this post was submitted on 27 Aug 2024
61 points (98.4% liked)

Alberta

659 readers
65 users here now

Provincial Localities

Other Provincial Communities:

Links:

Images:

- Flag (banner) and Shield (icon)

founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 12 points 2 months ago* (last edited 2 months ago)

In Canada, we spend about $8k on healthcare each year per person. This is mostly taxes, but also partly co-pays and private employer insurance.

America spends about $14k per person.

In both the USA and Canada, about 28% of government spending goes to healthcare. In the US that means about ~6k in total government budget from your tax dollars is spent on healthcare, while in Canada it's about ~7K.

The difference is that the average american also pays an additional $8K in their own after-tax dollars from their pockets in insurance and direct-billing for services.

And for the privilege of paying nearly twice as much, the Americans have a life expectancy of 6 years less than Canadians (76.3 vs 82.6)