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Your MSP cuts are coming January 1st

Photo BC Government Changes are being made to the Medical Services Plan (MSP) premiums that will see fees cut by 50% beginning Jan. 1, 2018 and the income threshold for exemptions increased.

 Photo BC GovernmentPhoto BC Government

Changes are being made to the Medical Services Plan (MSP) premiums that will see fees cut by 50% beginning Jan. 1, 2018 and the income threshold for exemptions increased.

The result should see a number of British Columbians exempt from fees, including an individual earning up to $26,000 per year, a couple earning up to $29,000 per year, a senior couple earning up to $35,000 per year, a single parent with two children earning up to $32,000 and a couple with two children earning up to $35,000.

As well, a task force is expected to report on March 31 the best approach to eliminating MSP premiums.