Abstract

<div class="page" title="Page 32"><div class="layoutArea"><div class="column"><p><span>The discourse surrounding the unsustainability of financing universal health care in Canada has led many stakeholders to evaluate the current system in or- der to consider alternative forms of funding. Several health care financing mod- els have been suggested and include Medical Savings Accounts (MSAs), in- creased taxation and targeting policy to control specific cost drivers such as price inflation of physician and hospital services. This paper targets health care pro- fessionals, researchers and policy makers and calls for more awareness in evalu- ating public health reform initiatives for alternative measures of financing Uni- versal Health Care. Public reform must be critically considered in order to im- prove the cost and delivery of health care services since private methods ulti- mately impede on individual and population determinants of health. Discussed here are alternative financing strategies with an evaluation of benefits, limita- </span><span>tions, and future recommendations for Canada’s health care system. </span></p></div></div></div>

Highlights

  • Introduction licationsQuantitative and qualitative research articlesIn 2010, the total cost of the Canadian health care system was approximately CAN$ 193 billion, averaging CAN$ 5,663 per capita (CIHI, 2012)

  • Government websites including Statistics Canada and Health Canada were used as resources for current information regarding the Canadian health care system

  • Methodology nomic theory underlying Medical Savings Accounts (MSAs), which suggests that people will be more efficient purchasers if they must pay for items

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Summary

Introduction

In 2010, the total cost of the Canadian health care system was approximately CAN$ 193 billion, averaging CAN$ 5,663 per capita (CIHI, 2012). With regard to provincial budget spending in 2010, health care costs were highest in Quebec (45%) and Ontario (40%), with a national average of 38% (Palley, Pomey, Forest, 2011). This is A target of policy change at the provincial level because health care were chosen. Spending increasingly subordinates other budgetary needs; for example, it is suggested that if current trends continue, Ontario’s cost of health care will amount for 80% of its Medical Savings Accounts (MSAs) budget by 2030. The remaining 20% of the budget would be insufficient to fund the current public education system costs (Toronto Dominion Bank, 2010)

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