Preparing for a Medical Professional Career Through Online Studies

Training for a career in the medical field can be completed through accredited online study programs. Depending on the desired career some students may be able to complete all required training and coursework online, while others may require hands on learning as well as online courses. Training is available at various levels of study and students can choose to specialize in a number of exciting areas. In order to pursue careers as medical professionals, students will be required to complete and accredited certificate or degree program depending on the career they long for.

Training is available to students at various levels based on the career area they choose to enter. Training can be completed in numerous areas including:

  • Medical Assisting
  • Phlebotomy
  • Surgical Technology

…and many other areas. Specialized training in these areas of the field will help to prepare students for careers working as:

  • Medical Assistants
  • Phlebotomists
  • Surgical Technicians

…and other professionals in the exciting medical field. Choosing a career in this area will give you the skills you need to seek the employment you need and desire.

Accredited online schools and colleges allow students to gain the skills and knowledge they need to succeed by offering various courses. Coursework will depend on the desired certificate or degree and career each individual student wishes to pursue. Possible studies can include:

  • Phlebotomy
  • Urinalysis
  • Microbiology
  • Anatomy
  • Physiology
  • Chemistry
  • Hematology
  • Lab Skills

…and many other relevant course subjects. By training in these areas students will be able to pursue the career they long for. Online educational training programs are available to allow students to gain the education they need to be successful, from the comfort of their own homes.

Training is available at various levels through online career study programs. Students have the chance to choose the education that they desire and need to pursue their career as a medical professional. Training can be completed at the:

  • Certificate
  • Associate
  • Bachelor
  • Master
  • Doctoral

…levels of education. The length of the program will depend on the level of education each student enrolls in.

  • Certificates can take anywhere from six months to one year to obtain.
  • Associate degree programs typically take two years for completion.
  • Bachelor degrees can require four years of accredited study.
  • Master degree programs can be completed with an additional two years of training.
  • Doctoral degrees can be earned by completing an additional four years of coursework and training.

Students who choose to enter into this field for training and a career can expect to gain the quality education they deserve through online studies.

Accredited online learning programs are available to those looking to gain the skills and knowledge needed for a career while studying at their own leisure. Agencies like the Accrediting Council for Independent Colleges and Schools ( http://www.acics.org/ ) are able to fully accredited qualifying online schools. Fully accredited medical professional training programs can give students the quality education they desire.

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

Copyright 2010 – All rights reserved by PETAP.org.

Medical Professional Liability Plans Protect Assets Of Health Care Providers

Malpractice is a word doctors, dentists, nurses and others rue, but having the proper insurance protection in place means more than just finances are protected against a possible lawsuit that could devastate the assets of even the wealthiest care providers. A good medical professional liability policy will keep personal assets and homes secure against lawsuits, which so often arise during the typical career of a doctor or other health care provider.

Because people are prone to making mistakes, there is a great need for insurance coverage to protect against lawsuits arising from errors made while treating a patient, and such lawsuits can add up to high amounts if negligence is proved and a high judgment is levels by the court. And many insurers offer varying types of policies to keep doctors and other safe from lawsuit settlements that might otherwise cause them go to bankrupt and maybe even force the sale of the family home.

Some insurance companies provide physicians, surgeons and dentists medical professional liability insurance that gives individual coverage for specified care providers against lawsuits arising from making a mistake that causes some form of harm to others. If someone is prescribed the wrong type of medication and has a bad reaction that disables them for life, the insurance plan would pay up to policy limits while keeping the medical professional secure financially.

Coverage also can be extended to assistants and others involved in the care-giving field. If a nurse mistakenly administers the wrong dosage and someone is stricken as a result, the policy would pay up to stated limits. Even if paperwork is filled out improperly by an assistant and it somehow results in a loss, the plan would cover that, too.

Health care pros also can find themselves providing services while traveling. In such instances, a policy rider can cover any losses arising from giving care while away from traditional office and hospital settings and while traveling in other states. Some doctors might specialize in a particular field and have demands for their services in several locations. In such instances, a multi-state rider would be an ideal solution to transporting policy coverage beyond the home state.

There are many reasons a health care provider might find himself or herself targeted by a costly legal case that could wipe out personal savings as well as force the sale of the family home if a bankruptcy should ensue. But a good medical professional liability plan can keep such people safe from financial harm while engaged in providing care for others.

Medico Loans for Buying Property – A Great Financial Solution for Medical Professionals and Doctors

It is a very common question asked by many medical professionals and doctors that whether they can obtain a loan to buy a converted residential house to use as their practice premises. To attract medical professionals and to fight competition, specialist lenders/credit providers have developed an amazing loan package called “medico loan” (also known as “medico pack” and “loan for doctors”). The loan package can help you in buying a converted residential house to use as your practice premises.

If you are a medical professional, you can also take advantage of the medico loans and start your practice. Before you apply for medico loans, you must know everything about it so that you make a wise decision. So, let’s start.

The Purpose

A medico loan has many purposes. However, you should keep in mind that refinancing of working capital, equipment finance and all other business related purposes are excluded from the loan package. In addition to buying a converted residential house to use as your practice premises, you can also use a medico loan to:

>> Purchase residential properties (owner-occupied and investment property purchase)

>> Refinance your existing home loan

>> Consolidate your debts, or

>> Obtain cash out (Equity Release)

Special Discounts and Benefits

Medico loans have been specifically developed to offer doctors with a number of special deals and discounts. Here are a few of the special discount deals and benefits provided to medical practitioners:

>> Confirmation and validation of 5% genuine savings is not required

>> A maximum Loan-to-Value Ratio (LVR) of 90% may be approved without Lenders Mortgage Insurance (LMI)

>> Discounted interest rates

>> Easier loan approval – even for the typical “hard loan proposals”

>> Discounts on Lenders Mortgage Insurance (LMI) premium or even no LMI

>> No Set Up cost or Application costs

>> No valuation

>> Special interest rate for family members, and

>> Easier cash out (Equity Release policy)

Eligibility Criteria

Here is a brief list of medical professions who can choose a medico loan pack and get all the special discount deals and benefits:

>> Doctor of Medicine

>> Surgeon

>> Hospital – Employed Doctors (Intern, Resident, Registrar, Staff Specialist)

>> Dentist

>> Chiropractor

>> General Practitioner

>> Optometrist

>> Radiologist

>> Veterinary Practitioner

>> Physiotherapist, and more

Income Documents and Employment Verification Requirements

Income documents are standard, and you only have to provide copies of the most recent tax return for both, established self-employed medical professionals and PAYG medical professionals. And, you only have to provide copies of the following employment documents:

>> Your University degree or qualification, or

>> Your Registration with the Medical Practitioners Board of Australia or equivalent body

Truly, lenders/credit providers have made loans simpler for medical professionals by providing medico loans. So,don’t worry about obtaining a loan package for establishing a private practice.

Introduction:

Doctors, Dentists, Vets and other medical practitioners are considered less risky by the banks and as such, some lenders offer greater discounts on interest rates. Certain lenders will also consider lending up to 90% LVR (that is, with only a 10% deposit) and waive the lenders mortgage insurance premium.

This article explains some of the benefits available to certain medical practitioners and the criteria.

Firstly, What is Lenders Mortgage Insurance?

The first thing to quickly note is – what is lenders mortgage insurance. Lenders mortgage insurance (‘LMI’) is insurance taken out to protect the lender in event of default by the borrower. As a rule, in Australia lenders mortgage insurance is required when the borrower does not have a 20% deposit.

Lenders Mortgage Insurance can be very expensive. On a $1,000,000 property for example with a $900,000 loan, the premium would be circa $15,000.

Can Lenders Mortgage Insurance be Waived?

Certain medical practitioners can apply for a waiver of LMI thereby resulting in a considerable savings.

What is the Criteria?

Apart from normal lending criteria that has to be satisfied (such as borrowing capacity, clean credit etc), the criteria to apply for an LMI waiver is 2 fold. The medical professional needs to be both in an “eligible profession” and also a member of an “eligible association”.

1) Eligible Professions

To qualify for LMI waiver, the medical professional needs to be in one of the following professions:

Anesthetist, Cardio Thoracic Surgeon, Cardiologist, Clinical Pharmacologist, Cosmetic Surgeon, Dentist, Dermatologist, Ear and Throat Surgeon, Emergency Surgeon, Endocrinologist, Gastro Intestinal Surgeon (Upper/Lower), Gastroenterologist, General Practitioner, General Surgeon, Gynaecologist, Haematologist, Hepatologist, Immunologist, Nephrologist, Neuro Surgeon, Neurologist, Obstetrician, Oncologist, Opthalmologist, Optometrist, Oral and Maxillofacial Surgeon, Orthopaedic Surgeon, Otolaryngologist, Paediatric Surgeon (Neonatal/Perinatal), Pathologist, Plastic Surgeon, Psychiatrist, Radiologist, Reconstructive Surgeon, Respiratory/Thoracic Surgeon, Rheumatologist, Surgeons, Urologist, Vascular Surgeon, Veterinarian.

2) Eligible Association

To qualify, the medical professional needs to be a member of one of the following associations. If they are entitled to membership but not currently a member, this is fine. Membership will need to be applied for before the loan can be fully approved.

· Australian Veterinary Business Association

· Australian Association of Practice Managers

· Australian Veterinary Association

· Australian Dental Association (ADA)

· Australian Medical Association (AMA)

· Optometrists Association

· Urological Society of Australia and New Zealand

· Australian College of Cosmetic Surgery

Can I apply for a waiver if I am Refinancing or buying an investment property?

Yes, as long as the above criteria is complied with, there are no restrictions.

If I am a Temporary Resident on a 457 Visa – can I apply for the waiver?

Yes, providing one applicant is a medical professional

Summary:

Home Loans for medical professionals with an LMI waiver are available in Australia. The LMI Waiver can result in a savings of up to $16,000 in fees. Providing one applicant is a medical professional in one of the above professions and holds, or can apply for membership with an eligible association, then an LMI waiver is possible.

Training Options for Becoming a Medical Professional

Enrollment in an accredited school or college will help you to prepare for a career as a medical professional. You can find a program that is right for you and begin the path to an exciting new career. Accredited certificates and degrees can be obtained once you have decided on the career and specialized area of study that you wish to enter into. By researching available options and requesting more information you will be better prepared to select a career and training program. Start by learning more about career training options for becoming a medical professional.

There are a number of choices available to you when looking to enter into the medical field. You can select from a variety of educational levels as well as different professions. Training can be completed at the:

  • Certificate
  • Associate Degree
  • Bachelor Degree
  • Master Degree
  • Doctoral Degree

…levels, depending on the specific career that you choose to pursue. Different levels of training will require that a certain length of time be spent on studies. You can train for a certificate by completing several months to one year of studies. Undergraduate degree programs can take two to four years to complete. Graduate studies will require an additional two or four years of training based on the level of degree. You can pursue the career you desire by earning an accredited degree or certificate.

There are numerous career opportunities available once you have chosen a degree or certificate and specialized area of study. You can select from areas like central service, dialysis, medical assisting, phlebotomy, and much more. You can enter the workforce as a medical professional working as a surgical technician, phlebotomist, medical assistant, medical technologist, nurse, dialysis technician, and numerous other careers. Opportunities for career preparation will allow you to seek out the career you dream of. Enroll in an accredited school or college to begin the training process needed to seek employment in this field.

Courses and training will vary depending on the level of certificate or degree and desired career. Studies to become a medical professional will vary but can cover a variety of topics that will help you gain the skills needed to enter into employment. Coursework will allow you to learn pharmacology, kinesiology, anatomy, nutrition, CPR, and many other exciting topics. Some programs will require more in depth training to allow you to work in physical therapy, biology, accounting, and more. You can begin the path to an exciting new future and career by finding an accredited program and enrolling today.

Accredited medical professional degree programs are designed to offer you the quality educational training that you need to enter into the career you long for. Different agencies such as the Accrediting Council for Independent Colleges and Schools ( http://www.acics.org/ ) are approved to provide full accreditation to schools and colleges that meet all requirements and offer the best education possible. You can research various educational training programs in order to learn more about the training possibilities available to you and start receiving a higher education today.

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

Copyright 2010 – All rights reserved by PETAP.org.