I first came across his work when researching my book. I quoted him a couple of times.
What irks me about the Internet are the bloggers and lobbyists who continue to listen the media. They fearmonger, exaggerate facts, create dire predictions, and put down all of us who are in or approaching our senior years. Ageism exists in this country. Watch for it!
I wrote about this in a previous post.
From Dr. Rachlis: visit his blog. Learn the facts before you come to conclusions. He writes:
Aging added 0.8% to annual health costs between 2001 and 2010 and it will add about 1.0% to annual health care costs for the next quarter century.
I recently reviewed these issues as a keynote presenter for the Canadian Health Services Research Foundation series on Health Care and the Aging Population. My slide deck,Demographics, aging and financial sustainability, is available for download and sharing. I have also put together ten slides which cover the major health spending issues for Canada and Ontario.There are several pieces on sustainability at the website including “The Sustainability of Medicare” which I co-authored with Toronto economist Hugh Mackenzie.
Let’s tell the real story about health spending:
- Canada’s current health care costs are increasing
- Health increased its share of GDP from 2000 to 2009
- It fell this year
- But recent increases in health care’s share of the GDP are almost totally due to the recession
- Health care has slightly increased its share of provincial budgets due mainly to cuts in other areas rather than increases in health spending
- Canada’s health costs are similar to other wealthy countries and substantially less than those in the US
Medicare is as sustainable as we want it to be. Don’t let anyone tell you otherwise.