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Nils Finne

I look forward to more posts on the Canadian system, Bill. How are they doing on containing escalating costs?

Bill Gardner

Great question, Nils. I know they are VERY concerned about it. They should be. If these data from Towers Watson are correct (http://www.towerswatson.com/assets/pdf/3585/Towers-Watson-Global-Medical-Trends-Svy-Rpt.pdf), their medical cost inflation rate is substantially higher than ours. The hospital we are working for here in Halifax is engaged in a significant cost cutting program. They have to, because the provincial government pays the bills, is in deficit, and is working hard to close it. We'll see.

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