Slight dip in health-care plan increases

Generic drugs help, but aging workforce will push costs up
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 04/17/2008

Canadian private health-care plans will continue to face double-digit cost increases in 2008, according to a nationwide survey of insurers and Blue Cross agencies by HR consulting firm Buck Consultants.

But the overall health-care trend (including prescription drugs, medical plans, hospital coverage and dental care) should decrease slightly to 13.76 per cent for 2008 from 13.94 per cent in 2007, according to the eighth annual

Canadian Health-Care Trend Survey.