Tax Rates/Credits -> BC Tax -> BC Medical Services Plan (MSP) -> BC MSP Rates 2015
BC MSP Rates 2015
The MSP rates increase by approximately 4% effective January 2015. Rates are based on adjusted net income. Premium assistance will also be enhanced effective January 1, 2015, to ensure those receiving assistance will not be affected by the increase. The rates for 2015 for those paying less than the full premium are unchanged from the 2012 rates. However, those who were able to increase their adjusted net income very slightly to over $28,000, so that they now pay the full rate, have a 41% increase in annual premium in 2015.
BC Medical Services Plan Annual Premiums
|
||||
| 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 | 17.8% | $153.60 | $278.40 | $307.20 |
| over $24,000 up to $26,000 | 35.6% | 307.20 | 556.80 | 614.40 |
| over $26,000 up to $28,000 | 53.3% | 460.80 | 835.20 | 921.60 |
| over $28,000 up to $30,000 | 71.1% | 614.40 | 1,113.60 | 1,228.80 |
| over $30,000 | 100% | $864 | $1,566 | $1,728 |
| Monthly rate (100%) | $72.00 | $130.50 | $144.00 | |
| Increase from prior year | 3.97% | 3.98% | 3.97% | |
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 | 72.00 | 130.50 | 144.00 |
Revised: December 29, 2020