Monday, March 24, 2014

The increasing inefficiency of private health insurance in Canada

The gap between private health insurance premiums and payouts in Canada has widened markedly over the past 20 years, with a gap of $6.8 billion in 2011. In an analysis in CMAJ, Michael Law and coauthors examine why this has happened and how the private insurance industry might be better regulated for the benefit of those insured.

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