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Canada healthcare in trouble
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<blockquote data-quote="klein" data-source="post: 737969" data-attributes="member: 23950"><p>That's just the way Canada works.</p><p>Every province pays the government of Canada tax constributions, and then we all (provinces), beg for it back. Be it Education , Healthcare, or Infrastucture.</p><p> </p><p>I'm not even sure why that article was written as it was.</p><p>It reports healthcare went up by 5.5%, but actually a 6% increase was given each year by the feds, until 2013.</p><p> </p><p>See what happens in 2013, I guess. But, surely more money from the feds is on it's way, just the amount is yet, unknown.</p><p>So, these little "threats" from provinces from time to time, reminds the feds to keep money aside for them.</p><p> </p><p>I don't see our healthcare system getting worse, then any other country. Just our high dollar now, alone, makes imported medical equipment (from Germany, USA, Japan), much cheaper.</p><p>Also keeps our Doctors and Nurses, from moving to the US, since the payrate is no longer as lukrative.</p><p> </p><p>Besides, just this Monday, we had a first quarter GDP increase of 6.1%. Largest single quarterly increase in over a decade.</p><p>Bank of Canada had to react and raised interest rates yesterday.</p><p> </p><p>All that means, is more income for the provinces, and the federal income. Certainly money there, to fund any short commings in the future.</p><p> </p><p> </p><p>TORONTO</p><p>Mon May 31, 2010 2:34pm (Reuters) </p><p><strong><span style="font-size: 12px">Here are some facts about Canada's universal healthcare system:</span></strong></p><p> </p><p> </p><p><span style="font-size: 12px">Canada's "single payer" national health insurance program promises all residents reasonable access to medically necessary hospital and physician services without co-payments or direct charges at the point of service.</span></p><p> </p><p><span style="font-size: 12px">* The program, often referred to as "medicare," comprises 13 provincial and territorial health insurance plans, all of which share certain common standards of coverage, governed by the 1984 Canada Health Act.</span></p><p> </p><p><span style="font-size: 12px">* Provinces and territories must comply with the Canada Health Act to receive federal transfer payments.</span></p><p> </p><p><span style="font-size: 12px">* Ottawa in 2004 agreed to give the provinces an additional C$41 billion ($39 billion) for healthcare spending, allowing 6 percent growth yearly. The deal expires in 2013.</span></p><p> </p><p><span style="font-size: 12px">* The federal government has also since agreed to additional transfers for initiatives such as reducing wait times, HPV (human papillomavirus) immunization and electronic health records.</span></p><p> </p><p><span style="font-size: 12px">* Healthcare costs are mostly paid from income taxes, although some provinces also impose premiums that may be waived or reduced for low-income residents.</span></p><p> </p><p><span style="font-size: 12px">* An estimated 70 percent of healthcare expenditures is covered by public funding and 30 percent is paid for privately. Private payments include those for prescription drugs (including topping up public coverage for the elderly), dental, vision care and other services.</span></p><p> </p><p><span style="font-size: 12px">* Healthcare spending in Canada was expected to reach C$183.1 billion in 2009, an estimated increase or 5.5 percent since 2008, according to the Canadian Institute of Health Information.</span></p><p> </p><p><span style="font-size: 12px">* In 2000, the World Health Organization ranked Canada No. 30 out of 191 member countries in overall health system efficiency and performance. The United States ranked 37, while France topped the rankings.</span></p><p> </p><p><span style="font-size: 12px">* A 2009 poll by Nanos Research found 86 percent of Canadians surveyed supported or strongly supported "public solutions to make our public healthcare stronger".</span></p><p> </p><p> </p><p> </p><p> </p><p> </p><p><strong>Related News</strong></p><p> </p><p></p><ul> <li data-xf-list-type="ul"><a href="http://www.reuters.com/article/idUSTRE6502NW20100601" target="_blank">Bank of Canada first in G7 to hike rates</a> Tue, Jun 1 2010</li> <li data-xf-list-type="ul"><a href="http://www.reuters.com/article/idUSN0110395720100601" target="_blank">UPDATE 1-Bank of Canada hikes rates, outlook cloudy</a> Tue, Jun 1 2010</li> <li data-xf-list-type="ul"><a href="http://www.reuters.com/article/idUSTRE64U46J20100531" target="_blank">Canada IPO market luring action</a> May 31 2010</li> </ul></blockquote><p></p>
[QUOTE="klein, post: 737969, member: 23950"] That's just the way Canada works. Every province pays the government of Canada tax constributions, and then we all (provinces), beg for it back. Be it Education , Healthcare, or Infrastucture. I'm not even sure why that article was written as it was. It reports healthcare went up by 5.5%, but actually a 6% increase was given each year by the feds, until 2013. See what happens in 2013, I guess. But, surely more money from the feds is on it's way, just the amount is yet, unknown. So, these little "threats" from provinces from time to time, reminds the feds to keep money aside for them. I don't see our healthcare system getting worse, then any other country. Just our high dollar now, alone, makes imported medical equipment (from Germany, USA, Japan), much cheaper. Also keeps our Doctors and Nurses, from moving to the US, since the payrate is no longer as lukrative. Besides, just this Monday, we had a first quarter GDP increase of 6.1%. Largest single quarterly increase in over a decade. Bank of Canada had to react and raised interest rates yesterday. All that means, is more income for the provinces, and the federal income. Certainly money there, to fund any short commings in the future. TORONTO Mon May 31, 2010 2:34pm (Reuters) [B][SIZE=3]Here are some facts about Canada's universal healthcare system:[/SIZE][/B] [SIZE=3]Canada's "single payer" national health insurance program promises all residents reasonable access to medically necessary hospital and physician services without co-payments or direct charges at the point of service.[/SIZE] [SIZE=3]* The program, often referred to as "medicare," comprises 13 provincial and territorial health insurance plans, all of which share certain common standards of coverage, governed by the 1984 Canada Health Act.[/SIZE] [SIZE=3]* Provinces and territories must comply with the Canada Health Act to receive federal transfer payments.[/SIZE] [SIZE=3]* Ottawa in 2004 agreed to give the provinces an additional C$41 billion ($39 billion) for healthcare spending, allowing 6 percent growth yearly. The deal expires in 2013.[/SIZE] [SIZE=3]* The federal government has also since agreed to additional transfers for initiatives such as reducing wait times, HPV (human papillomavirus) immunization and electronic health records.[/SIZE] [SIZE=3]* Healthcare costs are mostly paid from income taxes, although some provinces also impose premiums that may be waived or reduced for low-income residents.[/SIZE] [SIZE=3]* An estimated 70 percent of healthcare expenditures is covered by public funding and 30 percent is paid for privately. Private payments include those for prescription drugs (including topping up public coverage for the elderly), dental, vision care and other services.[/SIZE] [SIZE=3]* Healthcare spending in Canada was expected to reach C$183.1 billion in 2009, an estimated increase or 5.5 percent since 2008, according to the Canadian Institute of Health Information.[/SIZE] [SIZE=3]* In 2000, the World Health Organization ranked Canada No. 30 out of 191 member countries in overall health system efficiency and performance. The United States ranked 37, while France topped the rankings.[/SIZE] [SIZE=3]* A 2009 poll by Nanos Research found 86 percent of Canadians surveyed supported or strongly supported "public solutions to make our public healthcare stronger".[/SIZE] [B]Related News[/B] [LIST] [*][URL="http://www.reuters.com/article/idUSTRE6502NW20100601"]Bank of Canada first in G7 to hike rates[/URL] Tue, Jun 1 2010 [*][URL="http://www.reuters.com/article/idUSN0110395720100601"]UPDATE 1-Bank of Canada hikes rates, outlook cloudy[/URL] Tue, Jun 1 2010 [*][URL="http://www.reuters.com/article/idUSTRE64U46J20100531"]Canada IPO market luring action[/URL] May 31 2010 [/LIST] [/QUOTE]
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