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

Author

Listed:
  • Colin Busby

    (C.D. Howe Institute)

  • William Robson

    (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.)

Suggested Citation

  • Colin Busby & William Robson, 2013. "Managing the Cost of Healthcare for an Aging Population: British Columbia Confronts its Glacier," e-briefs 144, C.D. Howe Institute.
    • Handle: RePEc:cdh:ebrief:144
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    File URL: https://www.cdhowe.org/public-policy-research/managing-cost-healthcare-aging-population-british-columbia
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    Cited by:

    1. Finn Poschmann & Philippe Bergevin, 2013. "Reining in the Risks: Rethinking the Role of Crown Financial Corporations in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 372, February.
    2. Colin Busby & William Robson, 2013. "Canada's 2012 Fiscal Accountability Rankings," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 373, February.

    More about this item

    Keywords

    Social Policy; Health Policy;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

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