Approved medical services and health care plans

1For the purposes of the definition of "taxable premium" in section 1 of the Insurance Premium Tax Act, a medical services or health care plan that meets the following criteria is approved:

(a)the plan is established and managed by an insurance company or an extraprovincial insurance corporation that

(i)is authorized to carry on insurance business under the Financial Institutions Act, and

(ii)is a non-profit corporation;

(b)the plan provides for the payment of benefits directly to one or more of the following:

(i)a person entitled to practice a designated health profession under the Health Professions Act;

(ii)a chiropractor entitled to practice under the Chiropractors Act;

(iii)a dentist entitled to practice under the Dentists Act;

(iv)a medical practitioner;

(v)Repealed. [B.C. Reg. 232/2005, App. s. 8.]

(vi)an optometrist entitled to practice under the Optometrists Act;

(vii)a podiatrist entitled to practice under the Podiatrists Act.

[am. B.C. Reg. 232/2005, App. s. 8]