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During times of labor scarcity, workers have less of an incentive to take low-paying jobs, and employers have more of an incentive to provide benefits, to attract a higher-quality workforce. During times of high unemployment, workers are more desperate for jobs and will accept work at lower wages and lower benefits. But over a long duration of time, poor health status can actually result in higher rates of unemployment and lower wages, as conditions become more chronic and impede a worker's ability to labor: for example, 64% of males with diabetes and 40% of women with diabetes between the ages of 50 and 60 were employed; versus 82% of males and 60% of female without diabetes (Jacobs & Rapoport 2002: 259). Diabetes is a condition often associated with the working poor and very poor, and if the disease goes unmanaged it can become more chronic and impede the ability of workers to obtain both labor and benefits.
The impact of a recession upon the healthcare industry is thus generally a 'contracting' effect, although certain aspects of the industry may see expanded demand and certain worker's employment status and health may be impacted in a permanent fashion that affects them even during...
Occasionally, demand for natural healthcare products may increase, given that people may be more apt to use those types of remedies, versus expensive conventional medicine. And one trend noted by members of the industry is that there is a spike in knee and gum surgeries immediately after an economic downturn. When workers fear losing their jobs, they try to make sure to get as many expensive, invasive procedures as possible while they are certain that they still have insurance (Arnst 2011). But as a final note, certain factors not directly pertinent to the economy can affect demand for healthcare. For example, for some workers, the incentive of working at a particular job with benefits can be higher because of their desire to obtain benefits, such as workers with children, while other workers may simply seek out a high-paying cash job.
References
Arnst, Catherine. (2008, May 25). Healthcare: Not so recession-proof. Business week.
Retrieved June 12, 2011 at http://www.businessweek.com/technology/content/mar2008/tc20080324_828167.htm
Jacobs, Philip & John Rapoport. (2002). The economics of health and medical care. Aspen.
Canada is even further behind in its access to high tech equipment, including machines used for MRI's and CAT scans. This shortage of equipment affects wait time for diagnostic tests, which in some provinces can run well over three months (Beaudan, 2002). According to Michael Decter, chair of the national board of Canadian Institute for Health Information, the Canadian health care system is dazed but he still believes that modernized
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