The Canadian Institute for Health Information shows that spending on health care is starting to moderate, going back to levels of spending seen before the pandemic struck.
Across the country, health care spending is on track to reach $344 billion by the end of 2023—that’s an increase of $9 billion from the previous year.
While health care spending has grown modestly, rates are lower than what was seen when COVID hit.
Manger of Health Expenditures with CIHI, Christopher Kuchciak says increases in health care spending in NL are also lower than it was just a few years ago.
He says in 2023 spending growth rates were at 4 per cent, lower than the 9 percent during the pandemic.