Economics 2159A/B Lecture Notes - Lecture 9: High Tech
20 Apr 2018
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Document Summary
Canada"s health care system (known as medicare) is in a state of crisis - one of rising spending and the government"s inability to sustain the growth. This system has resulted in the progressive rationing of health care, resulting in. People dying in overcrowded emergency rooms while waiting for care. Numerous services being removed from provincial health plan coverage. All because of the retrenchment in budgetary expenditures by governments to eliminate their budget deficits. The very issue of the affordability of a continued public health care system in. When canada"s health care system began, it"s population had a large percentage of young people, its economy was growing rapidly, and the high-tech medical revolution had not yet started. Our population is aging, interest payments on our governments" debts are rising (consuming tax dollars once available for health, education and other programs), and the cost of modern medical technology is rising.
