MORN.PENSION Flashcards

1
Q

primary objective of the Canada Health Act

A

protect, promote, restore the health of Canadians without financial or other barriers

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2
Q

identify conditions for province to receive unreduced funding under Canada Health Act (5)

A

COMPREHENSIVE: covers all hospital & medical services
UNIVERSAL: covers all eligible residents
PUBLIC: requires administration by non-profit public authority
PORTABLE: between provinces
ACCESSIBLE: uniform terms & conditions for all eligible residents

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3
Q

identify 2 challenges facing provincial hospital and medical insurance plans are

A

prescription drug costs
- federal government is joining the provinces in the pan-Canadian Pharmaceutical Alliance (pCPA)

demographics (the ratio of working-age people to retired people is going down)
- federal government is increasing immigration targets (Immigrants tend to be younger.)

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4
Q

what is the reason for the inception of WC insurance (2)

A

COURTS: overwhelmed by rapid industrialization and workplace accidents
VICTIMS: needed prompt medical & financial assistance (disabled men with a wife and children)

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5
Q

evaluate the performance of WC using the criteria given in the CAS.GovtIns paper

A

Necessary?
- YES, it’s crucial for medical costs & income replacement
Efficient?
- YES, more efficient than private insurance since profit motive is removed
Welfare or Insurance?
- INSURANCE, because premiums are paid regardless of loss AND benefits provided only if there is a loss

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6
Q

EI: objectives (2)

A
  • income replacement (temporary)
  • re-employment assistance
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7
Q

reasons EI wouldn’t be viable without Govt involvement (3)

A

ADVERSE SELECTION: only those about to lose their jobs would buy it

EMPLOYERS WOULDN’T CONTRIBUTE: they get no benefit (government must mandate coverage)

COMPLEXITY: Govt already has necessary structures in place to facilitate operations

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