Health-Care Costs for Typical Canadian Family Will Reach Almost $18,000 This Year: Study

Published on August 24, 2024

An average family of four will pay nearly $18,000 for health care services this year, according to a new study. The Price of Public Health Care Insurance, 2024 by the Fraser Institute said health-care expenses will cost families an estimated $17,713 in 2024. “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 study. Taxes collected by the federal government pay for the public health-care system in Canada so residents are often not aware of health care costs, an Aug. 24 Fraser Insitute news release said....