Managing Healthcare for an Aging Population: New Brunswick's $78 Billion Question
11 Pages Posted: 4 Jul 2013
Date Written: February 13, 2013
“New Brunswickers have been clear about their priorities: they want quality, affordable health care and services for our seniors.” (2012/13 New Brunswick Budget, p. 14).
New Brunswickers carry a $78 billion fiscal burden – the higher tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing Healthcare for an Aging Population: New Brunswick’s $78 Billion Question,” authors Colin Busby and William B.P. Robson recommend that New Brunswick prefund selected healthcare services and benchmark against other provinces to get better health bang for its tax bucks, particularly in regard to its relatively high spending on seniors’ programs and hospitals.
Keywords: Healthcare, Social Policy, Health Policy, Aging Population, New Brunswick
JEL Classification: I10, I18, H51
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