The Price of Public Health Care Insurance, 2022

Summary

• 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 2022, preliminary estimates suggest the average payment for public health care insur­ance ranges from $4,907 to $15,917 for six com­mon Canadian family types, depending on the type of family.
• Between 1997 and 2022, the cost of public health care insurance for the average Canadian family increased 3.9 times as fast as the cost of clothing, 2.2 times as fast as the cost of food, 1.8 times as fast as the cost of shelter, and 1.8 times as fast as the average income.
• The 10 percent of Canadian families with the lowest incomes will pay an average of about $690 for public health care insurance in 2022. The 10 percent of Canadian families who earn an average income of $76,704 will pay an aver­age of $7,374 for public health care insurance, and the families among the top 10 percent of income earners in Canada will pay $41,914.