Economic burden of illness in Canada

Economic burden of illness in Canada: How much does it cost to sick?

The estimated economic burden of illness in Canada amounted to $192.8 billion in 2008. It increased by 14 percent from 2005. This is the latest available data provided by the Public Health Agency of Canada. Every few years it issues a study “The economic burden of illness in Canada” (EBIC). So where was the money going in 2010? One could think that the largest amount of money was distributed to patients older than 75 years. But it was not quite the case. Only 18 percent of totals costs were spent on this group, mostly on hospital care. Another third was distributed to middle-aged patients (from 35 to 54 years). The largest part of funds was spent on drugs and physician care. If we look at gender distribution, then total costs were higher for females compared to males. The latter required more spending on hospital care and morbidity, and less – on drugs. The previous EBIC reports were published in 1998, 1993 and 1986.

Advertisements

My finances app that really help your financial situation

My finances app

Just starting to earn and concerned as to how you are going to manage your finances or maybe you are just looking to be more responsible with your money?. Proper financial management can be the difference between lifetime financial security and abject poverty. It is therefore vital that you should get a My finances app that will help you manage your finances better. My Finances app should be able to track your expenses over a given period of time. This way it will help you cut down on expenses that you do not need, as well help you save your your money for the future. It should periodically calculate your credit score and how much loan you qualify for. If it can help you to get a short term loan in the various financial institutions then that is even better. It should track your spending and alert you when you are about to exceed your spending limit, which will go a long way in improving your financial position for the better.