Trends and Directions in Canadian Health Care and Disability
2022 Financial Benchmarks Survey
January 12, 2023
This survey provides plan sponsors with key benchmarking data on drug, other health and dental costs and trends, and long-term disability premiums and trends.
Health and Benefits|Benessere integrato
N/A
Cost volatility makes it difficult to manage benefits programs
Cost trends increased in 2021 for most organizations
Drugs: +3.4% similar to prior year
Other health care: +15.7% up from -15.4%
Dental: +25.9% up from -19.3%
LTD: +9.6% up from +2.3%
Overall health (Drugs and other health care): +7.9% up from -4.5%
2021 costs for active employees vary between organizations*
Drugs: $1,118
Other health care**: $699
Dental: $1,018
LTD: $1,112
Overall health (Drugs and other health care): $1,817
* 2021 average per capita costs.
** Although lower than the other categories, the per capita cost for other health care continues to increase.