Private Health Service Plans (PHSP) for Canadian Businesses


PHSP Business Benefits

Advantages of a Private Health Services Plan:

  • Our PHSP's have no premiums, no maintenance or annual renewal fees - we are cost plus
  • Medical, vision and dental costs are 100% tax deductible to your business
    • Reduce corporate/business taxes
  • Reimbursements are 100% tax free to employees
  • Employer sets limits for the amounts the employee's are allowed to claim
    • Limits will only change the employer decides to change them
    • Set up tiers for different employee levels with different expenditure limits
  • Help attract and retain employees
  • Keep employees happy, healthy, productive and focused
  • Pay expenses not covered by existing group or other plans
    • If you have an existing group plan, our plan can be used for deductibles and amounts that exceed existing group plan maximums
  • Can provide employees a PHSP in lieu of a raise
    • No CPP or UIC for employer on payments
    • No holiday pay accruals

What's in a PHSP for you?

  • No health qualifications
  • Tax free health, dental and vision care benefits
  • You control your health care costs
  • No unexpected or continuing premium increases

What do we do?

  • As we are owned and operated by a CPA, CA* and tax expert in the area of PHSPs
    • We set up your PHSP in compliance with Canada Revenue Agency ("CRA") guidelines
    • We make certain that any claims are eligible so the plan stays onside with CRA
  • We are personally available to answer your questions regarding your private health services plan
  • We protect the privacy of your personal information

What does a Private Health Services Plan cost?

  • No set up fees
  • No premiums, pay as you go
  • No annual renewal fees
  • No maintenance fees
  • 10% administration fee
  • $4 for each claim processed
  • No minimum claim amount