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Creative Uses of a Private Health Services Plan


Retaining key or valued employees is an ongoing problem for employers.  A Private Health Services Plan (PHSP) can be used to dramatically enhance certain employee benefits on a completely discretionary basis by setting up classes for different positions and status.


Spending time hiring new employees is a non productive use of your time and money.  Through the creative structuring of a PHSP whereby employees receive higher benefits as their tenure increases ie: 3, 5, 7 years.  This has proven to drive their behavior and in the end reduces employee turnover.


Child support payments are generally not deductible.  It is possible to structure your affairs to lower child support payments and provide full Extended Health, Dental & Vision benefits through a PHSP thereby making a portion of the support payments deductible.