16
Canadian Life & Health Insurance Facts // 2022 Edition
Insurers protect nearly 70 per cent of
Canadians against health care costs
In 2021, Canada's life and health insurers paid $30.4 billion
in supplementary health care benefits. They also reimbursed
claims for $8.8 billion in disability benefits.
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.
*Express Scripts. 2022
Prescription Drug Trend
Report.
$
40.8B
$
13.4B
Drugs
$
7.2B
Long-term
disability
$
1.6B
Accident
& other
$
9.5B
Dental
$
1.3B
Vision
$
1.1B
Massage
$
1.6B
Hospital
$
0.7B
Physiotherapy
$
0.6B
Mental
health
$
1.6B
Short-term
disability
2021 health
benefits
$
0.7B
Chiropractic
$
0.4B
Travel
$
1.1B
Other
paramedical
2021 health benefits by coverage type
Supplementary health
$
30.4 billion 27 million
12 million
20 million
$
8.8 billion
$
1.6 billion
Paid in
benefits
Canadians
covered
Disability
Accident & other
