The collective health of Canadians impacts the sustainability of the health care system as well as the country’s economic performance. Measures must be taken to mitigate the potentially negative effects of an aging Canadian population.
Health Matters: An Economic Perspective
Health Matters: An Economic Perspective
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The collective health of the Canadian population is the primary driver of rising health costs, and an aging population and the rising prevalence of chronic diseases are straining the country’s health care system. Poor collective health also undermines overall economic productivity, which erodes the tax base that helps fund the health care system. This report discusses some promising avenues for addressing the sustainability of the system, which include taking measures to lessen the impact of chronic diseases on the system; outlining how economic and social policies can improve labour force participation and productivity; and improving productivity and reducing costs in the system itself. The report also shows why an informed, economic perspective is essential for assessing the various options that can address the serious sustainability challenges of Canada’s health care system.
