Acts and Regulations

2022-67 - Prescription and Catastrophic Drug Insurance Act

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NEW BRUNSWICK
REGULATION 2022-67
under the
Prescription and Catastrophic Drug Insurance Act
(O.C. 2022-255)
Filed September 22, 2022
1Paragraph 14(1)(b) of New Brunswick Regulation 2014-27 under the Prescription and Catastrophic Drug Insurance Act is repealed and the following is substituted:
(b) in any other case, an amount equal to the highest annual premium payable by a member of the Plan under Schedule A.
2The Regulation is amended by adding after section 14 the following:
Phase-in of premium increase
14.1(1)In this section, “base premium” means the amount of the premium payable by the member of the Plan immediately before the commencement of this section.
14.1(2)This section applies to a person who was a member of the Plan on July 1, 2022, and whose premium on that date was set under paragraph 14(1)(a).
14.1(3)Despite paragraph 14(1)(a), the premium payable by a member of the Plan referred to in subsection (2) for the current year is the lesser of
(a) the premium set under paragraph 14(1)(a), and
(b) the premium determined under subsection (4).
14.1(4)The premium payable by a member of the Plan referred to in subsection (2) shall be the following:
(a) from November 1, 2022, to October 31, 2023, the annual premium set under Schedule A that is nearest to, but does not exceed, the sum of the base premium and $150; and
(b)  on and after November 1, 2023, the annual premium set under Schedule A that is nearest to, but does not exceed, the sum of the amount that was payable for the year immediately preceding the current year and $150.
14.1(5)The phase-in of premium increases in accordance with this section has effect until November 1, 2027, or the earliest of the following:
(a) the date of any change in the income level of the family unit or the composition of the family unit which would result in a higher premium being set under paragraph 14(1)(a) for the member of the Plan;
(b) the member of the Plan fails to provide any information required by the Director under subsection 14(3); or
(c) the date of cancellation of membership in the Plan, even if the former member of the Plan reinstates membership after that date.
14.1(6)A member of the Plan to whom this section applies shall notify the Director immediately of any change referred to in paragraph (5)(a).
14.1(7)On cessation of the phase-in of premium increases under subsection (5), the premium for the member of the Plan shall be set in accordance with subsection 14(1).
3Schedule A of the Regulation is repealed and the attached Schedule A is substituted.
4Schedule B of the Regulation is repealed and the attached Schedule B is substituted.
5This Regulation comes into force on November 1, 2022.
SCHEDULE A
Gross Income Levels
Annual Premium
Single individual
Single individual with children/couple with or without children
 
$17,144 or less
$  34,290 or less
$
     66
$17,145 to $18,071
$  34,291 to $  35,856
$
   133
$18,072 to $18,943
$  35,857 to $  37,331
$
   266
$18,944 to $19,869
$  37,332 to $  38,898
$
   399
$19,870 to $20,796
$  38,899 to $  40,465
$
   532
$20,797 to $21,722
$  40,466 to $  42,032
$
   665
$21,723 to $22,594
$  42,033 to $  43,506
 $
   798
$22,595 to $23,521
$  43,507 to $  45,073
 $
   931
$23,522 to $24,447
$  45,074 to $  46,640
 $
1,064
$24,448 to $25,374
$  46,641 to $  48,207
 $
1,197
$25,375 to $26,246
$  48,208 to $  49,682
 $
1,330
$26,247 to $27,172
$  49,683 to $  51,249
 $
1,463
$27,173 to $28,099
$  51,250 to $  52,816
 $
1,596
$28,100 to $29,025
$  52,817 to $  54,382
 $
1,729
$29,026 to $38,201
$  54,383 to $  69,064
 $
1,862
$38,202 to $47,377
$  69,065 to $  83,745
 $
1,995
$47,378 to $56,553
$  83,746 to $  98,426
 $
2,128
$56,554 to $65,729
$  98,427 to $113,108
 $
2,261
$65,730 to $74,904
$113,109 to $127,789
 $
2,394
$74,905 to $84,080
$127,790 to $142,470
 $
2,527
Over $84,080
Over $142,470
 $
2,660
SCHEDULE B
Gross Income Levels
Maximum
Co-payment
Single individual
Single individual with children/couple with or without children
 
$17,144 or less
$  34,290 or less
 $
  4.00
$17,145 to $18,071
$  34,291 to $  35,856
 $
  5.35
$18,072 to $18,943
$  35,857 to $  37,331
 $
  6.70
$18,944 to $19,869
$  37,332 to $  38,898
 $
  8.25
$19,870 to $20,796
$  38,899 to $  40,465
 $
11.00  
$20,797 to $21,722
$  40,466 to $  42,032
 $
12.40
$21,723 to $22,594
$  42,033 to $  43,506
 $
13.75
$22,595 to $23,521
$  43,507 to $  45,073
 $
15.15
$23,522 to $24,447
$  45,074 to $  46,640
 $
16.50
$24,448 to $25,374
$  46,641 to $  48,207
 $
17.90
$25,375 to $26,246
$  48,208 to $  49,682
 $
19.25
$26,247 to $27,172
$  49,683 to $  51,249
 $
20.65
$27,173 to $28,099
$  51,250 to $  52,816
 $
22.00  
$28,100 to $29,025
$  52,817 to $  54,382
 $
23.40
$29,026 to $38,201
$  54,383 to $  69,064
 $
24.75
$38,202 to $47,377
$  69,065 to $  83,745
 $
26.15
$47,378 to $56,553
$  83,746 to $  98,426
 $
27.55
$56,554 to $65,729
$  98,427 to $113,108
 $
28.90
$65,730 to $74,904
$113,109 to $127,789
 $
30.30
$74,905 to $84,080
$127,790 to $142,470
 $
31.65
Over  $84,080
Over $142,470
 $
33.05