Study
| EST. READ TIME 1 MIN.Annual health-care costs for typical Canadian family eclipse $13,000 this year
The Price of Public Health Care Insurance, 2019
Summary
- Canadians often misunderstand the true cost of our public health care system. This occurs partly because Canadians do not incur direct expenses for their use of health care, and partly because Canadians cannot readily determine the value of their contribution to public health care insurance.
- In 2019, the estimated average payment for public health care insurance ranges from $4,544 to $13,311 for six common Canadian family types, depending on the type of family.
- Between 1997 and 2019, the cost of public health care insurance for the average Canadian family increased 3.2 times as fast as the cost of food, 2.1 times as fast as the cost of clothing, 1.8 times as fast as the cost of shelter, and 1.7 times faster than average income.
- The 10% of Canadian families with the lowest incomes will pay an average of about $464 for public health care insurance in 2019. The 10% of Canadian families who earn an average income of $67,226 will pay an average of $6,155 for public health care insurance, and the families among the top 10% of income earners in Canada will pay $39,486.