Sustainability of the Canadian Health Care System and Impact of the 2014 Revision to the Canada Health Transfer – Canadian Institute of Actuaries – September 2013

Posted on September 20, 2013. Filed under: Health Economics | Tags: |

Sustainability of the Canadian Health Care System and Impact of the 2014 Revision to the Canada Health Transfer – Canadian Institute of Actuaries – September 2013

“The cost of the Canadian health care system has been increasing steadily with health care expenditures of provinces and territories over the last five years outpacing the annual rate of inflation by nearly 4 percent. The question of how to fund and even contain growing health care costs is the topic of significant discussion and debate in Canada. While Canadian provinces and territories are predominantly responsible for their own health care delivery, the federal government provides funding support through the Canada Health Transfer (CHT). The objective of this report is to estimate the future costs of the Canadian health care system, assess the sustainability of the system over a 25-year horizon, and analyze the implications of the changes to the CHT proposed on Dec. 19, 2011 by the federal government.”

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