What Does An Aquilian Benefits PHSP Cost?

There are only two costs you will ever pay to operate an Aquilian Benefits Private Health Services Plan (PHSP):

     1. A $100 one time enrolment fee is charged to set up your plan. There is no GST/HST charged on this fee. To enroll send a $100 cheque from your business account along with the Aquilian Benefits Enrolment Form. If you have additional employees other than yourself you should also complete Appendix A - Eligible Claimant Information.

     2. For each claim, you are charged an administration fee of 10% of the total medical expense. You send your Aquilian Benefits Claim Form and a cheque for the amount of the medical expense plus 10% and related taxes. We must charge GST/HST on the administration fee (but not on the medical expenses), as well applicable provincial premium and retail sales taxes that are determined by the claimant's province of residence. The entire amount including the medical expenses, administration fee and taxes is a fully tax-deductible business expense. The taxes that apply are detailed on the claim forms we provide.

You Do NOT Pay Additional Fees For:

• Any ongoing monthly or annual premiums.
• Setting up many covered employees.
• Any changes, additions or deletions to your list of covered employees.
• Any changes, additions or deletions to the class of any covered employees.
• Multiple submissions in a year; submit as often as you like or only once per year. You only pay the 10% administration fee.
• Safekeeping of your plan's records and receipts.
• Keeping your plan operating, even if you do not make a claim in a year, although we will purge your account if it remains inactive after 7 years.

What Do You Get?

Your Private Health Services Plan (PHSP) is a contract with Aquilian Benefits Corporation. As part of this contract agreement, Aquilian Benefits commits to:

     1. Pay the full amount of the eligible expenses, tax-free to the claimant. Our pledge is to complete the adjudication and issue a cheque within 5 business days of receipt of the claim.

     2. The Planholder (business) receives an Annual Summary Statement of all claims under the Plan within 30 days of the fiscal year-end of the business. This report outlines the full amount that is deductible from your business income in Canada.

Contact

Postal address:
Aquilian Benefits Corp.
2189 6th Concession Rd.
Uxbridge, ON L9P 1R4

Telephone:
(647) 333-7229

Email:
info@aquilian.ca

Web:
www.aquilian.ca