A typical Canadian family of four will pay an estimated $17,713 for public health-care insurance this year, finds a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Canadians pay a substantial amount of money for health care through a variety of taxes—even if we don’t pay directly for medical services,” said Nadeem Esmail, senior fellow at the Fraser Institute and co-author of The Price of Public Health Care Insurance, 2024.
Most Canadians are unaware of the true cost of health care because they never see a bill for medical services, may only be aware of partial costs collected via employer health taxes and contributions (in provinces that impose them), and because general government revenue—not a dedicated tax—funds Canada’s public health-care system.
The study estimates that a typical Canadian family consisting of two parents and two children with an average household income of $176,266 will pay $17,713 for public health care this year. Couples without dependent children will pay an estimated $16,528. Single Canadians will pay $5,629 for health care insurance, and single parents with one child will pay $5,345.
Since 1997, the first year for which data is available, the cost of healthcare for the average Canadian family has increased substantially, and has risen more quickly than its income. In fact, the cost of public health care insurance for the average Canadian family increased 2.2 times as fast as the cost of food, 1.6 times as fast as the cost of housing, and 1.7 times as fast as the average income.
“Understanding how much Canadians actually pay for health care, and how much that amount has increased over time, is an important first step for taxpayers to assess the value and performance of the health-care system, and whether it’s financially sustainable,” Esmail said.
Click here to read the full report: The Price of Public Health Care Insurance, 2024.
Based on the “average Canadian family income” of $176,266 but in reality, the average family income in Canada is $74,000 so we all pay much less. Really weird take. The FI is a right winged group trying to overstate how much we pay in taxes. True Conservatives, the cheaper the better.
The marginal tax rate for someone making 50K is not 43%. in NS it is 29%, they pay about 10K. On PEI they pay around 9.7K. Your analysis is flawed inane ways. In On they pay around 7.5K. So your average very off. Heck just check a free online tax calculator. Take a second.
I have been a canadian resident for 68 years, where are you getting these numbers from??????
Hello B balasiak,
You can read the entire report at https://www.fraserinstitute.org/sites/default/files/price-of-public-health-care-insurance-2024.pdf