If you are paying for health care (prescriptions, dental, glasses/contacts, etc.) from your personal bank account and you own a business, there is a better way:
Pay for your health care with your business’ before-tax dollars and then deduct 100% of it on your tax return.
Whether you are a sole proprietor, a partner, or incorporated, with one employee or one hundred, this is the lowest cost way to get employee health benefits.
Why spend even one more week paying for medical expenses out of your pocket if you can put these expenses through your business?
More information may be found on the following pages:
• Qualifying for Employee Health Benefits
• What medical expenses are covered?
• What’s the cost of employee health benefits?
• How to enrol for employee health benefits