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November 13, 2007Ready. Set. Wait.The Fraser Institute, a free market think tank in Canada, has released its 17th Annual survey of wait times for medical procedures under Canada's single-payer Medicare system. From the Executive Summary: Canada-wide total waiting time reached a new high in 2007 (continuing to hover near the 18-week mark)- and its level is high, both historically and internationally. Compared to 1993, waiting time in 2007 is 97 percent longer. Moreover, academic studies of waiting time have found that Canadians wait longer than Americans, Germans, and Swedes (sometimes) for cardiac care, although not as long as New Zealanders or the British. Medical research has shown that longer waits can lead to adverse consequences for cardiac patients. Furthermore, economists attempting to quantify the cost of this waiting time have estimated it to amount to $1,100 to $5,600 annually per patient (Cullis and Jones, 1986; Propper, 1990). Posted by Paul Howard at November 13, 2007 04:45 PM CommentsPost a comment |
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