Canadian Life and Health Insurance Facts -- 2019

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1 7 80% Notes of working Canadians and their families are protected by private health insurance plans, up from 73 per cent a decade ago. Cost-effective health protection 7% operating costs Extended health Reimburses a variety of expenses, such as prescription drugs, dental, hospital and medical expenses, not covered by provincial government plans. Disability Helps replace lost income due to disability (frequently integrated with Public Pension Plans, Workers' Compensation and Employment Insurance), usually paying around two- thirds of earnings. ** Source Drug Trend Report, Express Scripts Canada Accident & other Includes coverage for accidental death and dismemberment, long-term care and critical illness. * Paramedical Refers to services and professions, such as physiotherapy, that supplement and support medical treatment Canadians access health insurance in two ways, through group plans provided by employers, unions or professional associations, and individual plans that are purchased by individual consumers. How health insurance is purchased $ 46.3B 2018 health premiums Individual: 10% Group: 90% 3% taxes 3% profits 87% paid out to policy holders as benefits Ninety per cent of premiums are paid to purchase group plans Insurers put almost 90 per cent of health premiums to work, providing benefits to policy holders. (5-year average) Contents View provincial data View historical data

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