Managing the Cost of Healthcare for an Aging Population: British Columbia Confronts its Glacier

Colin Busby and William Robson
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Colin Busby: C.D. Howe Institute

No 144, e-briefs from C.D. Howe Institute

Abstract: Before the worldwide economic crisis, health care funding in B.C. was rising by an average of about seven per cent per year. Since 2009, the rate of increase has declined to about five per cent. And now, going forward, we’re looking at lifts closer to three per cent per year. Even with this modest growth, health care is projected to account for more than 42 per cent of total government spending by 2014-15. We can’t just keep pouring more and more dollars in. We have to find creative ways to minimize expenses....” (British Columbia Budget Speech 2012, p. 7.)

Keywords: Social Policy; Health Policy (search for similar items in EconPapers)
JEL-codes: I1 (search for similar items in EconPapers)
Date: 2013-01
New Economics Papers: this item is included in nep-age and nep-hea
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Citations: View citations in EconPapers (2)

Published on the C.D. Howe Institute website, January 2013

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