You work hard for your money. And as a wise business owner, you minimize your tax burden by deducting every eligible expense from your business income. That’s smart thinking. But did you know there’s one key eligible expense many Canadian business owners overlook?

If you guessed “healthcare”, you are absolutely correct. Now – the reality is, most business owners are put off by the challenges of funding a health insurance program, and rightfully so. After all, health insurance costs are spiraling. And each year a smaller number of services are covered, while plan members pay more and more out of their pockets. It can be very frustrating!

That’s why we’ve been searching for a different and better solution for our clients – one where clients can more affordably access a comprehensive range of healthcare and at the same time, save tax dollars.

Introducing an Easy, Tax-Effective and Flexible Alternative…

Well, we have great news – we’ve found exactly that solution! We’ve developed a program in conjunction with our alliance partner WellSpent that saves time, money, headaches and lowers your taxes. That means you can focus on what’s important – the success of your business.

Our solution is called the Executive Health Plan, and with it, successful entrepreneurs can now deduct the health care costs for themselves and their key employees. Think of it as a tax-free spending account for your healthcare. You can fund anywhere between $1,500 and $7,500 annually for you or your key staff. It is fully eligible as a business expense, and you pay no income tax on the proceeds.

Many of our clients will save over $2,000 each year by using the Executive Health Plan. What’s more – you don't have to answer any medical questions, you can keep visiting your preferred healthcare providers such as your dentist or chiropractor, and you can get your plan set up in 5 minutes or less. It’s really that simple. And it costs only pennies a day to administer.

Find out how it works and how successful Canadian entrepreneurs are taking advantage of this government-approved opportunity. Or see examples of how this program could work for you. If you have questions, please contact your Financial Services specialists, or e- mail executivehealthplan@danlawrie.com.

To your good health!

Dan Lawrie, CLU, C.F.S.B.
Dan Lawrie, President & CEO
Dan Lawrie Insurance Brokers Ltd.