If your 2007 earned income was $75,000 and you spent $3,000 in medical and dental costs, a CustomCare PHSP could have saved you $1387.50. Using a Custom Care PHSP your company would pay only $3,300.00, which would then be 100% tax deductible. - See the chart below for the details.
*British Columbia resident used in above example.
|
Personal Expense |
|
CustomCare PHSP |
|
$3000 |
Yearly Medical Expenses |
$3000 |
|
$0 |
Administration Fee (10%) |
$300 |
|
$4,687.50 |
Gross Income Required from Corp. to Pay Annual Medical Expenses |
$3000.00 |
|
Net Income Required |
| |
|
$4,687.50 |
Your Savings: $1.387.50 |
$3,300.00 |
|
Total Annual Savings 30% |
There are limited expense restrictions, see eligible expenditures.
Enroll in a CustomCare tailored health care plan:
CustomCare provides medicial and dental benefits, it's all they do!
So, expect prompt, friendly service when you call: 1-866-820-2188 or e-mail.
We're ready to discuss your future financial and insurance planning needs whenever you are. To talk now, please call us at (604) 702-0063 or toll-free 1-866-702-0063. Or complete our contact form and we'll get back to you in a timely fashion.
Phone: (604) 702-0063
Fax: (604) 703-0063
Toll-Free: 1-866-702-0063
#2 - 45975 First Avenue
Chilliwack, BC
V2P 1W2