I have a small business, but my business doesn’t meet the minimum number of employees for any of the Saskatchewan Blue Cross workplace benefits plans. What are my options?
Saskatchewan Blue Cross Personal Health Plans are a great fit for entrepreneurs with fewer than 3 employees. By offering a health plan for yourself and your employees, you can ensure that your employees’ healthcare needs are taken care of without impacting your operations.
As a sole proprietor, a Personal Health Plan serves as a tax deductible expense on your personal tax return. Deductibility is limited to $1,500 for each self-employed person.
If you’d like to offer Personal Health Plan coverage for yourself and your employees, each person should apply for their own Personal Health Plan. You as the business owner can decide how much coverage you’d like to offer, or how much of the plan premium you’ll reimburse for your employees. For more information, please contact us.