It’s a bit less than the amount I would’ve paid MSP/month and then I would’ve had to pay for travel insurance on top of that – so overall, it looks as though my poorly researched decision turned out to be a good one.
If you are a Canadian resident moving from Canada, you have two options (specific to BC but I imagine similar to other provinces):
1) Contact MSP to arrange to continue paying the $69.25/month Medical Services Plan premium for up to 24 months. Acquire travel/medical insurance on top of that, whether paid for by yourself or through your new foreign workplace.
You should definitely keep MSP if you are eligible for any of these three options for MSP assistance:
- Hardship application. Valid when hardship is unforseeable (a deliberate decision to take a job that pays much less does not count).
- Premium assistance application. Based on your salary from the previous tax year.
- Mooch off your parents’ plan until you’re 19 (25 if you’re a full-time student).
2) Register yourself as permanently leaving British Columbia. Rely on whatever insurance your new foreign workplace provides or purchase insurance from this insurance service.