Advance payments made under the COVID-19 Advance Payment Program are paused until further notice. As announced in INFOBulletins 210103 and 210308, starting on the April 2021 Remittance Advice (RA) and ending with the September 2021 RA, payments were scheduled to be recovered in six equal installments from monthly OHIP payments. The first recovery was already applied to the April 2021 RA. Starting in May, the ministry is pausing the recovery until further notice as Ontario continues to be affected by COVID-19. The outlook of the pandemic will determine when repayment will resume. It’s important to stay informed about these updates since the outlook of the pandemic is always changing. If you have any questions about the update, please get in touch. This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by RBC Ventures Inc. or its affiliates. Related posts: Negative balance from the COVID-19 Advance Payment Program in Ontario Extension of Temporary COVID-19 Physician Services OHIP Update: Extension of Temp COVID-19 Physician Services Features that fit your practice Our software helps you save time, collaborate with ease and get expert support. See Features
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