With a new year comes increased MSP premiums.
That has B.C.’s seniors advocate reminding seniors to check and see if they are eligible for an MSP subsidy.
Isobel Mackenzie says seniors with household incomes below $30,000 can save, but they need to file their taxes and apply.
“It is fairly straight forward, and once you’ve applied and you’re enrolled you give permission to the Canada Revenue Agency to release information to the province, and automatically, every year you continue to receive that subsidy.”
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But Mackenzie says it’s always surprising to find out exactly how many people who qualify for programs don’t even know they exist.
“We know that about 33% of seniors apply for premium assistance, but income data would indicate that about 50% would qualify for some kind of premium assistance.”
She says a survey found only 39% of seniors were aware of the subsidy.