Butzel Long health care attorney quoted in U.S. News & World Report article titled, “What Health Care Law is and How to Choose a School”
Aspiring health care lawyers should understand that the health care industry is an enormous and lucrative portion of the U.S. economy, experts say.
The amount of money that U.S. consumers pay for health care is increasing rapidly, and federal projections indicate that U.S. annual health spending will add up to nearly $6 trillion by 2027. In 2018, nearly 18% of the country's gross domestic product was devoted to health spending.
Rapid growth within this industry translates to a high level of demand for attorneys who specialize in health care law, experts say, adding that the coronavirus pandemic is likely to increase the need further. The recently passed Coronavirus Aid, Relief, and Economic Security Act – an intricate piece of federal legislation commonly known as the CARES Act – could spur many health care organizations to hire more lawyers.