In a TJ article today:
Stéphane Robichaud requires few words when asked about the future of health care in New Brunswick.
Stéphane Robichaud, CEO of the New Brunswick Health Council, says most people are unaware of troubling statistics that show health spending in the province is unsustainable over the long term. “The system is not sustainable, not in the long term,” says the CEO of the New Brunswick Health Council.
I have been thinking about health care and writing about it as well – from an economics/fiscal perspective.
I have come to the conclusion that we have to come to some agreement about how much health care spending the economy can sustain. I think we should agree on a hard cap- you pick the number – 10%, 15% as a percentage of GDP – and then fix that as a hard number for public health care spending.
We can’t control the private side – dental, eye, etc. but the public side we should fix some agreed upon measurement – spending growth tied to inflation, a hard %/GDP ratio, something to force cost sustainability.
I have been talking to health care professionals in recent weeks and I can’t think of any other option.