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2008 Alberta Budget: Continued Prosperity Results in
Elimination of Health Premiums
In her budget tabled on April 22, 2008, Alberta’s Minister of Finance and Enterprise, Iris Evans, detailed a number of spending increases and tax rebates to assist provincial residents. Of particular interest to employers with operations in Alberta is the elimination of Alberta Health Care Insurance Plan (AHCIP) premiums effective January 1, 2009. Employers who pay all or part of their employees’ AHCIP premiums will experience a significant cost savings. Employers should review their contractual commitment and possibly clarify their position should this premium be reinstated into the future.
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