Quote:
Originally Posted by jtown,man
Employers pay zero for healthcare in the form of taxes?
|
Not exactly.
First thing is to say, there is no Canadian Health Care System. There are 13 provincial and territorial systems which all comply w/the Federal Canada Health Act.
But each system has slight variations in coverage and in the way it is financed.
For general purposes.
Canada's single-payer healthcare system covers family doctors and almost all hospital based coverage. That is the federal requirement.
While prescription drug (outside of hospitals) do not have to be covered, most provinces cover all or a significant portion of drugs for seniors, those on social assistance and/or disability pensions.
Some provinces cover more (such as outpatient cancer drugs, or experimental/expensive drugs etc.).
Some provinces also have low-income dental coverage.
***
That said, many employers in Canada offer 'supplemental' private insurance which may pay for prescriptions/dental/vision/medical devices (hearing aids etc.) as well as non-hospital based physio and the like.
This is entirely optional, and typically inexpensive relative to comprehensive American health insurance.
***
Most of the costs of our 'systems' are financed through general tax revenue income/sales/corporate, as opposed to a payroll tax.
However, some provinces do have partial payroll tax.
Ontario as an example charges 1.95% of payroll greater than $400,000
That still amounts all-in to a tiny fraction of what U.S. employers fork out for private health insurance.
The tax portion in ON, for instance, would be $1,950 on a $100,000 pay pkg.