MONTREAL, Nov. 24, 2011 /CNW Telbec/ - The federal government and
several of the provinces have officially declared 2011 the "Year of the
Entrepreneur." In this spirit, the Montreal Economic Institute (MEI)
today launches a publication explaining how entrepreneurial initiatives
could bring innovation and dynamism to the health sector and provide
the population with better care.
For Yanick Labrie, author of the Economic Note, increased health care spending is not necessarily a bad thing because
it is perfectly normal for an aging population, and a more prosperous
one, to want more health care. "What is a cause for concern is the fact
that higher public spending has not led to better services. There is
absolutely no question that entrepreneurs could be called upon to meet
the increased demand more efficiently," he explains.
Laser eye surgery (LASIK) provides a good example of the way in which
entrepreneurs have succeeded in incorporating increasingly advanced
technologies while simultaneously reducing the cost of treatments over
the years. In less than ten years, the price for this kind of surgery
has fallen from around $5,000 to less than $2,000, with a satisfaction
rate of over 95%.
Instead of celebrating these kinds of successes, though, governments
keep obstacles in place that discourage any initiatives that threaten
to shake up the status quo.
Quebec's 1,900 health co-ops and clinics will be scrutinized by a new
squad of inspectors from Quebec's Health Insurance Board (RAMQ) in
order to fight illegal billing. The same approach is being applied in
Ontario, where a record 189 investigations were carried out in
2010-2011. "We're throwing a wrench in the works for
doctors-entrepreneurs who want to help fill in the gaps of the public
system. You have to wonder if the need to follow the rules is not
taking precedence in many cases over patients' interests," observes the
"Discussions about the future of the health care system are polarized
between those who demand greater public spending to meet patients'
needs and those who want to reduce services to limit costs. To meet
patients' needs at lower costs and allow those patients freedom of
choice, we instead have to think about removing legal and political
obstacles in order to allow health care entrepreneurs to propose new
solutions," summarizes Michel Kelly-Gagnon, President and CEO of the
The Economic Note entitled Health Care Entrepreneurship: Overcoming the Obstacles, prepared by Yanick Labrie, economist at the MEI, can be consulted free
of charge at www.iedm.org.
The Montreal Economic Institute is an independent, non-partisan,
not-for-profit research and educational organization. Through its
publications, media appearances and conferences, the MEI stimulates
debate on public policies in Quebec and across Canada by proposing wealth-creating reforms based on market mechanisms. It does not accept
any government funding.
SOURCE MONTREAL ECONOMIC INSTITUTE
For further information:
Ariane Gauthier, communications coordinator, Montreal Economic Institute
Tel.: 514 273-0969 ext. 2231 / Cell: 514 603-8746 / Email: email@example.com