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Cost of coverage

The cost of coverage effective January 1, 2013, is shared as follows:

  Member contributions (including provincial sales tax) Concordia contributions (including Québec sales tax)
Coverage category Bi-Weekly Basis Monthly Basis Bi-Weekly Basis Monthly Basis
Single $10.48 $22.76 $10.48 $22.76
Couple $20.97 $45.57 $20.97 $45.57
Single parent $18.15 $39.43 $18.15 $39.43
Couple with children $28.62 $62.18 $28.62 $62.18
These costs are subject to change.

What is taxable

If you are a Québec resident, the premium (including the sales tax) that Concordia pays toward your coverage under the plan is considered a taxable benefit. However, you may be able to deduct the following “health care” expenses when you file your income tax return:

  Tax deductions on your...
  Québec income tax return Federal income tax return
The premium (including the sales tax) that Concordia pays toward your coverage under the plan Yes No
The premium (including the sales tax) that you pay toward your coverage under the plan Yes Yes
Any medical and dental expenses eligible under the Income Tax Act that are not covered (in full or in part) by any plan Yes Yes

Please consult your tax or financial advisor.

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