Thursday, October 25, 2012

Public-health-care costs spiralling up

A new report by the Fraser Institute points out the real cost of public
health care in Canada and debunks the myth that the universal system
is free.
Study shows universal system financed by 'substantial taxpayer-funded cost'

The B.C. Catholic has a story by Alistair Burns about a study from the Fraser Institute that looks at the cost of the public health-care system:
Many foreigners, and even some Canadians, think our universal health care is free. The truth is our taxes pay for the system. Now a new report from the Fraser Institute is casting some light on the real cost.

"One often hears about 'free' health care," the study points out. This statement "entirely ignores the substantial taxpayer-funded cost."

The study, "The Price of Public-Health-Care Insurance," by Nadeem Esmail and Milagros Palacios, puts forth a multi-layered answer to clear up the confusion. They noted we do not incur direct expenses for our use of health care and we cannot specify the value of our individual contribution to public insurance.

"If average Canadian families have a better idea of how much health care costs, they can hold their government better to account," Esmail commented.
Read the full story at The B.C. Catholic website.

1 comment:

  1. Heath care cost are increasing in high amount therefore it is very difficult for ordinary person. I like your research about health care cost.
    Harshal Shah


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