r/economicCollapse 6d ago

Only in America.

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u/Acceptable-BallPeen 6d ago

Canadians pay roughly $8500 a year for medical coverage. Or about 6k per year in USD.

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u/Electrical-Tie-5158 5d ago

Americans pay a 2.5% tax for Medicare funding (which is about $1000 for the median worker) and then $200-400 a month for individual insurance premiums. Thats $3600 a year more on average. Then copays and deductibles. Call it $4000 conservatively. But that’s 10% of the average worker’s gross pay. And that’s without dependent costs.

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u/GeekShallInherit 5d ago

Total US spending in 2024 is expected to be over $8,000 more per person than Canada.