Flexible and powerful benefit options!

Corporation, Limited Company or Professional Corporation

If you are one of these types of business structures, you are eligible for a Private Health Services Plan (PHSP), regardless of the size of your business. It does not matter if you are the only employee or have several employees.

These types of business structures can also set their own annual benefit limits for employees (Plan Members), if so desired, allowing the employer (Plan Owner) to assign employees to categories within the business structure. Examples of common categories include Executive, Management, Full-Time, Part-Time, etc. Benefit limits can even be structured according to whether an employee is single or has dependents, making it extremely flexible and powerful.

Partnership, Self-Employed or Sole Proprietor

If you are an unincorporated business, you must be regularly and actively engaged in your business and meet one of the following requirements to be eligible to expense your medical costs via a PHSP:

• More than 50% of your total income must be derived from the self-employed business

OR

• Your net income from sources other than self-employment should not exceed $10,000