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:
http://www.policyschool.ucalgary.ca/sites/default/files/research/emery-generational-balances-final.pdf
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