MORN.PENSION Flashcards
primary objective of the Canada Health Act
protect, promote, restore the health of Canadians without financial or other barriers
identify conditions for province to receive unreduced funding under Canada Health Act (5)
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
identify 2 challenges facing provincial hospital and medical insurance plans are
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.)
what is the reason for the inception of WC insurance (2)
COURTS: overwhelmed by rapid industrialization and workplace accidents
VICTIMS: needed prompt medical & financial assistance (disabled men with a wife and children)
evaluate the performance of WC using the criteria given in the CAS.GovtIns paper
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
EI: objectives (2)
- income replacement (temporary)
- re-employment assistance
reasons EI wouldn’t be viable without Govt involvement (3)
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