CIHI anticipates Canadians will spend $331-billion, or $8,563 per person, on health care through the public and private sectors in 2022
Health care spending is levelling off in Canada, after surging in the first two years of the COVID-19 pandemic, according to new figures from the Canadian Institute for Health Information .
But even though it’s now slowing, health care spending is not returning to pre-pandemic levels, said Chris Kuchciak, manager of health expenditures at CIHI.“What we’re seeing is spending continuing to increase,” he said, explaining that while COVID-19 expenses are retreating, “things like the use of health care, population aging, population growth, these are all now coming forward as those strong drivers that are taking over spending.
Most of the money continues to go toward hospitals, physicians and drugs, which have long been the top categories for spending. In 2022, hospitals will account for 24.3 per cent of all health care spending, while physicians and drugs are each expected to account for 13.6 per cent, CIHI data show. When it comes to spending on drugs, Mr. Kuchciak said he sees a continuation of pre-pandemic trends. As the patents for brand name drugs expire, they’re replaced with cheaper generic drugs, which has a dampening effect on the growth in spending, he said. However, that is offset by the introduction of high-cost new drugs, such as biologic drugs made from living organisms or cells, used to treat a variety of conditions, including diabetes, hormone deficiency and rheumatoid arthritis.
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