Romanow says medicare system needs an extra $15 billion from Ottawa

By Doug Watt | November 28, 2002 | Last updated on November 28, 2002
1 min read
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    The report recommends the creation of a National Drug Agency mandated to monitor the prescription drug system.

    The commission also suggests modernizing the Canada Health Act and creating a federal-provincial Health Council of Canada, to measure the performance of the healthcare system and make recommendations for improvements.

    The controversial idea of expanding private sector involvement in the healthcare system plays no part in Romanow’s vision. He says that many private-sector concepts, such as pay-as-you-go, user fees and fast-track treatments have already being tried and rejected.

    “We’ve been there. The old solutions did not work and were discarded for that reason. And the preponderance of evidence is that they will not work today.”

    The Romanow commission spent 18 months on the report, researching the healthcare system and conducting wide-ranging consultations across the country.

    Last month, a Senate committee headed by Michael Kirby recommended that Ottawa spend an additional $5 billion a year on healthcare in an effort to fix a system it concluded was not fiscally sustainable. The Kirby report said the new money could be raised by tacking an additional 1.5% on to the goods and services tax or by introducing an annual healthcare insurance premium tied to income levels.

    Filed by Doug Watt, Advisor.ca, dwatt@advisor.ca.

    (11/28/02)

    Doug Watt

  • Few clients save for a sick day, says survey of Canadian advisors
  • Prescription for health: Healthcare financial planning solutions for Canadians
  • Critical illness could lead to emergency financial planning for many Canadians
  • Copayments through tax system could improve health system, reduce tax burden
  • Medical savings accounts bring choice, planning to healthcare: Report
  • Demographics create huge market for “living benefits” planning

    The report recommends the creation of a National Drug Agency mandated to monitor the prescription drug system.

    The commission also suggests modernizing the Canada Health Act and creating a federal-provincial Health Council of Canada, to measure the performance of the healthcare system and make recommendations for improvements.

    The controversial idea of expanding private sector involvement in the healthcare system plays no part in Romanow’s vision. He says that many private-sector concepts, such as pay-as-you-go, user fees and fast-track treatments have already being tried and rejected.

    “We’ve been there. The old solutions did not work and were discarded for that reason. And the preponderance of evidence is that they will not work today.”

    The Romanow commission spent 18 months on the report, researching the healthcare system and conducting wide-ranging consultations across the country.

    Last month, a Senate committee headed by Michael Kirby recommended that Ottawa spend an additional $5 billion a year on healthcare in an effort to fix a system it concluded was not fiscally sustainable. The Kirby report said the new money could be raised by tacking an additional 1.5% on to the goods and services tax or by introducing an annual healthcare insurance premium tied to income levels.

    Filed by Doug Watt, Advisor.ca, dwatt@advisor.ca.

    (11/28/02)