Cost Plus is a Private Health Services Plan (PHSP). It was introduced as a cost efficient and tax effective means of providing health and dental benefits for small and medium sized businesses.

The plan provides up to 100% coverage on all Health, Dental and Vision care related expenses.

The Private Health Services Plan (PHSP) can also
supplement existing health care plans that do not offer full coverage. Alternative benefit plans normally do not provide the coverage desired or are simply not cost efficient.

You never pay for coverage you don‘t use or need. What’s more, there are no monthly premiums to pay.

Cost Plus covers all health-related expenses eligible under the Canada Customs and Revenue Agency Income Tax Act.

The Private Health Services Plan (PHSP) is an inexpensive way for incorporated employers and sole proprietors to provide tax free health and dental services for themselves and their dependents, their employees and their dependents.

These services, available through Cost Efficient Benefit Plan are 100% tax deductible to the corporation or the sole proprietor.

The employer defines which employees participates in the PHSP plan and sets the level of coverage.

The plan offers flexible coverage as defined under the Income Tax Act. The health and dental expenses of one's parents or grandparents may now be covered under Cost Plus. Please contact Cost Efficient Benefit Plan for more information.

With the ever increasing cost of health and dental expenses, Cost Plus is the health care plan every small and medium sized business should not be without.

If you would like to know how the Private Health Services Plan (PHSP) can help you and your company save money, please contact us.