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Private Health Services Plan (PHSP) Advantages

 

 

BENEFIT FOR THE BUSINESS
BENEFIT FOR THE OWNER

 

 

 

 

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100% Tax Deductible
No Premiums
Employer Decides the Range of Options
Fast Claims Processing
Canada Revenue Agency Back-up and Support

 

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100% Coverage of All Health &
Dental Costs
Tax Free Benefits
Easy to Understand
Can Supplement Existing Coverage
Fast Claims Processing

There are many other advantages over the Medical Expense Tax Credit on your personal taxes. A PHSP has:

• No dollar value restrictions on the amount that can be claimed

• No partial payments due to differing annual payment schedules

• No deductibles

• No medical examinations to qualify

• No premiums; you only pay when you use the plan

For the average family in Canada, the annual medical expenses can easily amount to $2000. Depending on your personal tax rate and province of residence, your savings with a Private Health Services Plan (PHSP) can range from $350 to $850 or even more.

If you own a business; incorporated or not, you can start saving money now. Ask your accountant about a Private Health Services Plan (PHSP) and enroll today.

* Disclaimer

 

Please feel free to contact us with your questions about benefits, starting a new plan, or to arrange for a complimentary evaluation of your current plan.

 
Phone: 604.916-2383 Fax: 604 251-9542 info@benefitsbc.com

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