The Hospital Provision (HP) rates are based on plan experience by each level of coverage. The HP rates are adjusted to take into account the change in the number of retired members enrolled in Hospital Level II and III and the use of benefits.
Contribution rates for retired members of the PSHCP with Supplementary coverage will be updated as of April 1, 2020. Since contributions are owed one month in advance, the new rates will be reflected on retired members’ March 2020 pension payments for April 2020 coverage.
The following tables show the breakdown of the contribution rates for the Extended Health Provision (EHP) and the Hospital Provision (HP) with a total amount paid by the retired member each month.
Source: Sun Life Insurance: Public Service Health Care Plan (PSHCP) Bulletin 40 – February 2020