Canadian Healthcare Costs Skyrocket Beyond Income Growth by 2024: Study

86

TL/DR –

The Fraser Institute predicts that healthcare costs for the average Canadian family will rise to nearly $18,000 this year. A study has found that these increasing healthcare costs are growing faster than income rates. The conclusion of these findings suggests that Canadians are not getting a fair deal when it comes to healthcare.


“Canadians face health care cost hike outpacing income growth in 2024”

“Public Health Care Insurance Costs in 2024”

“Health-care costs for average Canadian family to hit nearly $18,000 in 2024”

A recent study warns that Canadians are facing a health care cost surge that surpasses their income growth by 2024. With the cost of Public Health Care Insurance also expecting a substantial increase, Canadian families are in for a raw deal.

New research from the Fraser Institute validates this predicament. It estimates that health-care expenses for the average Canadian family will reach nearly $18,000 this year. These figures underscore the escalating financial burden of health care expenses on Canadians, leaving them in a precarious position amidst the rising costs of their health care insurance.


Read More Health & Wellness News ; US News