The fiscal, social and economic dividends of feeling better and living longer – University of Calgary – June 2013

Posted on June 24, 2013. Filed under: Health Economics, Preventive Healthcare, Public Hlth & Hlth Promotion |

The fiscal, social and economic dividends of feeling better and living longer – University of Calgary – June 2013

“SUMMARY

While Canada has socialized most of the costs of treating illness, Canada has maintained a reliance on individuals interacting through private markets to invest in upstream health promotion and disease prevention. The failure of the market to provide the efficient level of upstream investment in health is leading to large and avoidable increases in the need for downstream medical treatment. The way to reduce the future deadweight loss of illness and disease is for provincial governments to address the upstream market failures through an expansion of the scope of public payment for health care to include upstream services for health promotion and disease prevention. Perhaps somewhat counterintuitively, spending public health-care dollars across a broader range of health and wellness services can result in spending less in total, because of the efficiency gains that will come from better health in the population.

That is certainly what the evidence from a unique Albertan pilot project leads us to conclude. The Pure North S’Energy Foundation is a philanthropic initiative that pays for and provides preventative health-care services for Albertans drawn from groups that are vulnerable to poor health. This includes homeless people, people suffering from addiction, people with low incomes, people in isolated areas and susceptible seniors. The health improvements observed in those participating in the Pure North program have been significant.”

… continues

Advertisements

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: