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| EST. READ TIME 1 MIN.The Price of Public Health Care Insurance: 2013 Edition
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 2013, the estimated average payment for public health care insurance will range from $3,387 to $11,381 for six common Canadian family types, depending on the type of family.
For the average Canadian family, between 2003 and 2013 the cost of public health care insurance increased more than 1.5 times faster than the cost of shelter and clothing, more than twice as fast as food, and nearly 1.5 times faster than average income.
The 10 percent of Canadian families with the lowest incomes will pay an average of about $482 for public health care insurance in 2013. The 10 percent of Canadian families who earn an average income of $56,596 will pay an average of $5,364 for public health care insurance, while those families that are among the top 10 percent of income earners in Canada will pay about $35,309.
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Nadeem Esmail
Senior Fellow, Fraser Institute
Nadeem Esmail is a Senior Fellow of the Fraser Institute. He first joined the Fraser Institute in 2001, served asDirector of Health System Performance Studies from 2006 to 2009, and has been a Senior Fellow since 2010. Mr. Esmail has spearheaded critical Fraser Institute research including the annual Waiting Your Turn survey of surgical wait times across Canada and How Good Is Canadian Health Care?, an international comparison of health care systems. In addition, Mr. Esmail has authored or co-authored more than 30 comprehensive studies and more than 150 articles on a wide range of topics including the cost of public health care insurance, international comparisons of health care systems, hospital performance, medical technology, and physician shortages. A frequent commentator on radio and TV, Mr. Esmail's articles have appeared in newspapers across North America. Mr. Esmail completed his B.A. (Honours) in Economics at the University of Calgary and received an M.A. in Economics from the University of British Columbia.… Read more Read Less… -
Milagros Palacios
Director, Addington Centre for Measurement, Fraser InstituteMilagros Palacios is the Director for the Addington Centre for Measurement at the Fraser Institute. She holds a B.S. in IndustrialEngineering from the Pontifical Catholic University of Peru and a M.Sc. in Economics from the University of Concepcion, Chile. Ms. Palacios has studied public policy involving taxation, government finances, investment, productivity, labour markets, and charitable giving, for nearly 10 years. Since joining the Institute, Ms. Palacios has authored or coauthored over 70 comprehensive research studies, 70 commentaries and four books. Her recent commentaries have appeared in major Canadian newspapers such as the National Post, Toronto Sun, Windsor Star, and Vancouver Sun.… Read more Read Less…
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