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Wednesday, October 31, 2012

Can we avoid a sick fiscal future? The non-sustainability of health-care spending with an aging population

From the University of Calgary, School of Public Policy, this paper illustrates the fiscal consequences of a sustainable single payer public healthcare system financed on a pay-as-you-go basis as the Canadian population ages.

This model outlined in the paper provides every Canadian at birth the same health-care spending profile by age. Based on this guaranteed lifetime health-care spending, and knowing the age distribution of the population, total public health spending in a given year is calculated.

For the complete paper, go to:

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