Health premium
Learn about the premium that helps fund 澳门永利鈥檚 health services.
Information
The 澳门永利 government introduced a measure to update the calculation of the 澳门永利 Health Premium so that it is payable on split income, in addition to taxable income.
Overview
The health premium is paid by 澳门永利 residents through the personal income tax system. Money collected through the tax helps fund 澳门永利鈥檚 health services.
The from $0 if your taxable income is $20,000 or less, to $900 if your taxable income is more than $200,600.
The health premium is not linked to OHIP and does not affect a person鈥檚 eligibility to receive health care in 澳门永利.
How is the premium paid?
You pay the health premium if you are a resident of 澳门永利 and your employment or pension income is more than $20,000 a year. In most cases the premium is automatically deducted from your pay or pension. It is included as part of the income taxes deduction on your pay stub.
If you don鈥檛 have taxes automatically deducted from your pay or pension, the premium is paid when you file your annual with the Canada Revenue Agency (CRA).
If your taxable income is $20,000 or less, you don鈥檛 need to pay the health premium.
People who are self-employed or pay income tax instalments
If you鈥檙e self-employed and have a taxable income of $20,000 or more a year you pay the premium as part of your return. Complete in your personal income tax and benefit return package and submit it to CRA with your tax return.
The premium is based on an individual鈥檚 taxable income. Regardless of whether someone is married, divorced, separated or single.
Those with higher health premiums may need to pay in instalments throughout the year. Instalment interest may be charged if the payments are not enough.
Learn more about how to file your tax return.
First Nations People as Status Indians
If you have a Certificate of Indian Status identity card, you are required to pay the premium if your taxable income for the year was generated off-reserve and is more than $20,000.
The health premium does not apply to income earned on a reserve. To learn more about the taxable status of income, please visit the .
Seniors
If you鈥檙e a senior who receives a pension of more than $20,000 a year, check with your pension provider to verify if the premium is being deducted automatically with other taxes.
If you receive income from sources that don鈥檛 deduct the taxes, you can request the health premium be automatically deducted from your:
- pension, or
- Old Age Security (OAS) and Canada Pension Plan (CPP) benefits
To have the premium deducted from your pension, complete and provide it to your pension provider.
To have it deducted from your Old Age Security (OAS) and Canada Pension Plan (CPP) benefits, complete form and send it to Service Canada using the address provided.
For Employers
Employers can use the CRA鈥檚 and the to calculate the correct payroll deduction.
Payroll deductions, including the health premium, are calculated based on the province or territory where employees report to work. .
If you鈥檙e an employer, you can pay the health premium for your employees by increasing employee salaries, or reimbursing employees for the premium amount that needs to be paid. Payment of the premium by an employer is considered an employee benefit. The employee must include it as a taxable benefit when filing their income tax return.