To sustain increased spending on health care, the provincial government is raising MSP premium rates by 4% effective January 2015.
Rates for Regular Premium Assistance will remain the same.
The following table outlines the new rates depending on your previous tax year’s adjusted net income and the number of people in your family:
MONTHLY RATES EFFECTIVE JANUARY 1, 2015
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Adjusted net income | Subsidy code | 1 Person | Family of 2 | Family of 3 or more |
$0-$22,000 | A | $0 | $0 | $0 |
22,000-24,000 | B | 12.80 | 23.20 | 25.60 |
24,001-26,000 | F | 25.60 | 46.40 | 51.20 |
26,001-28,000 | G | 38.40 | 69.60 | 76.80 |
28,001-30,000 | E | 51.20 | 92.80 | 102.40 |
Over 30,000 | C | 72.00 | 130.50 | 144.00 |