Many Canadians continue to struggle with out-of-pocket health expenses, such as prescription drugs and dental care. One potential solution is to leverage health-related tax policies, to improve access to health care services, products, and programs, particularly for lower-income Canadians. But would it be enough?
New research from the Conference Board examines the efficiency and equity of current and proposed health-related tax policy. Join researcher Alexandru Dobrescu as he details the findings of Tax Policies in Canadian Health Care: Do They Incentivize Utilization? In this session, Alexandru will examine usage patterns of some current and proposed tax policies as well as the role of federal and provincial governments in ensuring equitable and timely access to the health care system for Canadians. Alexandru will also analyze the current Medical Expense Tax Credit and Children’s Fitness Tax Credit, and explore the Refundable Health Tax Credit proposed by the Advisory Panel on Health Innovation, as well as a hypothetical medical expense tax deduction. The webinar will conclude with a discussion of the implications of making employee benefits taxable, and the lessons learned from examining current and proposed tax policies.