The Future of the Health Care Industry
By 2015, the Health Care Industry Will Be 20% of U.S. GDP
According to the National Coalition on Health Care, nearly $2 trillion was spent on health care in 2004. By 2015, total expenditures are expected to reach $4 trillion (or roughly 20% of GDP). And although nearly 50 million Americans are currently without health insurance, the United States actually spends more on health care than most other industrialized nations, many of whom provide universal healthcare for their citizens.What do all these numbers mean exactly? They mean that health care is the hot new industry of today and tomorrow. So whether you want to become a physician, medical transcriptionist, pharmaceutical technician, medical researcher, insurance claims adjuster, registered nurse, or hospital administrator, you'll have an opportunity to cash in on a portion of that $4 trillion budget.
Enjoying a Slice of the Health Care Industry Pie
$4 trillion is such a staggering number that most people simply can't comprehend how much money that actually is. But to put things in perspective, if you were able to earn 1% of 1% of 1% of $4 trillion, you would be making roughly $4 million a year. Not too shabby.So clearly, it is worth exploring the educational requirements for each of the many different health care industry related jobs out there. Many careers provide online certification courses (registered nurses, medical transcriptionist, etc.), while others might require more in-depth training at traditional universities. Whichever path you choose, you really can't lose.
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