Health-care costs will rise significantly as population ages, says new report
- A new report projects that health-care costs will significantly rise as the population ages, with seniors making up 22 percent of Canadians by 2040.
- Currently, each person aged 65 and older costs about $12,000 annually, while individuals younger than 65 cost $2,700.
- Seniors represent about 18 percent of Canada's population but account for about 45 percent of health-care spending by governments.
45 Articles
45 Articles
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Health-Care Costs Will Rise Significantly as Population Ages, Says New Report
A new report says Canada needs to rethink its approach to health care to help manage rising costs as people age. CSA Group, an organization that helps policymakers develop standards around health and safety, says health care currently costs about $12,000 per year for each person 65 years and older, compared to $2,700 for each person younger than 65. Today’s report says seniors make up about 18 percent of Canada’s population but account for about…
Winnipeg Free Press
Health-care costs will rise significantly as population ages, says new report
Breaking News, Sports, Manitoba, Canada
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