The Vantage Health Plan provides employee benefit coverage for a  broad range of global health expenses. Contact us today for more information.

Large organizations, professional corporations, and small business owners use our Health Plan to provide comprehensive health, dental and vision care benefits to both employees and their dependents on a tax-free basis. While providing these flexible benefits, this plan also allows the employer the full ability to utilize these as tax-deductible business expenses.

Health Plan Advantages

Eligible Health Expenses

Who Provides the Health Plan Administration?

As an employee benefit plan administrator, Vantage Benefit is under special contract to many large and small organizations across Canada to oversee and manage their health services plans. As part of this process, we adjudicate all employee health care claims to ensure full compliance with the Canada Revenue Agencies requirements. Some of these regulations are very stringent and a failure to meet these requirements may result in the disqualification of all company claims. At no charge to you, we will speak directly to the CRA on your behalf if a dispute should arise concerning your plan. We also ensure these claims are in-line with the company’s own internal policies and spending limit authorizations.

Who is Eligible to Enroll in Our Health Plan?

Any organization that has employees and dependents as defined in the Income Tax Act of Canada. The definition of dependent under our plan is much broader than most traditional dental or extended health care providers.

Health Plan Advantages - What are the Benefits to Company Employees?

Many Canadian organizations face numerous challenges that prevent them from offering health plans to their employees. Our plan provides organizations with the ability to attract, compensate and retain their valued employees.

• Increased choice – virtually every employee health, medical, prescription drugs, eye care, and dental service is covered. There are significant choices on the types of benefits that employees are eligible to claim each year (i.e. chiropractor, massage therapy, laser eye surgery, dental surgery, etc.)
• Increased flexibility – there are no specific dollar limits, deductibles or percentage coverage restrictions per type of service. 
• There is no employee paid premiums or ongoing maintenance fees.
• Expense claim reimbursements are non-taxable to the employees, their spouses or their dependents.
• Our health plan allows employees with pre-existing medical conditions to participate; no medical insurance testing required.
• The privacy and confidentiality of our client’s records are strictly enforced.
• We make our plan convenient to establish and we manage the ongoing administration.
• Your employer pays only when you use the plan.
• Flexible compensation is regarded as innovative, responsive and leading-edge
• Employees appreciate flexibility which ultimately leads to higher job satisfaction.

 What are the Advantages for the Organization?

Many Canadian organizations face numerous challenges that prevent them from offering health plans to their employees. Our plan provides organizations with the ability to attract, compensate and retain their valued employees. 

• Increased choice – virtually every employee health, medical, prescription drugs, eye care, and dental service is covered. There are no limitations on the types of benefits that employees are eligible to claim each year (i.e. chiropractor, massage therapy, laser eye surgery, types of dental surgery, etc.).
• Greater flexibility – there are no specific dollar limits, deductibles or percentage coverage restrictions per type of service. 
• As an employer, you only pay for actual employee claims and not the fixed monthly premiums that may continue to increase each year.
• Employee Health Plan expenses become tax-deductible for the organization and are a non-taxable benefit to the employees. 
• We make our plan easy to establish and we manage the ongoing administration.
• Our plan allows the company to effectively budget and manage employee health benefit costs.
• Annual employee benefit coverages are convenient to administer and can be factored into the total compensation package.
• Our plan allows employees with pre-existing medical conditions to participate.
• The privacy and confidentiality of our client’s records are strictly maintained. As a third-party provider, claim information is strictly confidential and not shared within the organization. 
• As an independent third-party provider, we adjudicate all employee health care claims to ensure full compliance with the Canada Revenue Agency (CRA) requirements. We also ensure these claims are in-line with the company’s own internal policies and spending limit authorizations.

Eligible Health Expenses

With today’s ever-increasing medical, prescription, vision and dental costs our health plan is an ideal way to maximize tax deductibility, customize flexible benefits and reduce costs. 

You may claim any item or service allowed under the Income Tax Act of Canada as a medical expense. Our plan permits all allowable expenses that qualify as medical expenses pursuant to Section 118.2(2) of the Income Tax Act. You may even claim for unpaid balances or expenses not currently covered under your or your spouse’s existing benefit plans. Eligible expenses also include the payments paid by the employer to our Vantage Health Plan.

Here is a general list of some of the eligible expenses:

• Professional Services
• All Dental Services
• Prescribed Vision Care
• Medication and Prescription Drugs
• Hospital Services
• Prescribed Medical Treatment
• Laboratory Examination and Tests
• Other Expenditures