The forecasted out-of-pocket health expenditures in Canada show a steady year-on-year increase: 1.77% in 2025, 1.70% in 2026, 1.65% in 2027, and 1.59% in 2028. Over the last five years (2024-2028), the Compound Annual Growth Rate (CAGR) is approximately 1.68%.
Future trends to watch for include the potential impact of technological advancements in healthcare, demographic changes such as an aging population, and possible reforms in healthcare policy which could alter out-of-pocket expenses. Additionally, inflation and economic factors may also influence future projections.
