The Future of Health Care Costs in Canada Analytical Essay by Nicky

The Future of Health Care Costs in Canada
An analysis of the Canadian health care system's future financial sustainability.
# 128530 | 3,667 words | 7 sources | APA | 2010 | US

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The paper explores whether the federal and provincial governments will be able to adequately fund Canada's health care facilities. The paper discusses the concern over the larger rate of growth of health care costs and the lower rate of growth of the national economy. The paper looks at the federal government's expense model which argues that the country's economy is able to support the growing increase in medical costs, based on the projected economic growth. The paper then explains why the government's results cannot be considered entirely reliable.

Overview of Canadian Health Care
The Economic Problem
Applicable Economic Theory
Approaches of Federal and Provincial Governments
Governmental Approaches and Theory
Fallacies Clouding the Issue
Potential Improvements
Gaps in Knowledge

From the Paper:

"The heath care systems play an increasingly important role within the contemporaneous societies. More money is being poured into medical facilities and technologies as the populations strive to increase their life expectancies and become more self conscious. In some countries, this trend is being further enhanced by the growing numbers of elderly. This scenario is more common within highly developed and economically powerful countries. In these regions, such as the United States, Canada or Switzerland, the young adults became more focused on careers and professional fulfilment and postponed the establishment of a family. This materialized in reduced birth rates. But as the natality rates were significantly higher five decades ago, today, the number of elderly is increasing, revealing as such a shortage in the labor force. Foremost, as the American and Canadian baby boomers reach the age of retirement, they place an increased pressure on the health care system, which now has to deal with more requests."

Sample of Sources Used:

  • Brimacombe, G.G., Antunes, P., McIntyre, J., 2001, The Future Cost of Health Care in Canada, 2000 to 2020, The Conference Board of Canada
  • Frankel, J., Orszag, P.R., 2002, American Economic Policy in the 1990s, Universal Music International
  • Freund, D., Smeeding, T.M., 2002, The Future Cost of Health Care in Aging Societies: Is the Glass Half Full or Half Empty? Seminar on Ageing Societies, UNSW
  • Irvine, B., Ferguson, S., Cackett, B., 2005, Background Briefing: The Canadian Health Care System, Retrieved from on November 7, 2008
  • Klatt, I., Understanding the Canadian Health Care System, Retrieved from on November 7, 2008

Cite this Analytical Essay:

APA Format

The Future of Health Care Costs in Canada (2010, July 26) Retrieved March 24, 2023, from

MLA Format

"The Future of Health Care Costs in Canada" 26 July 2010. Web. 24 March. 2023. <>