In a just released study, the Fraser Institute claims the cost of health care has increased over the last decade by more than 53 percent which is 1 and a half times faster than average income, 1.3 times faster than the cost of housing and more than 3 times as fast as the cost of food.
According to its study, the 10 per cent of families with an average income of almost 58 thousand dollars will pay over 55 hundred dollars this year for their health care.
If you’re single, earning 42 thousand dollars a year, you will pay more than 43 hundred dollars in taxes for your health care.
A family of 4 with an income of 118 thousand dollars will pay more than 11 thousand dollars a year in tax for health care.
