B.C. health-care system “low cost but low value”: Fraser Institute

In value for money of provincial health-care systems, British Columbia falls in the middle of the pack, providing “low-cost, low-value” services, according to a Fraser ...

In value for money of provincial health-care systems, British Columbia falls in the middle of the pack, providing “low-cost, low-value” services, according to a Fraser Institute study released this morning.

B.C.’s health care costs the second-least per capita in the country, but the study finds that in this province, you get what you pay for, as it also has one of the lowest performance rankings – which balance out to place the province fifth out of 10.

Alberta, on the other hand, has one of the highest costs but also one of the highest performance ratings.

“On a national basis, Canada’s health-care system provides very poor value for money in comparison with universal-access systems in other developed nations,” said Nadeem Esmail, Fraser Institute director of health policy studies.

“This study reveals how provinces have struck different balances between health expenditures and health system performance.

“However, some Canadian provinces clearly provide better value for money in health care than others.

The best overall value for money – balancing cost with system performance – was found in Quebec.

The rankings of all provinces are:

1. Quebec;

2. Ontario;

3. New Brunswick;

4. Nova Scotia;

5. British Columbia;

6. Manitoba;

7. Alberta;

8. Saskatchewan;

9. Prince Edward Island; and

10. Newfoundland and Labrador.

ecrawford@biv.com

@EmmaCrawfordBIV

comments powered by Disqus

Also Read

More From Economy

Economy

Europe's economy the hot topic at G20

By Sept. 23, 2014, 11:07 a.m.

Jen St. Denis talks on Global BC about Europe's economy being the hot topic at the G20 

Read Article

British Columbians opened their wallets little more in July than they did a year ago

Read Article

Inflation in British Columbia was 1.4% in the 12 months to August, according to Statistics Canada data released September 19.

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

×