Healthcare spending in Canada has not quite returned to pre-pandemic levels but growth in spending has slowed in 2022, says CIHI.
Through the pandemic, health spending increased, but now, that spending has relaxed somewhat, according to Kuchiak. Health-care spending in Saskatchewan is up an anticipated 1.4 per cent in 2022 which is also ahead of the national average projection of 0.8 per cent.
Kuchiak said the three biggest areas of cost for health care are “hospital services, payments for physician services, and your drugs.” Using the analogy of a horse race, Kuchiak said in the last two years, the pandemic was “way out in front” driving health-care costs and growth but it has now “pulled back into the pack.”“We have deferred care that didn’t happen during the pandemic coming back.
“Things like dental services or vision care services, we saw an actual decline in spending in 2020,” he said, but that use is coming back.“COVID is still out there, we don’t know what direction will take here with variants in all kinds of things,” said Kuchiak.— which also impacts health-care funding. During the economic downturn in the mid-’90s or post-2008 financial crisis, there was a decrease in health-care spending and growth.
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