British Columbia Medical Services Plan Premium Increase Notice
To: Compensation Managers, Heads of Human Resources, Participating Separate employers
The purpose of this notice is to inform you of the British Columbia Medical Services Plan (B.C. Med) monthly premiums increase in accordance with the following table. Under British Columbia's Medical Protection Act, premiums are required on or before the last day of the month proceeding the period for which the beneficiary is enrolled. As a result, pay system changes will be required to withhold and remit these new premium amounts in December 2010 for coverage
|Where an Employee/Pensioner's Adjusted Net Income Exceeds $30,000|
|Employee $$||Employer $$||Total Premium $$|
|Employee and one dependant||$51.00||$54.50||$51.00||$54.50||$102.00||$109.00|
|Employee and more than one dependant||$57.00||$60.50||$57.00||$60.50||$114.00||$121.00|
Premium assistance exists for residents whose net income (or a couple's net income) is below $30,000 for the preceding tax year, adjusted for: age, family size and disability. If eligible for the reduced rates, the resident will pay the reduced premium directly to the provincial health plan. At the end of the year, these employees and pensioners may apply for the appropriate employer contribution.
For your information the income ranges have also been adjusted effective January 2011. Five levels of assistance, based on adjusted net income for the previous year, are available.
|Adjusted Net Income||One Person||Family of Two||Family of Three Or More|
|$ 0 - $22,000||100% Premium Assistance||$0.00||$0.00||$0.00|
|$22,001 - $24,000||80% Premium Assistance||$12.10||$21.80||$24.20|
|$24,001 - $26,000||60% Premium Assistance||$24.20||$43.60||$48.40|
|$26,001 - $28,000||40% Premium Assistance||$36.30||$65.40||$72.60|
|$28,001 - $30,000||20% Premium Assistance||$48.40||$87.20||$96.80|
|Over $30,000||full rate||$60.50||$109.00||$121.00|
Departmental pay and pension system amendments required. All employees and pensioners in B.C. should be immediately informed of this new rate structure.
Should you have any questions regarding this notice, contact Stephen Taylor, Treasury Board Secretariat at 613 952-3250 or Contact Stephen Taylor by E-mail : Stephen.email@example.com.
Chief Human Resources Officer
Office of the Chief Human Resources Officer
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