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Author Topic: Record costs threaten Canada's picture of health  (Read 1624 times)

Offline CareDC

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Record costs threaten Canada's picture of health
« on: November 15, 2008, 12:11:40 AM »
Canada's health-care spending is expected to reach its highest level ever - $171.9-billion this year, or $5,170 per person - growing faster than the economy and outpacing inflation and population growth, new figures show.

The Canadian Institute for Health Information study, released yesterday, found health spending is expected to reach 10.7 per cent of the country's gross domestic product, attaining highest-ever status in that category and leaving the country's beloved medicare vulnerable to cuts at a time of economic turmoil.

"It is going to raise questions for Canada and other countries as to how much do we really want to spend on health care," said Glenda Yeates, president and chief executive officer of the Canadian Institute for Health Information.

Canada's spending on health care, as reflected by a percentage of the GDP, has had year-over-year double-digit status since 2002.


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