Provincial Health Premiums
Alberta Health Care Insurance
For 2008, the responsibility for payment of the Alberta Health Care Insurance premiums is with the resident of Alberta. Certain employers may remit the premium on behalf of employees. However, if the premium is not deducted from the employee’s pay it becomes a taxable benefit to the employee.
Current Rates (Effective until December 31, 2008)
- Single Rate: $528 per year ($44 per month)
- Family Rate: $1,056 per year ($88 per month)
Subsidies are available if the previous year’s taxable income based on the following thresholds:
| Premium Subsidy Thresholds effective April 1, 2006 | ||
| Family Category | Full Subsidy | Full Premiums* |
| Single | under $17,450 | over $20,970 |
| Family – no children | under $26,200 | over $33,240 |
| Family – with children | under $32,210 | over $39,250 |
As announced in the 2008 budget, health premiums will be eliminated January 1, 2009. Until then, there will be no changes for Albertans in the way they pay and register for publicly-funded health care.
For more information on Alberta Health Care Insurance click here.
B.C. Medical Services Plan (MSP)
Responsibility for payment of the B.C. Medical Services Plan premium lies with the resident of B.C. An employer may remit the premiums on behalf of their employees resident in B.C., but the premiums result in a taxable benefit to the employee if the premium is not deducted from the employees pay.
The 2010 premiums in B.C. are based on family size and the monthly rates are as follows:
- One person – $57 per month
- Family of Two – $102 per month
- Family of Three or More – $114 per month
Premium assistance is available to low income families. The assistance is based on income thresholds on a regular basis or temporary basis.
For more information on the B.C. premiums assistance please see the B.C. MSP site.
Ontario Health Premium
The Ontario health premiums are based on an individual’s taxable income and the premiums increase as taxable income increases. The Ontario health premiums are calculated, deducted and remitted at source by an employer.The Ontario health premiums are calculated, deducted and remitted at source by an employer.
| From | To | 2009 Tax Year and Subsequent Years |
|---|---|---|
| $0 | $20,000 | nil |
| $20,000 | $25,000 | 6% of Taxable Income |
| $25,000 | $36,000 | $300 |
| $36,000 | $38,500 | $300 + 6% of TI over $36,000 |
| $38,500 | $48,000 | $450 |
| $48,000 | $48,600 | $450 + 6% of TI over $48,000 |
| $48,600 | $72,000 | $600 |
| $72,000 | $72,600 | $600 + 6% of TI over $72,000 |
| $72,600 | $200,000 | $750 |
| $200,000 | $200,600 | $750 + 6% of TI over $200,000 |
| Over | $200,600 | $900 |
