Waiting for treatment and surgery cost Canadians almost $1.2 billion last year according to a new think tank report.
The Fraser Institute study “The Private Cost of Public Queues For Medically Necessary Care” calculates the average personal cost of time lost during the work week for each of the estimated 894,000 patients waiting for treatment.
It found it cost each patient just over $1300 in lost time on average.
The study’s author says it’s not just the physical and psychological pain and suffering endured while waiting for medically necessary treatment-it’s also lost time, either in lost income and
lower productivity, or less time with family and friends.
Average value of time lost in 2015 per patient by province:
British Columbia: $1,713
New Brunswick: $2,029
Nova Scotia: $1,462
Prince Edward Island: $1,379
Newfoundland and Labrador: $2,517