Government Budget Overruns Cast Doubt on Reports of Sustainable Healthcare Spending
The history of healthcare spending overruns by provincial and territorial governments means Canadians must wait for the final numbers before concluding that public healthcare spending is growing at a sustainable rate
By C.D. Howe Institute —— Bio and Archives--October 2, 2014
Canadian News, Opinion | Comments | Back To Full Article
Canadians should hold off on declaring a slowdown in government healthcare spending to sustainable growth rates, says a C.D. Howe Institute report released today. In “Bending Canada’s Healthcare Cost Curve: Watch Not What Governments Say, But What They Do,” author William B.P. Robson finds that reports of slower growth in healthcare spending have been repeatedly wrong-footed by chronic budget overshoots. So recent estimates that healthcare spending is no longer growing faster than the economy may also prove optimistic.
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