Our PHSP Options
Which PHSP Is Right For You Depends On Your Business:
If your company has other employees besides shareholder employees, then this type of PHSP is for you.
Small Corporate PHSP
If your only employees are shareholders like yourself, then this type of private health services plan is for you.
Sole Proprietors, and Unincorporated Businesses PHSP
We can also help sole proprietors, partnerships, independent contractors and unincorporated businesses, but there are special rules under Canada Revenue Agency legislation. See rules for sole proprietors and unincorporated businesses. or
Why We Do Not Offer Online PHSP Sign-Up
At Coast Mountain Benefits we do not believe it is possible to properly set up and document your PHSP in a way that satisfies Canada Revenue Agency requirements until we get to know your business. Getting to know your business, in order to properly set up private health services plan, is simply not possible through an online registration process.
We believe that the number one key to establishing a PHSP that qualifies under the Income Tax Act, is appropriate documentation. Secondly, as every business is different in the eyes Canada Revenue Agency, each plan needs to be tailored to your business's particular circumstances.