How Sustainable is Medicare?
OTTAWA—There is little to suggest that health care costs will spiral out of control as Canada’s population ages, says a new study released today by the Canadian Centre for Policy Alternatives.
The study, by CCPA-BC Senior Economist Marc Lee, finds that population aging is only a small contributor to rising health care costs, and that the system can be maintained and even enhanced without breaking the bank.
“There is no demographic time bomb waiting to go off in our health care system,” says Lee.
The study finds that: