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BC MSP Rates 2018

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Tax Rates/Credits -> BC Tax -> BC Medical Services Plan (MSP) -> BC MSP Rates 2018

BC MSP Rates January 1 to December 31, 2018

As per a the BC 2017 Budget, the premium rates for those with adjusted family net income of $120,000 and less will be reduced by 50%, and the threshold for elimination of premiums is increased from $24,000 to $26,000.  Rates are based on adjusted net income.  However, those who are not already on premium assistance, and are eligible for the reduced rates, will have to apply for premium assistance in order to get the 50% reduction.

You must apply to get the premium assistance - this is not done automatically based on the income reported on your tax return.  Unfortunately, this is not well known, and many people are not getting the premium assistance they need.  $3,000 is deducted from income for each senior to arrive at adjusted net income.  There are also deductions for disabilities, children, and UCCB income.  For those who are enrolled in an MSP group plan as an employee or pensioner, application for the premium reduction must be done through the group plan administrator.  Where the employer pays the premiums, this is a taxable benefit to employees, so it is still important to apply for the reduction, to reduce your taxable benefit.  If you have friends, relatives or neighbours who you think may be eligible for premium assistance, please let them know that they have to apply for it.

BC Medical Services Plan Annual Premiums
Effective January 1, 2018

Adjusted Net Income (individual or couple) % of
Full Premium
first $26,000 0% no premium no premium
over $26,000 up to $28,000 15.3% $138 $276
over $28,000 up to $30,000 23.3% $210 $420
over $30,000 up to $34,000 30.7% $276 $552
over $34,000 up to $38,000 37.3% $336 $672
over $38,000 up to $42,000 43.3% $390 $780
over $42,000 up to $120,000 50.0% $450 $900
over $120,000 100% 900 1,800
Maximum monthly rate (100%) $75 $150
Increase from prior year 0% 0%


BC Medical Services Plan Monthly Premiums
Effective January 1, 2018

Adjusted Family Net Income One
first $26,000 no premium no premium
over $26,000 up to $28,000 $11.50 $23
over $28,000 up to $30,000 17.50 35
over $30,000 up to $34,000 23.00 46
over $34,000 up to $38,000 28.00 56
over $38,000 up to $42,000 32.50 65
over $42,000 up to $120,000 37.50 75
over $120,000 75.00 150

Revised: February 21, 2017

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