Premiums under the province’s Medical Services Plan will be eliminated on Jan. 1, saving individuals up to $900 a year while families will pocket up to $1,800. introduced a so-called Employer Health Tax of 1.95 per cent for businesses with a payroll over $1.5 million. Employers have complained that paying both the Employer Health Tax and medical premiums this year has amounted to “double dipping,” eating into their bottom line. However, the health tax is not any different from how some provinces, including Ontario, Quebec and Newfoundland and Labrador, fund health-care costs, he noted. “It’s a misnomer to call it a health tax, it’s a payroll tax.”Note to readers: This is a corrected story.

Source: thestar December 05, 2019 20:37 UTC