Promedent PHSP was designed to provide the most economical, easy to manage, Private Health Services Plan for small and medium sized businesses.

What is a PHSP?

A PHSP is a Canada Revenue Agency (CRA) approved plan that allow a business to pay for health care expenses of employees and their families as a deductible business expense.

Benefits of a PHSP

• No monthly premiums - payments are made only when claims are submitted
• Flexibility - a wide range of health care expenses are covered under a PHSP and there are no deductibles or other limitations such as maximum annual amount or number of visits per year. The employer sets the funding limit and the employee decides how this money will be spent.
• Eligibility - all employees are eligible regardless of pre-existing medical conditions. Pre-existing medical conditions do not affect the cost of a PHSP.
• Control - the employer can set different limits for each employee and adjust those limits as needed.