Eligibility:

If you operate a business, are self employed* or an independent contractor*, you are eligible. The business must be your main source of revenue as an individual is not able to create a company for the sole purpose of a health and welfare trust. There are no minimums or maximum size requirements.

Fees:

• One time set-up fee of $250 payable to Canada Insurance Plan
• There are NO per employee charges at set up
• 10% administration fee for each claim submitted to Canada Insurance Plan plus applicable taxes depending on province of residence
• For example, for a $1,000 dental bill, Canada Insurance Plan will charge a $100 processing fee

Taxes:

• HST of 13% required on the 10% administration fee
• PST of 8% required on claim amount
• Premium tax of 2% on claim amount and administration fee

• HST of 12% required on the  administration fee

• GST of 5% required on the 10% administration fee

• HST of 13% required on 10% administration fee