The public health insurance coverage in Canada is forecasted to grow steadily from 2024 to 2028. In 2023, actual coverage stood at an estimated 39.4 million persons. Starting from a forecast of 39.8 million in 2024, coverage is expected to increase annually by about 1.1% to 1.4%, reaching approximately 41.53 million by 2028. The compound annual growth rate (CAGR) for this period is projected to be around 1.1%, indicating a consistent rise in the insured population.

Future trends to watch for include:

Potential policy changes in national health care impacting coverage.
Demographic shifts, such as aging populations, affecting insurance needs.
Technological advancements enabling wider access and efficiency in healthcare services.