Media Clipping — Thursday July.17th, 2008, Calgary Sun
Report says more paying for private health care
A report released today says Canadians are spending more out of their own pockets on health care than they were 25 years ago, increasing the risk for financial crisis during illness.
The new report prepared for GPI Atlantic, a N.S. think tank, says Canadians spent $452 per capita on health care in 2007, compared to $222 in 1981, in real terms.
The report studied risks faced by Canadians when they are sick, elderly, unemployed or single parents, with a focus on how N.S. rates.
Last year Canadians spent a total of $16.5 billion for private health-care costs, including drugs, dental and eye care.
People in P.E.I and B.C. spent the biggest percentage of their disposable income on private health care costs
This study examines trends in economic security in Nova Scotia and nationwide from 1981 to 2007, by means of an Index of Economic Security that is based on the risks faced by Nova Scotians when they are sick, elderly, unemployed, or single parents. The report also examines the level of economic security provided by Nova Scotia’s social safety net—including minimum wage and social assistance levels, and child benefits. In order to assess the adequacy of the minimum wage, the authors calculate the number of hours at minimum wage that have to be worked to reach the low-income cut-off line.