A new report by researchers at the Institute for Clinical Evaluative Sciences released yesterday provides an eye-opening look at how our healthcare dollars are being spent in this province.
This is an in-depth look at our healthcare spending at the level of each individual in the province. Researchers tracked every hospital admission, physician visit, home care visit, lab test, and drug prescription for 14.9 million Ontarians between 2009 and 2011.
They accounted for $30 billion, or 75 cents out of every healthcare dollar spent in this province, and found that 43 per cent goes to hospital care, 27 per cent to doctors, 15 per cent to drugs and lab tests, and 15 per cent to long-term care.
As it turns out, “high-cost users” consume a disproportionate amount of these resources. Ten percent of the population accounted for 77 per cent of spending and 1 per cent accounted for 33 per cent of spending. Each person in that top 1 per cent consumed almost $45,000 a year, compared to a maximum of only $333 a year for each person in the lower 50 per cent cost bracket of the population.