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"New Zealand, he said, implemented a single payer system of generic drugs for its four million plus population and it pays at least five times less than the Canadian provinces and territories currently do with a national population of 35 million. And they have done it without having to raise income tax rates, Morgan added. "We can cut our Adidas Stan Smith Shoes Black
They say that under age based plans, seniors with income and drug needs similar to a working age family without private drug coverage pay a much smaller shar.
costs for prescription drugs by somewhere in the order of 40 per cent by being a single payer .
percentage point. Howe Institute advocates for income based drug insurance plans, saying age based plans will be a poor model for handling the coming surge of baby boomers moving into their senior years. Under these universal coverage Stan Smith Mens Shoes plans, seniors and other Canadians pay a percentage of their income toward the cost of medicines before a government subsidy kicks in. "An income based deductible is equivalent to saying Stan Smith Mid
your income tax will go up by three per cent or more, depending on the province you live in, under one of these programs, because that's how they're structured," Morgan said Tuesday from Vancouver, where he heads the Centre for Health Services and Policy Research at the University of British Columbia.
"In particular, some will stop using essential medications to treat preventable things like cardiovascular disease risks or maintenance therapies for psychological needs," Morgan said. "What ends up happening is some of those patients stop taking medicines that they really ought to be taking and then they Stan Smith Noir
end up in the hospital and it starts costing taxpayers money anyway. ""We believe there is a viable alternative not to scale back on seniors drug coverage in the face of an aging population, but actually to grow the coverage that we provide to non seniors so that we have a universal system of financing medically necessary drugs that can exercise the power of a single payer in the world pharmaceutical market.
Stan Smith Mens Shoes
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