Effective Jan. 1, 2017
- There are no premiums for children under the age of 19.
- 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 |
$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 |
Over $42,000 | $75.00 | $150.00 |
When determining premium rates, B.C. residents may claim allowable MSP deductions to their net income to determine their adjusted net income. Individuals may claim $3,000 for every person on their MSP account that is age 65 or older this year, and $3,000 for each minor or dependent post-secondary student on their account. In addition, if you claimed a disability on your tax return for yourself, your spouse or your minor or dependent post-secondary student included on your MSP account, you may claim $3,000 for each disabled person. To determine if you qualify for deductions, please refer to the Application for Regular Premium Assistance Form for more information.
Please visit gov.bc.ca for the most updated information about MSP.