Accounts-coverad-Aug13_RobinsonGroup 13-08-22 6:38 PM Page 1
Accountants
We’ve made Private Health Services
Plans cookie-cutter simple!
Canada Revenue Agency (CRA) Federal Legislation allows business owners to
fully tax deduct 100% of their healthcare costs as a business expense using
a Private Health Services Plan.
Who qualifies?
Anyone who owns a business of any size, employees and dependents.
No health questions or age limits. This is not insurance.
What’s covered?
100% of virtually all dental and medical expenses. Visit our website
www.trustedadvisor.ca for a complete list.
What’s the cost?
There is a one-time set-up fee plus applicable taxes. The additional cost is 10%
administration fee plus applicable taxes, depending on which province you live in.
Who uses a Private Health Services Plan?
Business owners who:
> do not qualify for group insurance or find it too expensive
> find group insurance coverage too restrictive; i.e.; orthodontics
> have sick child or spouse
> want front of line treatment
> want to write-off child support relating to healthcare expenses
> large groups who have been struggling with significant cost
increases each year.
A partial list of qualified expenses:
Acupuncture
Alcoholism Treatment
Ambulance
Anesthetist
Attendant Care
Birth Control Pills
Blood tests
Catscan
Chinese medicine
Chiropractor
Crowns
Dental Treatment
Dental Implants
Dental X-rays
Dentures
Dermatologist
Detoxification Clinic
Diagnostic Fees
Dietitian
Drug Addiction Therapy
Eyeglasses
Fertility Treatments
Guide Dog
Hair Transplant
Hearing Aid and Batteries
Hospital Bills
Insulin Treatments
Lab Tests
Laser Eye Surgery
Lodging (away from
home for outpatient care)
MRI
Naturopath
Nursing Home (incl. board
& meals)
Optician
Oral Surgery
Orthodontist
Orthopedist
Osteopath
Out-of-Country Medical
Expenses
Physician
Physiotherapist
Prescription Medicine
Psychiatrist
Psychologist
Psychotherapy
Registered Massage
Therapy
Renovations & Alterations
to Dwelling
(for severe & prolonged
impairments)
Special School Costs for
the Handicapped
Surgeon
Transportation Expenses
(relative to health care)
Viagra
Vitamins (if prescribed)
Wheelchair
X rays
Note: This is a partial list. All allowable expenses
must qual