TaxTips.ca - BC medical services plan (MSP) rates 2012

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Tax Rates/Credits -> BC Tax -> BC Medical Services Plan (MSP) -> BC MSP Rates 2012

MSP rates January 1 to December 31, 2012

The MSP rates will increase by approximately 6% effective January 2012, to the following rates, based on adjusted net income.

BC Medical Services Plan Annual Premiums Effective January 1, 2012
Adjusted Net Income (individual or couple)	% of Full Premium	One Person	Family of 2	Family of 3 or More
first $22,000	0%	no premium	no premium	no premium
over $22,000 up to $24,000	20%	$153.60	$278.40	$307.20
over $24,000 up to $26,000	40%	307.20	556.80	614.40
over $26,000 up to $28,000	60%	460.80	835.20	921.60
over $28,000 up to $30,000	80%	614.40	1,113.60	1,228.80
over $30,000	100%	768.00	1,392.00	1,536.00

Monthly rate (100%)		$64	$116	$128
Increase from prior year		5.8%	6.4%	5.8%

Monthly MSP premium rates can be found on the BC Ministry of Health website.

Revised: February 21, 2012

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