Economics 1021A/B Lecture Notes - Lecture 7: Canada Health Act, Medical Corps, Ontario Health Insurance Plan

• School: Western University
• Department: Economics
• Course: Economics 1021A/B
• Professor: Emilie Rivers

Document Summary

Can be split into 3 categories: poor health medical needs, poor health disability, poor health among the elderly long term care. If an individual gets sick or needs medical treatment, he/she will need to obtain: hospitalization (surgery/operation, or treatment from a medical practitioner (eg. physician, or drugs, or other medical (non-drug) needs. There is also the problem of: dental needs, vision care, hearing care. Attacking the problem of poor health medical needs. 1: employer group benefit plans, government provincial medical plans (i) Individual could purchase an individual health insurance policy sold by an insurance company: will not be going into detail of these types of policies, they could cover various things such as: Visits to other medical and non-medical practitioners. Medical supplies and devices: if person wishes to purchase individual health insurance policy, he would have to go through the underwriting (risk assessment) process. Who buys individual health insurance: travellers.