What is MSP premium assistance?
MSP is the provincial insurance program that pays for required medical services. Other services that may be covered by MSP include supplementary benefits provided by other health care practitioners. These include acupuncture, chiropractic, massage therapy, naturopathy, physical therapy and non-surgical podiatry.
Do I have to pay MSP premiums?
Medical Services Plan (MSP) premiums were eliminated as of January 1, 2020. British Columbia (B.C.) residents are no longer charged MSP premiums. All new and returning residents are required to complete two steps for MSP enrolment: Submit an MSP Application for Enrolment to Health Insurance BC (HIBC); and.
What does MSP premium elimination mean?
MSP premiums will be eliminated as of January 1, 2020. The MSP program will remain mandatory and continue to provide provincially insured health care benefits for eligible B.C. residents. Following MSP Premium Elimination, any outstanding premium debt will continue to be collected.
Who qualifies for premium assistance?
To be eligible for the premium tax credit, your household income must be at least 100 – but no more than 400 – percent of the federal poverty line for your family size, although there are two exceptions for individuals with household income below 100 percent of the applicable federal poverty line.
How do you get a MSP refund?
Contact us if you have questions about requesting a refund.
- Toll Free: 1-877-383-0016. Monday to Friday: 8:30 am – 4:30 pm.
- Fax: 250-405-4412 or 250-405-4410.
- Mail: Revenue Services of BC. PO BOX 9085 STN PROV GOVT. VICTORIA BC V8W 9E4.
- Email: [email protected].
What does MSP cost in BC?
BC Medical Services Plan Annual Premiums 2019 and 2018
| Adjusted Net Income (individual or couple) | % of Full Premium | One Adult |
|---|---|---|
| over $30,000 up to $34,000 | 29.5% | $276 |
| over $34,000 up to $38,000 | 35.9% | $336 |
| over $38,000 up to $42,000 | 41.7% | $390 |
| over $42,000 | 100% | $450 |
How do I check my MSP account?
To check your account information, including your account balance, call 1-877-405-4909. Before calling, have your MSP account number from your invoice ready, so we can easily assist you.
What happens when you don’t pay MSP?
If you didn’t pay the Medical Service Plan (MSP) group premiums you owed in full by the due date, your account became overdue and you are charged interest on any overdue amount. Collection action will begin on overdue accounts and your group plan may be cancelled.
What happens if you don’t pay MSP?
If you didn’t pay the Medical Service Plan (MSP) group premiums you owed in full by the due date, your account became overdue and you are charged interest on any overdue amount. MSP premium debts from before January 1, 2020 remain payable.
How much is MSP monthly?
BC Medical Services Plan Annual Premiums 2019 and 2018
| Adjusted Net Income (individual or couple) | % of Full Premium | Couple |
|---|---|---|
| over $34,000 up to $38,000 | 35.9% | $672 |
| over $38,000 up to $42,000 | 41.7% | $780 |
| over $42,000 | 100% | $900 |
| Maximum monthly rate (100%) | $75.00 |
How do I cancel a MSP payment?
If your organization decides to cancel its MSP group(s), you must:
- Submit an MSP Group Plan Termination Form (HLTH 295) to HIBC with at least 90 days’ notice;
- Notify your third-party organizations and technical interface providers as appropriate;
What happens to MSP premiums after phasing out?
In place of MSP premiums, the province shifted to a new Employer Health Tax that’s tied to your payroll and will use this to fund its public health care. The phasing out of MSP also effectively put an end to regular premium assistance and temporary premium assistance.
How to apply for MSP assistance in BC?
MSP enrolment must be complete for you (and your spouse, if applicable) to qualify for Regular Premium Assistance. To complete MSP enrolment, submit the MSP Application for Enrolment form and obtain a Photo BC Services Card by visiting an Insurance Corporation of BC (ICBC) driver licensing office.
When do MSP premiums end in British Columbia?
Medical Services Plan (MSP) Premiums will be eliminated as of January 1, 2020. Applications for Regular Premium Assistance will be accepted until December 31, 2019.
Can you get a refund on MSP if you do not have a credit?
A refund cheque will only be mailed to you if there’s a credit on your account and you do not owe a monthly premium. If you do not qualify, you will continue to receive an invoice to pay your monthly premium. While your application is being processed, you may continue receiving invoices to pay full MSP premiums.
