A Private Health Services Plan (PHSP) is for Canadian small and medium sized businesses to provide health benefits to themselves and their employees while enjoying substantial tax savings. A PHSP is a low-cost alternative to Insured Plans.
With no premiums, a sole proprietor, self-employed, contractor, consultant, tradesperson, professional corporation or traditional incorporated business only pays when a claim is submitted. Your business receives a 100% tax deduction for the claim amount and a Brock Health PHSP has a fixed percentage of the claim so your service is predictable. Reimbursements to your employees are not taxable benefits and are more comprehensive than most Insured Plans.
Please visit brockhealth.ca to learn more.