Equitable Health Care System
Despite the well-established Canadian healthcare system, leading experts in the field are debating on the upcoming future of the healthcare system and the possible need for reform. With our aging society, specialist predict the health care system to cost $219 billion in 2015, a 1.6% increases from 2014, which will continue to rise along with the number of patients. The increasing costs of the Canadian healthcare system are no longer financially sustainable by the government. Therefore, a solution that reduces spending on healthcare while upholding standards of efficiency is required.
Instead of focusing on equitable outcomes, the Canadian healthcare system needs to seriously consider an approach where efficient outcomes are also the goal. In an equitable market system, everyone has equal access and is eventually able to obtain service. Although an equitable system is beneficial to consumers, with such a system come problems of efficiency such as patients being subjected to long waitlists, mediocre treatment, and stalls in innovation. This is exactly what can be seen in the Canadian healthcare system today. Dr. Naylor, current head of the federal panel on health care innovation states, “unless structure changes pretty …show more content…
Patients are able to obtain the best quality of service at the exact time needed and recently has become more accessible with the Affordable Care Act signed in 2010. There are always trade-offs between efficient and equitable health care systems however; choosing between the two is not a zero – sum game. While a healthcare system with perfect efficiency will not have high equitability, there can be a compromise between the two. It is possible to have efficient healthcare available to all citizens within a country, without initiating detrimental effect to the equal access, as can be seen with the recent reform of the American healthcare
Instead of focusing on equitable outcomes, the Canadian healthcare system needs to seriously consider an approach where efficient outcomes are also the goal. In an equitable market system, everyone has equal access and is eventually able to obtain service. Although an equitable system is beneficial to consumers, with such a system come problems of efficiency such as patients being subjected to long waitlists, mediocre treatment, and stalls in innovation. This is exactly what can be seen in the Canadian healthcare system today. Dr. Naylor, current head of the federal panel on health care innovation states, “unless structure changes pretty …show more content…
Patients are able to obtain the best quality of service at the exact time needed and recently has become more accessible with the Affordable Care Act signed in 2010. There are always trade-offs between efficient and equitable health care systems however; choosing between the two is not a zero – sum game. While a healthcare system with perfect efficiency will not have high equitability, there can be a compromise between the two. It is possible to have efficient healthcare available to all citizens within a country, without initiating detrimental effect to the equal access, as can be seen with the recent reform of the American healthcare