Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

BC MSP Rates 2012 TaxTips.ca
Canadian Tax and
Financial Information
TaxTips.ca Home

What's New

Links & Resources

Site Map / Navigation

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!
Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Financial Freedom
Financial Planning
Registered Accounts
Real Estate
Investing
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Prov/Terr Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources
Tax Rates/Credits   ->   BC Tax   ->   BC Medical Services Plan (MSP)  -> BC MSP Rates 2012

BC MSP Rates 2012

The MSP rates were increased by approximately 6% effective January 2012, to the following rates, based on adjusted net income.

BC Medical Services Plan Annual Premiums
2012

Adjusted Net Income
(individual or couple)
% of
Full Premium
One
Person
Family
of 2
Family of
3 or More
first $22,000 0% no premium no premium no premium
over $22,000 up to $24,000 20% $153.60 $278.40 $307.20
over $24,000 up to $26,000 40% 307.20 556.80 614.40
over $26,000 up to $28,000 60% 460.80 835.20 921.60
over $28,000 up to $30,000 80% 614.40 1,113.60 1,228.80
over $30,000 100% 768.00 1,392.00 1,536.00
 
Monthly rate (100%) $64 $116 $128
Increase from prior year 5.8% 6.4% 5.8%

 

BC Medical Services Plan Monthly Premiums
2012

Adjusted Net Income
(individual or couple)
One
Person
Family
of 2
Family of
3 or More
first $22,000 no premium no premium no premium
over $22,000 up to $24,000 $12.80 $23.20 $25.60
over $24,000 up to $26,000 25.60 46.40 51.20
over $26,000 up to $28,000 38.40 69.60 76.80
over $28,000 up to $30,000 51.20 92.80 102.40
over $30,000 64.99 116.00 128.00

Monthly MSP premium rates can be found on the BC Ministry of Health website.

Revised: October 26, 2023

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.