In the Feb. 2018 BC Budget announcement, the Finance Minister announced the following changes to Medical Services Plan (MSP) premiums:
- Beginning Jan. 1, 2019, employers such as UBC will pay an Employer’s Health Tax (EHT) to allow for the full elimination of MSP premiums. BC residents will still be required to pay MSP premiums for the 2019 calendar year.
- Beginning Jan. 1, 2020, all BC residents will no longer be required to pay monthly MSP premiums. Employers will continue to pay the EHT.
More info about these changes will be provided prior to their implementation dates.