How The Plan Works

MediDirect® Benefit Plans Manage Costs

At MediDirect®, we offer "value for money" services that are designed to meet the specific needs of Sole Proprietors, Corporations, Professional Corporations, Not-For-Profit Organizations and Associations, Partnerships and Joint Ventures.

OUR CORE PRIVATE HEALTH SERVICES PROGRAMS

• Health Spending Accounts (with an explanation of the Claims Process)
• Administrative Services Only
• Health and Wellness Accounts
• Compensation and Benefit Plans

INSURANCE OPTIONS 

Definition of a Private Health Services Plan (PHSP)

Section 248(1) of the Income Tax Act defines a PHSP. In essence, a PHSP is a written contract between an employer and an employee whereby the employer reimburses the eligible medical expenses of its employees. The funds paid to a PHSP by an employer are business expenses deductible against business income. The reimbursements paid to employees are non-taxable benefits. In other words, a PHSP is a health plan and a tax plan.

“Through MediDirect® our company is in control of its costs, we have been provided with immediate and long-term management strategies and have seen a reduction in our benefit costs of up to 40%.”