Group Extended Health Care
A business expense and a nontaxable benefit
The tax code of Canada allows employers to provide Group Extended Healthcare coverage to its employees as a business expense and a nontaxable benefit.
Group Extended Health Care:
Essential Compensation to Employees
Extended health can include coverage for the items that the provincial health plans do not provide. The tax code encouragement has allowed the marketplace for extended health to evolve to the extent that employees may only be able to receive coverage through their employer’s benefit plan.
Extended healthcare has become an essential part of total compensation that attracts and retains top talent to your organization.
There are a lot of moving parts in healthcare insurance and a good discussion will go a long way to getting a positive result.
Call 1-866-936-1548 and we can discuss your wants and needs. Or...
