Many countries use Canada and Sweden as an example so that their country can get a government controlled healthcare system also known as “Medicare for all” but when you really think about it, is health care really free in Canada?
We will let you decide that by breaking down the numbers and the cost to taxpayers in Canada, so you get an idea of how the health care system work in Canada and the total cost to the individual taxpayer.
The Fraser Institute puts a dollar figure on how much of our money actually goes towards health care.
here is the cost of health care in Canada According to Fraser Institute data:
- A typical Canadian family of four, with a household income of $138,008, can expect $12,935 of their paid taxes (around $55,000 a year) to go towards health care.
- A single Canadian adult, with an income of $44,348, can expect $4,640 of his or her paid taxes (around $19,800 a year) to go towards health care.
The Fraser Institute considered multiple taxes in their calculations, including property taxes, Canada Pension Plan and Employment Insurance premiums, and motor vehicle license fees.
The health care portion of taxes paid per family was also considered to be in proportion to the tax revenues used by the government for health care.
Many Canadians don’t realize that they are actually paying for Healthcare through the tax system we are being taxed for almost everything so that goes toward covering the cost of healthcare however it is still much cheaper than the American system,
How much do Canadians pay for healthcare?
The 10% of Canadian families who earn an average income of $60,850 will pay an average of $5,516 for public health care insurance, and the families among the top 10% of income earners in Canada will pay $37,361. Health care in Canada is not “free.”