Private Health Services Plan (PHSP)
PHSPCANADA
We know how important it is to choose the right Employee Benefits Strategy.
- Are you facing any of the below Traditional Group Insurance pitfalls?
- Premiums are steadily rising year after year?
- No transparency into what’s driving up your benefits high healthcare costs?
- Are reimbursements not a 100% ?
Benefits packages are not “one size fits all” so let PHSPCanada customize your benefits with options for health and dental coverage, vision, retirement planning and more.
If you answered yes to the questions above than
Allow us the opportunity to give you a second opinion on your current group benefits plan
PHSPCANADA – BUSINESS OWNER PLAN
Designed for the self-employed business owners.
PHSPCANADA FLEX PLAN
Designed by the employer, with a fixed dollar amount for claims, allowing the employee to claim what they need, when they need it.
TRADITIONAL POOLED PLAN
Designed to provide a true pooled plan – same cost for everyone.
HYBRID TRADITION FLEX PLAN
Designed by the employer to match a traditional plan with the control of the Flex Plan.
WELLNESS / PERSONAL DEVELOPMENT PLAN
Designed to allow employers to provide employees and their dependents, an opportunity to achieve a quality of life. The CRA allows these life altering expenses to be paid by the employer as a Taxable Benefit to the employee.
Self-funding is a great way to break out of the traditional mold to utilize flexible options that meet your needs
Click for Your PHSPCANADA Plan Today
Private Health Services Plan Canada
Private Health Services Plan Canada (PHSPCanada) is a Canadian Revenue Agency (CRA) approved health savings plan that provides a tax-free way to finance healthcare costs of yourself, family or employees, allowing a business owner to expense medical costs through the company.
PHSPCanada is the perfect plan for self-funding employer & employee healthcare expenses. This is a ‘pay-as-you-claim’ plan in which an employer-funded flexible benefits plan is used like a bank account to pay for 100% of all eligible medical expenses, tax-free.
PHSPCanada participants starts each plan year with a designated number of credits / dollars in an Employee Health Spending Account (EHSA) as determined by the plan sponsor (owner / employer). Premiums are not required – this is a ‘pay-as-you-claim’ plan, so no claims mean no costs.
PHSPCanada Group Benefit Products
Customizing a Benefits Package that attracts and keeps Employees Happy
PHSPCanada offering products and services that are unique to benefit plans.
Allow us the opportunity to give you a second opinion on your current group benefits plan
Survey Testimonials
Association Affiliated Partners
We are sponsors and work with associations across Canada
