Health Services Fund (Québec)
Contribution Rates (2012)| Total payroll | Rate |
|---|---|
| Less than one million | 2.70% |
| Between one and five million | (M* x 0.39) + 2.31% |
| More than five million | 4.26% |
Updated on January 1, 2012
- The letter “M” represents the result obtained by dividing the employer’s total payroll for the calendar year by one million dollars. For example, if an employer’s total payroll is $1,500,000 “M” corresponds to 1.5. The contribution rate will then be 2.895% (e.g., [1.5 x 0.39] + 2.31).
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