A PHSP (Private Health Services Plan) is a Canadian Revenue Agency (CRA) approved health plan that provides a tax-free way to pay for healthcare expenses of yourself, family or employees, allowing business owners to expense medical costs through the company.

A PHSP Offers

  • Tax Savings
  • Low Administrative Costs
  • Cost Control
  • 100% Reimbursement
  • Plan Flexibility

The PHSP participant starts each plan year with a designated number of dollars in a Health Spending Account as determined by the plan owner. A PHSP is a ‘pay-as-you-claim’ plan, so no claims mean no costs.

What A PHSP Covers

  • Dental Work
  • Vision Care
  • Prescriptions
  • Cosmetic Work
  • Professional Services
  • Transportation
  • Physiotherapy
  • Laser Surgery
  • Orthodontics
  • Chiropractor
  • & More