The Ontario Health Premium is deducted from employee pay and pension cheques through the personal income tax system. The actual amount of the Ontario Health Premium for the year is determined when you file your annual income tax return. Self-employed individuals who remit tax by instalments must include an estimated amount for the Ontario Health Premium.
The Ontario Health Premium is not related to the Employer Health Tax for Ontario. Each year, revenue from the Ontario Health Premium contributes approximately $2.8 billion to the health care system.
If you would like to find out how Ontario Health Premium affects you, please view this chart.
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