The report points out a fact most of us don’t know, but which should be obvious to us all: the federal government heavily subsidizes the private health insurance industry.

How so? Through the non-taxation of employer contributions to private employee health plans. The annual figure for that generous tax break for a profitable industry is $5 billion.

“Before asking how we can afford pharmacare, ask how every year we afford a $5 billion public subsidy for private insurance plans available to only some?”

  • cheeseburger@piefed.ca
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    9 days ago

    No slashing is going on. The programs have built-in expiry dates, some this year, some next year, and one doesn’t even have an expiry. The programs can be extended or not, but no one has said what will happen either way. This is said in the article; it is a sensationalist headline and article.