To reach their estimates on the cost of health care, the reportâs authors broke down the total cost of the Canadian health care system in 2014. According to Statistics Canada, Canadians spent a total of $141 billion on health care that year.The authors divided that number by the Canadian population, concluding that, on average, each Canadian contributes $3,961 for health care each year.o reach their estimates on the cost of health care, the reportâs authors broke down the total cost of the Canadian health care system in 2014. According to Statistics Canada, Canadians spent a total of $141 billion on health care that year.
10 Things to Consider When Buying Term Life Insurance. 1. Talk about life insurance with your family. No one likes to think about the loss of a family member and the consequences of losing your income, but your loved ones can often point out needs you might have missed.
Life Insurance: An Introduction. Print. When you buy life insurance, you enter into a contract with an insurance company that promises to provide your beneficiaries with a certain amount of money upon your death. In return, you make periodic payments, called premiums. The premium amount is based on factors such as your age, gender, medical history, and the dollar amount of life insurance you purchase. In the event of your passing, life insurance provides money directly to your beneficiaries. They can use the money for: 1  Making up for your lost income.