Canadian Life and Health Insurance Facts - 2021

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16 Canadian Life & Health Insurance Facts // 2021 Edition $ 0.4B Psychology $ 0.9B Other paramedical $ 1.8B Hospital $ 0.9B Travel Benefits by coverage type 36.6B health benefits Cost-effective health protection The majority of health insurance premiums are paid out as benefits to policyholders. 87% paid out to policyholders as benefits 7% operating costs 3% taxes 3% profits Helping patients with access to rare disease drugs In 2020 insurers paid out more than $650 million in coverage for rare disease drugs to over 13,000 Canadians. From 2012 to 2019, expenditures on rare disease drugs have grown by 32 per cent — more than six times the rate for all prescription medicines.* Supplementary health: 73% Disability: 23% Other: 4% Notes Supplementary health reimburses a variety of expenses, such as prescription drugs, dental, hospital and medical expenses, that are 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. Accident & other includes coverage for accidental death and dismemberment, long-term care and critical illness. * Data collected from CLHIA member companies. The list of drugs used is based on the Patented Medicine Prices Review Board's list of rare disease drugs and additional drugs that have launched since 2018 Patented Medicine Review Board, Annual Report 2019 (5-year average)

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