47.2 percent of the estimated $16 inhisimagefamilymedicine.com .0 billion allocated to prescribed medications in Canada was financed by the public sector in 2003 A fresh report released today by the Canadian Institute for Health Information demonstrates 47.2 percent of the estimated $16.0 billion allocated to prescribed drugs in Canada was financed by the general public sector in 2003. Five years back, in 1998, the public sector share of prescribed drugs was 42.5 percent.6 billion in 2003, an increase of 8.1 percent over the prior year. In 2001, medication spending reached $16.7 billion, and increased to reach an anticipated $18.1 billion in 2002, a rise of 8.8 percent. It was forecast that in 2003 prescribed drugs would represent 81.6 percent of most medication spending in Canada.
Census record found that even more people were included in government health insurance applications – – raising from 27 % in 2006 to 27.8 % in 2007. During this time period, the amount of people covered by government health insurance increased to 83 million up from 80.3 million in 2006. At the same time, the %age of individuals covered by employer-sponsored medical health insurance insurance decreased to 59.3 % in 2007 from 59.7 % in 2006. These true numbers usually do not reflect the downturn of the economy in 2008. Nearly 46 million Americans have no coverage of health and remain susceptible to monetary disaster if a serious illness or accident strikes, said Adrienne Hahn, Senior Attorney/Program Manager for Customers Union.