Calculate Your Savings
Please enter your taxable income from all sources, your province of residence, and your estimated medical, dental, and vision care expenses the year. Then press the calculate your savings button to see how much money you could save with a Coast Mountain Benefits private health services plan.
|With a PHSP||Without PHSP|
|Income required to pay medical/dental/vision care expenses||With a PHSP||Without PHSP|
|10% administration fee||With a PHSP||Without PHSP|
|Non-refundable medical expense tax credit||With a PHSP||Without PHSP|
|Total Cost medical/dental/vision care expenses||With a PHSP (B)||Without PHSP (A)|
|Total $ savings with a PHSP (A minus B)||With a PHSP||Without PHSP|
|Savings as a percentage of the original expenses||With a PHSP||Without PHSP|
If this all seems complicated please contact us and we can explain how this Canada Revenue Agency initiative works.