Tax Rates/Credits -> BC Tax -> BC Medical Services Plan (MSP) -> BC MSP Rates 2014
BC MSP Rates 2014
The MSP rates increase by 4.1% effective January 2014. Rates are based on adjusted net income. Premium assistance will also be enhanced effective January 1, 2014, to ensure those receiving assistance will not be affected by the increase. The rates for 2014 for those paying less than the full premium are unchanged from the 2012 and 2013 rates.
BC Medical Services Plan Annual Premiums
|
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| 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 | 18.5% | $153.60 | $278.40 | $307.20 |
| over $24,000 up to $26,000 | 37.0% | 307.20 | 556.80 | 614.40 |
| over $26,000 up to $28,000 | 55.5% | 460.80 | 835.20 | 921.60 |
| over $28,000 up to $30,000 | 73.9% | 614.40 | 1,113.60 | 1,228.80 |
| over $30,000 | 100% | $831 | $1,506 | $1,662 |
| Monthly rate (100%) | $69.25 | $125.50 | $138.50 | |
| Increase from prior year | 4.1% | 4.1% | 4.1% | |
BC Medical Services Plan Monthly Premiums
|
|||
| Adjusted
Net Income (individual or couple) |
One Person |
Family of 2 |
Family of 3 or More |
| first $22,000 | no premium | no premium | no premium |
| over $22,000 up to $24,000 | $12.80 | $23.20 | $25.60 |
| over $24,000 up to $26,000 | 25.60 | 46.40 | 51.20 |
| over $26,000 up to $28,000 | 38.40 | 69.60 | 76.80 |
| over $28,000 up to $30,000 | 51.20 | 92.80 | 102.40 |
| over $30,000 | 69.25 | 125.50 | 138.50 |
Revised: October 26, 2023