Brown - Future Canadian Healthcare
Further Analysis of Future Canadian Health Care
Dr. Robert Brown
Professor of Actuarial Science and Director
Institute of Insurance and Pension Research
University of Waterloo
University of Waterloo
October 13, 2004
3:30 PM—5:00 PM
Davis Centre Room 1304
University of Waterloo
Abstract
The Canadian public health care delivery system continues to experience growing needs for increased funding. The total health care delivery system today costs Canadians $98 billion a year or about 9.7% of GDP. Of that total cost, 71% is paid by the government, which means the taxpayers. While that may pale in comparison to the costs in the United States, it does make the Canadian system one of the five most expensive health care delivery systems in the world. While today’s cost pressures are of major concern, of even more concern are the costs being projected by many participants in the current health care debate for the period when the baby boom makes higher demands on the Canadian health care delivery system. Traditional projection methods, however, do not differentiate as to the use of health care systems between the elderly who survive the year versus those who die. This presentation first looks at the impact that this differentiation could have on projected costs. It then looks at the impact that the wide use of advance directives might have on future health care costs and some of the issues surrounding their use.
The Canadian public health care delivery system continues to experience growing needs for increased funding. The total health care delivery system today costs Canadians $98 billion a year or about 9.7% of GDP. Of that total cost, 71% is paid by the government, which means the taxpayers. While that may pale in comparison to the costs in the United States, it does make the Canadian system one of the five most expensive health care delivery systems in the world. While today’s cost pressures are of major concern, of even more concern are the costs being projected by many participants in the current health care debate for the period when the baby boom makes higher demands on the Canadian health care delivery system. Traditional projection methods, however, do not differentiate as to the use of health care systems between the elderly who survive the year versus those who die. This presentation first looks at the impact that this differentiation could have on projected costs. It then looks at the impact that the wide use of advance directives might have on future health care costs and some of the issues surrounding their use.
Biosketch
Robert L. Brown is a Professor of Actuarial Science and Director of the Institute of Insurance and Pension Research at the University of Waterloo. He graduated from the University of Waterloo in 1971 with a BMath degree. He obtained a MA in Gerontology in 1994 (Waterloo) and a PhD (Gerontology) from Simon Fraser University in 1997. Rob is a Fellow of the Canadian Institute of Actuaries, a Fellow of the Society of Actuaries and an Associate of the Casualty Actuarial Society. He was President of the Canadian Institute of Actuaries in 1990/91, President of the Society of Actuaries in 2000/01, and is the author of six textbooks and 45 refereed papers.
Robert L. Brown is a Professor of Actuarial Science and Director of the Institute of Insurance and Pension Research at the University of Waterloo. He graduated from the University of Waterloo in 1971 with a BMath degree. He obtained a MA in Gerontology in 1994 (Waterloo) and a PhD (Gerontology) from Simon Fraser University in 1997. Rob is a Fellow of the Canadian Institute of Actuaries, a Fellow of the Society of Actuaries and an Associate of the Casualty Actuarial Society. He was President of the Canadian Institute of Actuaries in 1990/91, President of the Society of Actuaries in 2000/01, and is the author of six textbooks and 45 refereed papers.
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