Helping people save money on medical premiums

Knowing a few simple facts can actually make a very big difference in your life

What you don’t know about medical insurance might be costing you, but Nancy Anderson has good news she wants to help spread to as many people as possible.

“Many people are unaware of the premium assistance program for lower monthly payments through the provincial medical insurance,” she recently told The News.

The government, through Health Insurance B.C. (HIBC — formerly MSP), pays a portion of the monthly premium for low income households.

A family making $28,000 to $30,000 a year for example, receives a 20 per cent subsidy on the monthly premium of $64 to $128, depending on family size.

Anderson, who works in chiropractor Larry Smith’s office, adds there are deductions that can bring your net income down, meaning a couple over age 65, or a family of three, can earn up to $38,999 a year and still be eligible.

She regularly deals with people who are eligible but aren’t signed up because they don’t know about it, don’t think they are eligible, or think they are already signed up.

She points out PharmaCare, which helps with prescription drug costs, isn’t connected and people might be signed up for one — but not both.

People can also get up to three years of retroactive rebates and once you are signed up they automatically re-adjust your status annually.

One of the complications, she said, is that since the province de-listed (quit paying for) chiropractic, physiotherapy, massage therapy, naturopathic and podiatry in 2002, some people assume they can’t afford those services anymore.

But, Anderson said, premium assistance pays a portion of the cost of 10 visits a year to these “supplementary practitioners.”

People’s HIBC invoice, she said, should indicate whether individuals are paying the full rate or are already on assistance, which most medical practitioners can also check for people.

Anderson urges everyone, especially experts like accountants and medical professionals, to learn and pass on the details to their clients, which she said doesn’t appear to be happening.

Anderson and a pharmacist will speak on the subject at the Parksville Pharmasave, Tuesday, April 24 at 1 p.m.

She also has more information at her office, contact her at 250-248-6333, www.drlarrysmith.com or nankee@shaw.ca.

For more information, including the simple forms to apply, check www.hibc.gov.bc.ca or call 1-800-663-7100.

2012 premium assistance rates:

 

 

Adjusted net income Subsidy 1 person Family of 2 3+

 

$0 – $22,000 100% $0.00 $0.00 $0.00

$22,001 – $24,000 80% $12.80 $23.20 $25.60

$24,001 – $26,000 60% $25.60 $46.40 $51.20

$26,001 – $28,000 40% $38.40 $69.60 $76.80

$28,001 – $30,000 20% $51.20 $92.80 $102.40

Over $30,000 Full Rate $64.00 $116.00 $128.00

 

Just Posted

Coombs farm auction returns April 28

CFI hosts 41st annual auction

Ballenas grad to perform opera and art songs in Parksville to fund Prague trip

UBC music student Juliana Cook was asked to study and sing in the Czech Republic

Qualicum Beach versus Parksville – who wins?

Councils could take part in first-ever lawn bowling challenge

Ravensong Waterdancers to get you in sync

Teams will perform 12 routines at watershow on April 28

Homeless activists outside Notre Dame demand ‘a roof too’

Wealthy people have donated millions to effort to rebuild cathedral after devastating fire

Sri Lanka invokes war-time military powers after nearly 300 killed in Easter bombings

Sri Lanka’s minister of tourism says 39 foreign tourists were killed in the Easter Sunday attacks

Man’s body found in popular Cowichan Valley hiking area

Police say death not suspicious after discovery in Stoney Hill area overlooking Saltspring Island

Multiple sailing waits as BC Ferries deals with Easter Monday traffic

89 extra sailings had been added to the long weekend schedule

Vancouver Island-based company provides glass alternatives to plastic straws

Enviro Glass Straws now producing more than 60,000 staws each year

Ex-mayor of northern village claims its drivers are overpaying ICBC $1,800 a year

Darcy Repen says data shows Telkwa households are being ripped off for car insurance

Deadly synthetic drug found in Kamloops that puts users in ‘zombielike’ state

Interior Health warning says substance causes ‘speedy, trippy-like symptoms’ and hallucinations

Trudeau to be portrayed on ‘Simpsons’ episode

Toronto journalist who’s posted videos of himself doing impressions of the PM voiced him for the show

Elizabeth May’s wedding dress a ‘walk through a garden’ on Earth Day

Green Party leader set to get married in Victoria

Most Read