Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

Costs Rise At Private Canadian Health Plans

X
Your article was successfully shared with the contacts you provided.

Canadian employers are facing double-digit increases in health care costs.

Although Canada has a universal health care system, a somewhat younger population than the United States, and a stronger currency, 2008 increases for packages of health coverage and prescription drug coverage are averaging about 13% to 14%, according to consultants in the Toronto office of Buck Consultants.

Dental care cost increases are ranging from 7% to 11%, the consultants estimate.

The consultants have based their estimates on survey responses from 10 major Canadian group insurers.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.