Private Health Services Plans for incorporated Canadians · Est. 2016
Health care, paid by your corporation. Tax-free to you.
Medallion Health administers cost-plus PHSPs for incorporated Canadian professionals. No premiums, no renewal fees, no medical tests. And real people review every claim.
The idea
Stop paying for health care with after-tax dollars
Most Canadians pay for dental, optical, and prescriptions out of pocket: earn the money, pay tax on it, then spend what's left. At a 40% marginal rate, a $3,000 dental bill really costs $5,000 of income.
If you're incorporated, there's a better way. A Private Health Services Plan lets your corporation pay those expenses directly: tax-deductible to the corporation and tax-free to you and your family when the plan meets CRA's conditions. It's a CRA-recognized arrangement, and it's what Medallion Health administers.
See how it works →A $3,000 expense, two ways
$3,000 expense + $2,000 income tax
$3,000 expense + $300 admin fee + $15 GST
Difference: $0 on this one expense, every year you claim.
Who it's for
Built for incorporated professionals
If you run your practice or business through a corporation, a PHSP almost certainly applies to you. Plans cover you, your family, and your employees and their families.
“Most Canadian professionals and business owners pay much more for health and dental services than they need to, simply because they didn't know there was a choice.”
How it works
Three steps, all online
Open your account
A short online application for your corporation (most plans cover just the owner). One-time setup fee of $375 no matter the plan size, waived entirely with a referral code. Your plan takes effect as soon as our staff approve your application, usually within a business day or two.
Submit claims online
Pay for the dental visit, glasses, or prescription as usual, then submit the receipts through your secure portal. No PDFs, no mail. Your corporation funds the expense plus a 10% administration fee.
Get reimbursed, tax-free
A real person reviews your claim. Once approved, the reimbursement lands in your personal account by direct deposit, designed to be a tax-free benefit to you and deductible to your corporation.
Claims paid twice a month by direct deposit · Full details
No premiums · No insurer · No medical questionnaires
You only pay when you use it
A PHSP works differently from group insurance. There's no risk premium baked into the price. That means none of the things that make group benefits expensive for a small corporation.
No monthly premiums
You pay only when you actually use the plan, never for coverage you don't touch.
No annual fees
No renewal charges, no per-employee minimums, no surprise invoices each January.
No medical tests
No underwriting, no health questionnaires, no exclusions for pre-existing conditions.
No restrictions
Any CRA-eligible medical expense qualifies, including health services received outside Canada.
Who's behind your plan
Administered by career accountants and compliance professionals
Medallion Health has administered Private Health Services Plans since 2016, run by the same people who spent decades in accounting, tax, and compliance, and who serve as trustees of the health trust your reimbursements flow through. A real professional reviews every important claim.
Rod Burylo
CIM, FCSI · Canadian Advisor of the Year
Chris Burylo
Retired CPA, CMA · LL.M · Trustee since 2016
Michelle Burylo
Payroll & HR · Trustee since 2016
Trustees since 2016
Named, accountable people rather than a faceless call centre.
Funds held in trust
Reimbursements flow through a dedicated trust account.
Every important claim reviewed
By a qualified professional, not an algorithm.
Why Medallion
High touch, not just high tech
Medallion Health was created by financial advisors and accountants who wanted a better way to make health and dental services affordable for their own clients. That heritage shows: every claim is reviewed by a real person, and when you email us, a real person answers.
The new portal makes submitting a claim take minutes, but going online doesn't mean going self-serve. It's the same people handling your plan, just faster to reach. The judgment behind every claim stays human.
About the firm →$0
Premiums & renewal fees
10%
Admin fee per claim, plus GST
100%
Deductible on a qualifying plan
2×
Reimbursement runs per month
Find out what a PHSP would save you
The calculator takes about a minute. And if you'd rather talk it through, the consultation is free, no obligation.
- Reviewed by people, not an algorithm
- Your data is hosted in Canada
- 2FA on every login
- Administering PHSPs since 2016