Health insurance
Insurers protect nearly 70 per cent of Canadians
against health care costs
In 2022, Canada's life and health insurers paid out $43.9 billion in total health
benefits. This is up 7.7 per cent over the previous year. This includes $32.5 billion
on benefits for things like drugs, dental and other paramedical services.
2022 health insurance benefits by coverage type
Supplementary health
$32.5 billion
27 million individuals
Disability
$9.4 billion
12 million individuals
Accident & other
$2 billion
20 million individuals
$
14.3B
Drugs
$
7.7B
Long-term
disability
$
2B
Accident
& other
$
10B
Dental
$
1.3B
Vision
$
1.1B
Massage
$
1.7B
Hospital
$
0.8B
Physiotherapy
$
0.7B
Chiropractic
$
1.7B
Short-term
disability
$
0.7B
Travel
$
0.6B
Mental
health
$
43.9B
2022 health
benefits
$
1.3B
Other
paramedical
Canadian Life & Health Insurance Facts // 2023 Edition
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