Welcome to a great health benefits idea.

Many business owners in Canada don't know that Private Health Services Plans are available to cover the health expenses of their families and their employees. 

Private Health Services Plans (PHSPs) are available to any Canadian business, incorporated or not.  These plans were brought in to alleviate the funding stress in the public medicare scheme by allowing businesses to fund health care expenses on behalf of their owners and employees.  With a PHSP, business owners - and their employees and families - get comprehensive health coverage while enjoying substantial tax savings.  A Private Health Services Plan is an effective alternative to health coverage under a traditional premium-based insurance plan, or can be used to top an existing premium-based plan.

Features of a Private Health Services Plan

  • Incorporated businesses, including contractors, consultants, tradesmen, and professional corporations all qualify for health benefits under a PHSP.
  • PHSPs can also be used by unincorporated sole proprietors or partnerships for self-employed health benefits.
  • There are no premiums with PHSPs - your business only pays an administration fee when a claim is submitted.
  • The business pays the cost of the PHSP claims and therefore gets a 100% tax deduction.
  • Canada Revenue Agency (CRA) allows reimbursements to employees to be a tax-free benefit (except in Quebec).
  • The administration fee is a fixed percentage of each claim so you know exactly how much you are paying.
  • You determine the annual reimbursement level for your employees so your business can budget effectively.
  • The Eligible Services are more extensive than with insured plans. They include almost every conceivable health service provided by a registered health professional.  See What Is Covered? for details.
Direct Reimbursement Associates is the national leader in low-cost, high quality PHSP's, with a modest 5% administration fee on claims, a one-time $100 plan registration fee, and completely digital claims submission and reimbursement.  Through our affiliate in Calgary PHSPs currently serve 5000 businesses in every province and territory of Canada.  If you own a business, regardless of whether it is incorporated or not, you can start saving money right now.  Talk to your accountant or HR advisor about a Private Health Services Plan and register today right on this website - it's easy!