LOWEST COST PRIVATE HEALTH SERVICES PLAN (PHSP) IN CANADA

A Private Health Services Plan (PHSP) is a uniquely Canadian product which combines affordable comprehensive health benefit coverage with tax relief for small and medium sized businesses.

As a business owner you want to:

• Make your family medical expenses 100% deductible
• Reduce your corporate taxes
• Control costs for your employee health benefits
• Provide health benefits as an incentive to retain your employees
• Pay less than you do today for insurance while making the coverage more comprehensive

With a PHSP your company can now pay for all your medical expenses tax-free. Your company can claim a full 100% tax deduction (not just a tax credit) for:

• Dental care, including orthodontics
• Vision care, including contact lenses and laser eye surgery
• All prescription drugs
• Physiotherapy, chiropractic and massage therapy
• And most health expenses in Canada. See What is Covered

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 Brock Health Administration Private Health Services Plan (PHSP) can range from $350 to $850.

Brock Health Administration offers the lowest cost PHSP in Canada. 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.