Premier John Horgan shakes thirteen-month-old Caliah Kornneluk’s foot as her mom Jocye Yan looks on after the premier along with Minister of Finance, Carole James and Minister of Health, Adrian Dix held a news conference in downtown Vancouver, Thursday, December, 5, 2019. THE CANADIAN PRESS/Jonathan Hayward

B.C. NDP touts the end of MSP premiums

Horgan, James held news conference to reiterate that people will get their last bill this month

British Columbians will ring in the new year by joining all Canadians in not paying monthly rates for health care.

Premiums under the province’s Medical Services Plan will be eliminated starting Jan. 1, saving individuals up to $900 a year while families will pocket up to $1,800.

The Finance Ministry says ditching the “unfair” premiums will amount to a net tax cut of $800 million.

Finance Minister Carole James says the last such health-care tax in the country has been the most complex of any of the province’s programs to manage.

B.C. BUDGET 2018: Payroll tax replaces medical premiums

The change will come two years after premiums were halved and a year after B.C. introduced a payroll tax of 1.95 per cent for businesses with a payroll more than $1.5 million.

Companies with a payroll under $500,000 have been exempt from the tax, while those in between pay a reduced rate, though some business owners have complained it leads to losses when profit margins are already thin.

KEEP READING: Think B.C.’s employer health tax doesn’t affect you? Think again

The Canadian Press

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Pumphouse project puts Vernon taps back on Kal

The capital project at the Kal Lake Pump House to make it flood-resistant is near completion

Accident causing traffic delays in Vernon

The accident happened near the intersection of Alexis Park Drive and 42nd Street

Carlton Cards to close its doors in Vernon

All 254 retail stores across North America will close in the next four to six weeks

Okanagan among Canada’s most at-risk habitats: WWF report

Report found the Okanagan is inadequately protected despite being a hotspot for at-risk species

Vernon-based company nominated for B.C. small business award

Summit Tiny Homes is one of five finalists for the small business award

UBCO students raise funds for those affected by Philippine volcano eruption

All proceeds will be donated to the Philippine Red Cross

B.C. RCMP spent roughly $750K on massive manhunt for Port Alberni men

Manitoba RCMP helped with 17-day search through the province’s northern terrain

Future space homes could be made of mushrooms

NASA explores use of fungi to build structures in space

Empty speedboat sinks off Kelowna shore on Okanagan Lake

This is the third report of a boat found in the lake in the past two weeks

Man killed by police in Lytton called 911, asking to be shot: RCMP

Howard Schantz, also known as Barry Schantz was killed following a standoff at his Lytton home

UPDATE: Revelstoke City Council gives themselves a raise, councillor resigns in protest

The mayor’s pay is set to go from $30,000 to $60,000 over three years

Kelowna General Hospital takes steps to prevent spread of coronavirus

So far, at least six people have died and 275 people have contracted the virus worldwide

Canadian public health agencies ramping up preparations in response to new virus

Health officials have said there are no confirmed cases of the emerging coronavirus in Canada

Most Read