WHAT A PHSP COSTS

There are only two costs you will ever pay to operate a Brock Health Administration Private Health Services Plan (PHSP):

1. A $100 one time enrolment fee is charged to set up your plan. There is no GST/HST charged on this fee. To enroll send a $100 cheque from your business account along with the Brock Health Enrolment Form. If you have additional employees other than yourself you should also complete Appendix A - Eligible Claimant Information.

2. For each claim, you are charged an administration fee of 5% of the total medical expense. Send your Brock Health Administration Claim Form and a cheque for the amount of the medical expense plus 5%. We also charge GST/HST on the administration fee (but not on the medical expenses). The entire amount including the medical expenses, GST/HST and administration fee is a fully deductible business expense.

Brock Health Administration offers the lowest cost combination of enrolment charges and ongoing administration fees in the country. With fees this low, we don't offer elaborate value add services that are available from some of our competitors. Follow this link to see what Our Competitors are offering.


You Do NOT Pay Additional Fees For:

• Any ongoing monthly or annual premiums
• Setting up multiple covered employees
• Any changes, additions or deletions to your list of covered employees
• Any changes, additions or deletions to the class of any covered employees
• Multiple submissions in a year; submit as often as you like or only once per year. You only pay the 5% administration fee.
• Keeping your plan operating, even if you do not make a claim in a year, although we will purge your account if it remains inactive after 7 years. See our Privacy Policy.


What Do You Get?

Your Private Health Services Plan (PHSP) is a contract with Brock Health Administration. As part of this contract agreement, Brock Health Administration commits to:

1. Pay the full amount of the eligible expenses, tax free to the claimant. Our pledge is to complete the adjudication and issue a cheque within 5 business days of receipt of the claim.

2. The Planholder receives an Annual Summary Statement of all claims under the Plan within 30 days of the fiscal year end of the business. This report outlines the full amount that is deductible from your business taxes in Canada.