medicare costs

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Lessons for ’Medicare for All’ from Canada

In 2016, the median wait to see a specialist for treatment after receiving a referral from a GP was 20 weeks.


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The true cost of Medicare for individuals and families in Canada is often misunderstood, with many people thinking it’s either free or covered by our provincial health insurance premiums.

This misconception has many sources. In part, it stems from the fact that health care consumption is free at the point of use, leading many to grossly underestimate the actual cost of care delivered. Furthermore, health care is financed through general government revenues, rather than financed through a dedicated tax, further blurring the true dollar cost of the service.


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The true cost of Medicare for individuals and families in Canada is often misunderstood with many people thinking it’s either free or covered by what we pay for our provincial health insurance coverage. It is critically important however, that Canadians understand the true cost of Medicare. Armed with a more meaningful estimate, Canadians will be able to better assess whether or not they are receiving value for their health care dollars.