Book Description

Caring For Profit traces how Canada's $77 billion a year health care industry is turning away from its original mandate of providing the best possible medical care to Canadians, and how multinational capital is forcing its way into our non'profit health care system. In Caring For Profit, Colleen Fuller traces alliances that were struck between private insurers and the medical profession during the 1950s and 1960s to defeat "socialized medicine". These alliances survived the establishment of medicare in Canada in 1968, and have been strengthened by new forces emerging in an era of globalization. Instead of a health care system focused on providing the highest quality of care to the greatest number of Canadians, the system is increasingly dominated by financial giants more concerned with consolidations, mergers, acquisitions, and higher profit margins. Caring for Profit is a "who's who" of key people and corporations making money in Canada's health care sector ? and a portrait of the strategies and alliances that threaten to replace the principles of medicare with the dictates of the stock market.