Double check if you are receiving the Business Cost Premium (BCP). Effective April 2020, the BCP provides a percentage premium on MSP fees for in-person consultation, visit, counselling, and complete examination services to help cover the rising rent, lease, or ownership costs of a community-based office.
Doctors meeting the following criteria are eligible for the BCP:
- You are responsible for some, or all of the rent, lease, or ownership costs of a community-based office, either directly or indirectly.
- Your community-based office is in an eligible geographical location (e.g. Vancouver, Victoria, Metro Vancouver, and Greater Victoria). Rural Retention Program (RRP) communities are not eligible; however, the JSC is still working on how it may direct funds to address this issue in rural areas.
- You must be entitled to receive and retain payment for the eligible fees directly from MSP (e.g. payments assigned to Health Authorities are not eligible for the premium).
If you have not registered, you can do so at any time. Visit the Doctors of BC BCP webpage for information and the application for registration.
If you registered for the BCP but are unsure if you are receiving payment, review your remittance statement. The BCP payment will be listed in the adjustment area of the remittance statement.
For more information, review the recent Doctors of BC news item on this topic.