The true cost of Medicare for individuals and families in Canada is often misunderstood, with many people thinking its either free or covered by our provincial health insurance premiums.
This misconception has many sources. In part, it stems from the fact that health care consumption is free at the point of use, leading many to grossly underestimate the actual cost of care delivered. Furthermore, health care is financed through general government revenues, rather than financed through a dedicated tax, further blurring the true dollar cost of the service.
To understand health insurance performance, measure the right outcomes - Appeared in the Halifax Chronicle-Herald, New Brunswick Telegraph Journal, and Fredericton Daily Gleaner
Are Canadians getting good value for money from their health insurance system? This question is often discussed among health economists and policymakers. And while its important to know whether citizens are getting the best bang for their health buck, its imperative that the appropriate outcomes are measured in order to accurately assess the economic performance of a health insurance system.
The saddest thing about the health care reform debate in both Canada and the United States is that those who advocate for government-run health insurance have no regard for the facts, and no apparent concern for the interests of patients. Bob Raes misinformed commentary about the case of Shona Holmes is an example of this.