Health Benefit Plan
Turn healthcare expenses into tax-deductible business expenses
Health Plan Features
Healthcare reimbursed, tax-free
No Usage Fees
Unlike other plans, just a single setup fee
By paying with pre-tax funds, save up to 53%
Plan designed for Canadian tax code
Set-up Tax Free Health Plan Today
How Does It Work?
The CarbonFibre health benefits plan is a plan used by incorporated professionals and business owners to provide drug, vision, medical, dental & orthodontics coverage for themselves, their families, and their employees.
The plan is self administered and provides the option to customize the program to the needs of their business.
Our plan has significant advantages over traditional group insurance that generally have high premiums and significant restrictions.
The CarbonFibre plan is adherent with the CRA requirements of a Private Health Services Plan (PHSP) and covers anything that CRA allows as personal health deductions.
Total BENEFITS PAID OUT ($)
max HEALTHCARE % SAVINGS
Medical & Drug Coverage
Coverage for an extensive list of healthcare services not covered by provincial medical plans, as well as all prescription medications with no deductibles. Even covers health plan premiums!
Dental & Orthodontics
Include dental exams, cleanings, fillings, extractions, crowns, bridges, root canals, periodontal care, orthodontics (braces, aligners), implants, dentures, oral surgery, TMJ treatment, and sedation. No deductibles.
Supporting & Empowering Canadian Businesses
Running a business is hard. Taking advantage of a tax-advantaged health benefits plan is one step you can take to improve your financial picture while looking after your family & employees.
Get Started Today
Up & Running in Minutes
Frequently Asked Questions
The CarbonFibre Health Benefit Plan is simple to implement but you may have questions.
How do you avoid charging ongoing monthly or per-use fees?
We provide you all the setup documentation and instructions required to self-administer the program. Once we’ve setup the plan for you, we have no further expenses and pass on the savings to you. Other plans continue to extract fees for years to come.
Is this program CRA compliant?
Yes, it is carefully constructed as a Private Health Services Plan (PHSP) based on Section 248(1) of the Income Tax Act and Interpretation Bulletin IT-339R2.
Why haven't I heard about this tax-efficient strategy before?
This program is well known to savvy accountants but not widely advertised. At CarbonFibre, we are laser focussed on financial products that provide real value to Canadian businesses.
How can healthcare expenses be paid out tax-free?
CRA allows businesses to utilize private health services plan.
“Our kids had thousands in orthodontic expenses. I was able to cover the costs with pre-tax dollars. Huge savings!”
“So simple to set up. Was up and running the day I received the CarbonFibre health plan.”
“What a great way to provide an added incentive to my employees. A key employee is thrilled that her dental & massage costs are covered with no deductible or co-pay.”