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Canada’s Health Spending Continues to Grow , Expected to Reach $264 Billion in 2019

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Figures released by the Canadian Institute for Health Information (CIHI) show that the country’s health spending continues to grow and is expected to reach $264 billion in 2019 — a 4% increase over last year. National Health Expenditure Trends, 1975 to 2019 shows that Canada continues to make investments in health care. While expenditures vary across the country, health spending is expected to reach $7,068 per Canadian — up from $6,867 in 2018.

Private-sector Reference health care spending has remained relatively consistent over the past 2 decades, funding around 30% of Canada’s total health expenditures. Drugs and Other Professionals (such as Dental Services and Vision Care Services) are the top categories of private-sector spending in Canada, accounting for 66% of private-sector spending, compared with 10% of total public-sector spending. In 2017, the latest year for which private-sector data is available, payments by private insurance companies accounted for 41% of private-sector spending, while out-of-pocket expenditures represented 49%.

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