Quote:
Originally Posted by opendoor
It really hasn't, unless you're speaking only in nominal terms (which is useless given that inflation exists). 10 years ago total health care costs were about 10.6% of GDP in Canada, whereas now they're about 11%. So a very minor 3-4% increase in the face of a quickly aging population and the continuing fallout from COVID.
Whereas in that same time period places like Germany, Switzerland, the UK, New Zealand, etc. increased their health spending as a % of GDP by ~15% in response to their aging populations.
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