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Showing posts with the label funding hospital

Ontario Budgets are highly misleading

In the lead up to the Ontario provincial Budget, it's useful to flag just how unreliable they have become as a guide to public spending and provincial deficits in recent years under the Ford government.  The government has shown a significant ability to increase funding for public programs and health care programs if the public demands it. The Public Accounts report that total provincial government program expenses for 2024-25 increased by $16.9 billion or 8.7 per cent over the previous fiscal year. That is an increase from $195.2 billion in the previous fiscal year to $212.1 billion in 2024/25. Furthermore, the actual 2024/25 spend was $11.5 billion more than the 2024/25 Budget plan.  The Budget was a very unreliable indicator of actual program spending. A similar scenario played out in health sector funding.  It increased by $6.2 billion or 7.2 per cent over the previous fiscal year. The total health sector spend was also $6.7 billion more than the Budget plan. ...

Hospitals rely on private sector funding more and more

The Canadian Institute for Health Information (CIHI) reports that total expenditures on Ontario hospitals increased to $23.7 billion in 2016. This is an increase of 2.4% since 2015 and 6.1% since the 2012. While provincial government expenditures increased 4.7% over the four years between 2012 and 2016, private sector expenditures on hospitals increased at a much faster rate -- 15.8% .  That is more than three times the percentage increase of the provincial government increases.  Private sector expenditures increased $124.9 million in 2016 to $3.62 billion.  That was a typical increase. The four year private sector increase was $493.1 million, averaging $123.3 million per year.   That's  a lot more than chump change. Key types of private sector payments to hospitals are payments by private insurance companies and out-of pocket payments by individuals.  Hospitals are now relying significantly more on private sector funds.  In 2012 private...