Surrey business group to Victoria: Overhaul the MSP

The Surrey Board of Trade is calling on the provincial government to overhaul the current Medical Services Plan (MSP).

Eliminating the bureaucratic apparatus needed to collect the premiums by collecting the MSP revenues through one or more existing taxes would eliminate the financial burden on employers, the self-employed and retirees, as well as those associated with premium assistance.

Small business owners and the self- employed also realize these costs through higher benefit expenses for employees and individual premiums that rise faster than the rate of inflation.

The MSP is a cost driver for employers, and in that sense, it poses problems.

The Surrey Board of Trade proposes the provincial government mandate an overhaul of the current MSP system through the new Provincial Tax Competitiveness Commission giving consideration of the following options:

1. Replace the MSP with a progressive and equitable approach to health care funding;

2. Abolish the current MSP premium system and implement a line item to the provincial income tax; and

3. Provide in advance at least one year’s notice to indicate that the MSP tax would be replaced with a combination of a payroll tax and an income tax surcharge, as is done in Ontario.

 

Anita Huberman, CEO

Surrey Board of Trade

 

Just Posted

Crashes pile up as snow blankets Surrey

Up to 10 centimetres of snow is in the forecast

How much does your city spend per person on snow removal?

Black Press Media compares 2018 ice and snow removal budgets of various Lower Mainland communities

B.C. BUDGET: Surplus $374 million after bailouts of BC Hydro, ICBC

Growth projected stronger in 2020, Finance Minister Carole James says

Surrey pastor in concert with songs from her new ‘Psalms for a Peaceful Heart’ CD

‘Incredible’ church sanctuary in Whalley a stage for Lori-Anne Boutin-Crawford’s music

Plan to redevelop former Surrey motel site too dense, says Coun. Pettigrew

Pettigrew: ‘We need to build liveable community with green spaces… not massive zones that are densified’

VIDEO: 8 things you need to know about the 2019 B.C. budget

Surplus of $247 million with spending on children, affordability and infrastructure

Ex-Langley spiritual leader cleared of stock trading allegations

Investors allegedly lost $740,000 investing through a local religious organization.

‘Bullet missed me by an inch’: Man recounts friend’s killing at Kamloops hotel

Penticton man witnessed Summerland resident Rex Gill’s murder in Kamloops

B.C. BUDGET: Income assistance raise still leaves many below poverty line

$50 per month increase included in funding for poverty and homelessness reduction

B.C. BUDGET: Indigenous communities promised billions from gambling

Extended family caregiver pay up 75 per cent to keep kids with relatives

B.C. BUDGET: New benefit increases family tax credits up to 96 per cent

BC Child Opportunity Benefit part of province’s efforts to reduce child poverty

B.C. BUDGET: Carbon tax boosts low-income credits, electric vehicle subsidies

Homeowners can get up to $14,000 for heating, insulation upgrades

B.C. man survives heart attack thanks to Facebook

A Princeton man suffered a heart attack while at an isolated property with no cell service

Abbotsford man sues Maxime Bernier’s People’s Party over trademark

Satinder Dhillon filed application for trademark same day Maxime Bernier announced the new party

Most Read