Health-care premium hike hits B.C. taxpayers

Increases in Medical Services Premium, Employment Insurance, Canada Pension Plan on menu for 2013

As British Columbians embrace the new year, they’ll be greeted with increases in health care deductions.

For the fourth year in a row, the provincial government is raising the monthly Medical Services Plan (MSP) premiums from $128 to $133 per family, or an extra $60 a year. However, only those making more than $30,000 a year will be affected.

“Nearly every British Columbian will be paying more in 2013, further cutting our purchasing power and ability to save,” said Jordan Bateman, regional director of the Canadian Taxpayer Federation.

MSP premiums are a tax that virtually every Canadian pays, except in cases where employers pay for their employees, he said.

“The MSP is a grossly unfair, regressive tax,” Bateman said. “If you make $30,001 a year, or $3 million a year, you pay the same $133 a month. MSP is for the little people who don’t work for government.”

MSP charges have increased 24 per cent over the past three years, accruing an extra $300 in annual cost to taxpayers.

“It’s not tied to your income, that’s the worst part,” Bateman said.

Some Canadians will also be faced with increases in Employment Insurance and Canada Pension Plan deductions.

For those earning $47,400 or higher, EI premiums increase by $51.50 to a maximum of $891.12 per year. Employers will pay $1,247.57 annually, a hike of $71.61.

Workers making $51,100 or more will pay the maximum $2,356.20 for CPP, up by $49.50, while the employer’s share jumps by the same amount to a total of $4,712.40.

reporter@vicnews.com

Just Posted

Volunteer needed to empty dog poop can in Saanich Park

Local volunteers do the work of irresponsible dog owners at Mount Doug

Most Victoria transit takers thank their driver: poll

Bus riders thank drivers on Transit Driver Appreciation Day

Sexual assault charge dropped against from CFB Esquimalt member

Navy Lt. Ronald Clancy was charged with two counts of sexual assault in August 2018

Vancouver Island overdue for the big one, can also expect mega-thrust tsunami

The last big earthquake was 70 years ago in Courtenay

Sentence handed down for sex assaults committed more than 30 years ago

Man in his 80s will serve a conditional sentence in the community

VIDEO: RCMP ask kids to help name soon-to-be police dogs

13 German shepherd puppies will be born this year

Horvat scores 16 seconds into OT as Canucks beat Blackhawks 3-2

Pettersson sets rookie scoring record for Vancouver

No injuries, pollution in Vancouver Harbour ship collision: Transport Canada

Transportation Safety Board says it has deployed a team of investigators look into the incident

Budget 2019: Five things to watch for in the Liberals’ final fiscal blueprint

Finance Minister Bill Morneau will release the Trudeau government’s final budget on Tuesday

New concussion guidelines launched for Canada’s Olympians, Paralympians

The guidelines will be in effect at this summer’s Pan American, Parapan American Games in Lima, Peru

Alphonso Davies doubtful for Canada game against French Guiana in Vancouver

Canada will be without injured captain Scott Arfield and veteran Will Johnson

Watchdog called after man who yelled racial slurs at B.C. vigil hurt during arrest

BC RCMP say man was ‘acting suspiciously’ at prayer vigil for victims of New Zealand mosque shootings

NDP’s Jagmeet Singh steps into the House of Commons, making history

Burnaby South MP becomes first visible minority to lead a federal party in the House of Commons

Most Read