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Poirier and Associates: Canadian Health and Life Insurance, Benefits and Investments

Health & Dental

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  • Health Trust
  • Manulife Health and Dental

    Health Trust

    • A Health Trust is Canada Customs and Revenue Agency (CCRA) approved program   that achieves the maximum tax deduction for all dental, health and vision expenses for:
    • Self employed individuals
    • Corporations

    Who Qualifies?

    • Unincorporated self-employed individuals qualify to a maximum of $1,500 per person, per year for health, dental and vision expenses.

      Incorporated businesses can self insure the health, dental and vision expenses of their employees and get a tax deduction for the expense.

    What will it cost me?

    • You pay a one-time set up fee of $200 that is tax deductible.
    • You pay no premiums.
    • You pay an administration cost of 10% on all expenses only and at the time of claim.
    • A stop loss/travel medical insurance is mandatory on unincorporated self employed programs and it is optional for incorporated companies

    Notice:

    CCRA require a 3rd party Trustee and Administrator to adjudicate claims for accuracy and compliance with Federal Laws.