Cost of Canada’s Socialized Medicine Program Is Skyrocketing

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Canadians pay for healthcare through taxes instead of medical bills. The cost of Canada’s health care rose by 70% over the past 20 years.  A typical family of four will pay $12,057 for health-care in 2017.  Services are rationed, and the average wait time for treatment is 20 weeks. 63,000 Canadians left the country in 2016 to seek medical assistance elsewhere (usually in the US). [Centralized, bureaucratic systems always are expensive and wasteful because there is no incentive for efficiency or quality service. Only the free market without political intervention can do that.] –GEG

“Free” Canadian healthcare is not free, according to a report released Tuesday by noted conservative Canadian think-tank, The Fraser Institute.

The report illuminates that a “typical Canadian family of four will pay $12,057 for health care in 2017—an increase of nearly 70 percent over the last 20 years.”

Canada operates under a medicare system that is understood as single-payer. Not only does the federal government use money from its general revenue to finance this taxpayer-funded health care system, individual provinces also contribute by raising money through special levies that are deducted when Canadians pay their income tax.

Former Democratic presidential nominee Hillary Clinton spoke repeatedly of her admiration for Canadian medicare, and Congressional Democrats could be moving in that direction in their response to the implosion of Obamacare.

“Health care in Canada isn’t free—Canadians actually pay a substantial amount for health care through their taxes, even if they don’t pay directly for medical services,” said Bacchus Barua, senior economist with the Fraser Institute’s Centre for Health Policy Studies, in a statement. He is the co-author of the institute’s report: The Price of Public Health Care Insurance, 2017.

For all those tax dollars, there is still a long waiting list for a host of operations, both routine and urgent. Another Fraser Institute study recently revealed that 63,000 Canadians left the country in 2016 to seek medical assistance elsewhere — usually the U.S.

Read full article here…

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Cost of Canada’s Socialized Medicine Program Is Skyrocketing – Missouri Free Press

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