If you are a community-based doctor and the increasing cost of renting, leasing, or owning your office space is becoming a hassle, you may be eligible for an MSP premium. As of April 1st, 2020, doctors who rent, lease, or own community-based offices can now receive a percentage premium on MSP fees for consultation, visit, counseling, and complete examination services. To see if you’re eligible you’ll need to register for the Business Cost Premium (BCP) through the Health Insurance BC (HIBC) as they administer the premium on MSP’s behalf. Important registration dates to make note of: If you register before July 31st, 2021, you can resubmit billing claims to receive retroactive BCP payment since April 1st, 2020. If you register on or after August 1st, 2021, you’re eligible to resubmit billing claims to receive retroactive BCP payment since April 1st, 2021. Visit the BCP website for information including eligibility criteria, registration forms, and FAQs. If you have any questions about registration dates or retro-pay, don’t hesitate to reach out to our team for help. Related posts: New MSP Service Location Codes Business Cost Premium covers MSP Fees for BC Doctors Modifications for MSP Claims Solutions Designed For The Unique Needs Of Your Practice Get a $150 Credit when you sign up for Dr.Bill*. No credit card required. Terms & conditions apply Learn More
1/* When you sign up for the Comprehensive Plan (fee of 1.95% of paid claims per billing cycle) with Dr.Bill you will receive a $150 billing credit (“Billing Credit”) to be applied to future Dr.Bill fees ( “Offer”). Offer is only available to new Dr.Bill users and can only be used once. Billing Credit cannot be converted to cash. If you cancel your Dr.Bill account or switch to the Essentials Plan at any time before the Billing Credit balance has reached $0, you will forfeit the balance of the Billing Credit. Offer cannot be applied retroactively and may not be combined or used in conjunction with any other Dr.Bill offer. Offer is only available in provinces where Dr.Bill operates. Offer may be amended or withdrawn at any time without notice. 2Up to $7,500 in billings free refers to the maximum amount of billings with a fee rate of 1.95% of paid claims that the $150 billing credit would cover in full. You will be charged for any additional services requested outside of the Comprehensive plan.
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