Saskatchewan – Canadian Provincial Healthcare Expenditure Analyses – How Bad Is It, Really?

Charticle, Healthcare, Frontier Centre

 

Healthcare Expenditure

  • Over the past ten years, Saskatchewan’s healthcare expenditure has outpaced the growth rate of the Canadian Consumer Price Index (CPI) threefold
  • More specifically, Saskatchewan has increased its healthcare spending by 39.4% between 2011 and 2021
  • A 19.5% increase between 2013 and 2016 was followed by a relatively stable 1-2% the following two years
  • However, COVID-19 increased spending to 43.6% of total provincial revenue by the end of 2021
  • This trend will continue to increase in correlation to an aging population and new viral variants, predicting a model that will eventually become unsustainable

Population Data

  • Saskatchewan’s population has increased by 18% over the last 20 years
  • The median age has also increased during that time by 4.7%, from 36.4 years in 2001 to 38.1 years in 2021
  • The largest increase has occurred within the 60+ range, by more than 89%
  • An increase in the quantity and age of the population will directly provoke a rise in healthcare expenditure, requiring a perpetually greater portion of provincial revenue
  • Will the citizens of Saskatchewan be able to sustain it?

Source: 2010-2021 Saskatchewan Public Accounts

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