Prince Edward Islanders carry a $14 billion fiscal burden – the higher tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing Healthcare for an Aging Population: Prince Edward Island’s $14 Billion Healthcare Glacier,” authors Colin Busby and William B.P. Robson recommend that the province prefund selected healthcare services and benchmark against other provinces to get better health bang for their tax bucks.
February 27, 2013