Of Interest to Readers in Atlantic Canada:
In this research paper Fraser Institute President Brett Skinner and coauthor Mark Rovere demonstrate that
Readers in Atlantic Canada may be alarmed to learn that, when all federal transfers are excluded from the calculation, government health care spending currently consumes 87.7 percent of all “own source” revenue in
Skinner and Rovere argue that tax hikes cannot simply chase ever-higher spending. Fundamental reforms are called for. The Canada Health Act should be suspended to allow provinces to require copayments and permit a role for private insurers. They recommend a role both for-profit and non-profit health providers in competing for the delivery of publicly insured health services. Such procedures, they note, are common across OECD countries in similar circumstances.
To read the complete report, follow the link to the Fraser Institute site http://www.fraserinstitute.org/uploadedFiles/fraser-ca/Content/research-news/research/publications/canadas-medicare-bubble.pdf