2024 Financial Benchmarks Survey
Trends were higher than general inflation in 2023, with a lagging effect as inflation decreased.
High trends reflect higher costs for supplies and services, including dental fee guides, increased utilization, as well as many employers enhancing coverage, especially paramedical services.
Overall Health Care (Drugs and other Health Care): +8.5% up from 4.0%
The average 2023 per capita costs for each category varies significantly between organizations*
Trends for mental health practicioners’ services continue to be the highest of all paramedical services, increasing by more than 50% over 2 years
Overall Health Care (Drugs and other Health Care): $2,057
* 2023 average per capita costs.
**Although lower than the other categories, the per capita cost for other health care continues to increase.
Source: WTW 2024 Financial Benchmarks Survey, Canada
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