Get Ready for Health Care Premium Hikes

Most people don’t understand how our medical system works. We do not have free health care in the traditional sense. 75% of Canadian health care services are delivered privately, but funded publicly, if that makes any sense. Basic costs are covered by the government. But less than half the cost for our medication is publicly funded. And only about 10% of long term and chronic illness treatments are paid for by the public. The rest is through private insurance or the patient’s own pockets.

Waiting times are usually longer than in the US, and we are slower to adopt new technology and medicines which leads to higher mortality rates for conditions like heart attacks. That’s why sometimes we travel to other countries to get treatment. The Ontario government is currently spending 40% of it’s whole budget on health care. Some estimates health care costs will climb to as high as 80% of all their provincial spending by 2030 if left unchecked. I wonder if that has anything to do with why Canadians pay so much tax.

Speaking of taxes, BC is raising MSP premiums (government health insurance that everyone has to pay, unless they live with parents or don’t have a job) As of January 2012, BC medical rates are increasing as detailed below. I’m single, so I’m paying the lowest rate. And even better, my employer pays most of it for me (ಥಥ ) I feel so lucky.

Single:           Now  $60.50 per month           Next Year      $64.00 per month
Family of 2    Now  $109.00 per month          Next Year      $116.00 per month
3 or more      Now  $121.00 per month          Next Year      $128.00 per month

Does your company pay for your health care premiums too? Canada has a pretty good medical system overall, but I think it can be improved. For example, on average, Canadian surgeons only earn half of what US surgeons make, so there’s little incentive for skilled doctors to stay here once they finish medical school, which is a whole other issue that I wont get into today.

Sources:
http://www.diffen.com/difference/Healthcare_In_Canada_vs_Healthcare_In_The_United_States
http://en.wikipedia.org/wiki/Health_care_in_Canada
http://digitaljournal.com/article/314644
http://www.health.gov.bc.ca/msp/infoben/premium.html

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heavy blanket
04/26/2022 7:33 am

Even found myself twenty years later in Basel reading an article about the upcoming 25 year celebration of the Basel jazz scene, the writer even saluted me for the gigs I provided years ago.

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06/30/2022 6:29 am

They only serve foods that can be eaten by hand or with a fork or spoon. Bringing a plastic knife is grounds for disciplinary action in our school system, as ridiculous as that might sound.

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Emma Watson
07/09/2022 7:53 am

They only serve foods that can be eaten by hand or with a fork or spoon. Bringing a plastic knife is grounds for disciplinary action in our school system, as ridiculous as that might sound. tooth procedure see it here So if you’re unsure of your local system’s policy, you may want to check.

ozempic insulin
07/21/2022 6:07 am

These are fun, but be warned that many school systems do not allow students to bring even plastic knives to school. They only serve foods that can be eaten by hand or with a fork or spoon.

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06/11/2023 6:14 am

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06/14/2023 1:14 am

Canada has a single-payer healthcare system, which means that the government is the sole payer for healthcare services. However, the government does not directly provide healthcare services. Instead, it contracts with private healthcare providers, such as doctors, hospitals, and clinics. This is why 75% of Canadian healthcare services are delivered privately.

Physio Townsville
06/21/2023 11:12 pm

That’s why sometimes we travel to other countries to get treatment. The Ontario government is currently spending 40% of it’s whole budget on health care.

emma
emma
07/26/2023 10:46 pm

That’s why sometimes we go to different countries to get medical help. Right now, the Ontario government is using 40% of its entire budget for healthcare. <a href="http://long acting insulin” target=”_blank”><a href=”https://insulinreviews.co/product-category/best-long-acting-insulin/”>long acting insulin</a>

Robin
Robin
11/21/2023 5:17 am

Having fun is great, but remember, some schools don’t let students bring plastic knives. They only allow foods you can eat with your hands, a fork, or a spoon. holiday cottages in Cornwall

jose
jose
08/05/2024 6:50 am

And only about 10% of long term and chronic illness treatments are paid for by the public. The rest is through private insurance or the patient’s own pockets.薑黃

Last edited 3 months ago by jose
Smith
Smith
09/29/2024 6:04 am

It’s eye-opening to learn more about how the Canadian healthcare system works, especially how much of the costs for medication and chronic treatments come from our own pockets or private insurance. As healthcare premiums rise, understanding these details is crucial for planning. Thanks for shedding light on this!
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10/05/2024 2:12 am

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William
William
10/14/2024 5:44 am

However, the government does not directly provide healthcare services. Instead, it contracts with private healthcare providers, such as doctors, hospitals, and clinics.  Physio Cleveland

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10/16/2024 7:04 am

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