MORN.PENSION

Question 1

primary objective of the Canada Health Act

Answer 1

protect, promote, restore the health of Canadians without financial or other barriers

Question 2

identify conditions for province to receive unreduced funding under Canada Health Act (5)

Answer 2

COMPREHENSIVE: covers all hospital & medical services
UNIVERSAL: covers all eligible residents
PUBLIC: requires administration by non-profit public authority
PORTABLE: between provinces
ACCESSIBLE: uniform terms & conditions for all eligible residents

Question 3

identify 2 challenges facing provincial hospital and medical insurance plans are

Answer 3

prescription drug costs
- federal government is joining the provinces in the pan-Canadian Pharmaceutical Alliance (pCPA)

demographics (the ratio of working-age people to retired people is going down)
- federal government is increasing immigration targets (Immigrants tend to be younger.)

Question 4

what is the reason for the inception of WC insurance (2)

Answer 4

COURTS: overwhelmed by rapid industrialization and workplace accidents
VICTIMS: needed prompt medical & financial assistance (disabled men with a wife and children)

Question 5

evaluate the performance of WC using the criteria given in the CAS.GovtIns paper

Answer 5

Necessary?
- YES, it’s crucial for medical costs & income replacement
Efficient?
- YES, more efficient than private insurance since profit motive is removed
Welfare or Insurance?
- INSURANCE, because premiums are paid regardless of loss AND benefits provided only if there is a loss

Question 6

EI: objectives (2)

Answer 6

• income replacement (temporary)
• re-employment assistance

Question 7

reasons EI wouldn’t be viable without Govt involvement (3)

Answer 7

ADVERSE SELECTION: only those about to lose their jobs would buy it

EMPLOYERS WOULDN’T CONTRIBUTE: they get no benefit (government must mandate coverage)

COMPLEXITY: Govt already has necessary structures in place to facilitate operations