Direct Reimbursement Associates provides this page to help those in the media prepare articles on Direct Reimbursement Associates, and Health Spending Account Plans (Private Health Service Plans) in Canada. If you have any questions or would like a quote for an article, please contact us at firstname.lastname@example.org.
Company Name: Direct Reimbursement Associates Ltd.
Also referred to as: DR Associates, DRA Ltd.
Website Address: http://www.healthspendingaccountcanada.com or www.draltd.com
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Description 100 Words:
A Private Health Services Plan (PHSP, Health Spending Account Plan, HSA) allows Canadian small and medium sized businesses to provide health benefits to owners and their employees while enjoying substantial tax savings. It is a low cost alternative to insured health 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 by a covered person. The business receives a 100% tax deduction for the claim amount. Direct Reimbursement Associates has a fixed 5% fee for administering the claim, making the cost of the service predictable. Reimbursements to employees are tax-free and typically HSAs are more comprehensive than most insured health plans.
Description 50 Words:
A Private Health Services Plan (PHSP, Health Spending Account Plan, HSA) helps businesses provide health benefits to owners and their employees while enjoying substantial tax savings. It is a low cost alternative to insurance. With no premiums, the business only pays when a claim is submitted andreceives a 100% tax deduction for the claim amount.
Executive Bios – Located here
Dr. David Balfour
Office: (403) 627-1826
Toll Free: 1-(866) 275-1610