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Sharing the Health: Canada's Market for Prescription Drug Services and its Impact on Self-perceived Health

Paterson, Connor LU (2016) NEKN01 20161
Department of Economics
Abstract
Canada is one of the only nations in the world that offers universal health coverage that excludes outpatient prescription drug services. This means that citizens may find out their diagnosis free of charge, but must incur out-of-pocket expenses for prescription drugs dispensed outside of hospitals. This paper examines the prevalence of prescription drug coverage in Canada across various socioeconomic groups, and identifies which specific factors have the strongest bearing on perceived health. The results show that age, education, location and income all play a significant role in determining whether or not individuals are able to obtain coverage, amongst other factors, and that these are proportionally related to how individuals assess... (More)
Canada is one of the only nations in the world that offers universal health coverage that excludes outpatient prescription drug services. This means that citizens may find out their diagnosis free of charge, but must incur out-of-pocket expenses for prescription drugs dispensed outside of hospitals. This paper examines the prevalence of prescription drug coverage in Canada across various socioeconomic groups, and identifies which specific factors have the strongest bearing on perceived health. The results show that age, education, location and income all play a significant role in determining whether or not individuals are able to obtain coverage, amongst other factors, and that these are proportionally related to how individuals assess their own well-being. This suggests that Canada’s current healthcare system is not as comprehensive as it is made to seem, and that a redesign may be warranted moving forward. (Less)
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author
Paterson, Connor LU
supervisor
organization
course
NEKN01 20161
year
type
H1 - Master's Degree (One Year)
subject
keywords
Health, Economics, Canada, Medicine, Insurance
language
English
id
8889623
date added to LUP
2016-09-09 14:03:30
date last changed
2016-09-09 14:03:30
@misc{8889623,
  abstract     = {Canada is one of the only nations in the world that offers universal health coverage that excludes outpatient prescription drug services. This means that citizens may find out their diagnosis free of charge, but must incur out-of-pocket expenses for prescription drugs dispensed outside of hospitals. This paper examines the prevalence of prescription drug coverage in Canada across various socioeconomic groups, and identifies which specific factors have the strongest bearing on perceived health. The results show that age, education, location and income all play a significant role in determining whether or not individuals are able to obtain coverage, amongst other factors, and that these are proportionally related to how individuals assess their own well-being. This suggests that Canada’s current healthcare system is not as comprehensive as it is made to seem, and that a redesign may be warranted moving forward.},
  author       = {Paterson, Connor},
  keyword      = {Health,Economics,Canada,Medicine,Insurance},
  language     = {eng},
  note         = {Student Paper},
  title        = {Sharing the Health: Canada's Market for Prescription Drug Services and its Impact on Self-perceived Health},
  year         = {2016},
}