Monthly Premium Rates
In B.C., residents pay monthly MSP rates (premiums). Although insured medical services are mostly paid for by government, these premiums help meet the costs of B.C.’s health-care system.
Effective Jan. 1, 2017
- There are no premiums for children under the age of 19.
- There are no premiums for dependent post-secondary students enrolled in full-time studies (this includes trade, technical or high schools).
- MSP premium rates will be determined by the number of adults on an MSP account (the MSP account holder and, if applicable, a spouse).
|Adjusted Net Income||One Adult||Two Adults in a Family|
|$0 - $24,000||$0.00||$0.00|
|$24,001 - $26,000||$11.00||$22.00|
|$26,001 - $28,000||$23.00||$46.00|
|$28,001 - $30,000||$35.00||$70.00|
|$30,001 - $34,000||$46.00||$92.00|
|$34,001 - $38,000||$56.00||$112.00|
|$38,001 - $42,000||$65.00||$130.00|
MSP premiums are based on your annual net income from last year as confirmed by the Canada Revenue Agency (or combined net income for you and your spouse), less deductions:
- $3,000 for a spouse;
- $3,000 for a beneficiary who is 65 years of age or older in application year;
- $3,000 for a beneficiary’s spouse if 65 years of age or older in application year;
- $3,000 for each child minus one half of the child care expenses claimed by a beneficiary and/or spouse (line 217 of income tax return);
- $3,000 for each family member who claims disability, attendant or nursing home expenses;
- The amount received by a beneficiary and/or spouse for Universal Child Care (line 117 of income tax return); and
- The amount reported for the Registered Disability Savings Plan by a beneficiary and/or spouse (line 125 of income tax return).
The amount left is called “adjusted net income.” If it is less than $42,000, your family may qualify for financial assistance.
To find out if you might qualify for Premium Assistance, use our online eligibility calculator.
As part of the proposed 2017/18 provincial budget, government announced plans to reduce MSP premiums by 50% for households with a combined net income up to $120,000, effective Jan. 1, 2018. For more information, visit B.C.’s Plan to Eliminate MSP Premiums – BC Budget 2017. This website will be updated with more detailed information as its becomes available.
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