Act

There is no secret in the fact that all laws, especially healthcare laws of late, are continually changing and in many cases extremely difficult to keep current on. Going forward into the next few years, there is bound to be even greater confusion with a new administration coming into office, an administration that has made it a goal to repeal and replace the Affordable Care Act.

However, since the election, it appears as though some of the ACA will remain in place while other parts will be replaced. No one knows for sure what these changes will entail, but the one certainty is that whatever those changes are, they will be written into law, and that’s why a health law degree will be a major benefit to your career in the years to come.

At the Heart of These Changes – Financial Stability within Healthcare

For many years now, healthcare has been experiencing serious financial issues. Hospitals are short-staffed because they are simply unable to budget for sufficient nurses, doctors, technicians and support staff of any kind. Even with advances in technology that make many jobs more efficient and less time consuming, there just isn’t enough money to keep up with all the day-to-day needs.

The confusion caused by the Affordable Care Act did little to alleviate fiscal problems and if the truth be told, caused increased shortages in key areas. Now with changes in the wind once again, health law and policy may be changing yet again, and no one is certain what this will mean in terms of financial stability within healthcare.

Where a Masters in Health Law Can Take You

Since there is so much uncertainty going forward in the remainder of this decade and beyond, having a masters in health law can assure you a position with some of the top ranked medical institutions in the nation. This degree will qualify you for a position in administration, which should more than double your current salary. Nurses, physicians, HR personnel and even health actuaries can rise to the top of their profession with an advanced degree in healthcare law.

Whether you are a paralegal working for a law firm specializing in health law or a medical professional, understanding the scope of health law and imminent changes afoot can give you the knowledge and tools you need to excel in your chosen career. There is no time like the present to enroll in a health policy degree program to ensure you are in a solid position to qualify for administrative positions as they become available – and become available they will with so many changes underway.
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