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Products & Services

Here you will find a list of the latest products and services offered by Canwest Group.  If you are looking for a particular product or service that is not listed or just need more information, please don't hesitate to contact us and one of our representatives will be glad to help.

 

Cost Plus is a Private Health Services Plan (PHSP) that provides 100% health and dental and vision coverage.

This plan can be a “stand alone” plan or can be used to supplement existing health and dental plans.

Cost Plus is a “pay as you go” plan.  Premiums are not charged monthly but on a “per claim” basis. 

Cost Plus covers all health-related expenses eligible as defined under Subsection 118.2(2) of the Income Tax Act (or IT 519R2). 

 

The employer sets the level of coverage for the employees.  This can be based on position with the company, length of employment, etc.  This limit can be changed yearly.  There is no statutory limit for the amount of medical/dental expenses that can be reimbursed but must be reasonable in order to be deductible.

 

You pay for your health and dental expenses as you normally would.  This plan only accepts paid receipts.

Your business then pays Canwest Group Benefits Inc (plan administrator) payment to cover the health and dental expense plus a 10% administration fee (both of which are tax deductible).  Canwest Group Benefits Inc then provides the claimant with a tax free reimbursement of the health and dental expenses incurred.

Employees manage this plan themselves – they decide which health and dental benefits they want to claim through the plan up to their annual maximum.    Once they have used up their annual maximum, claims cannot be carried over to the following year.

There is no enrollment fee or monthly premiums to pay.

Note:  If you are unincorporated and make more than 50% of your income from self-employment, you may still use Cost Plus up to $1,500 for you and your spouse, and up to $750 per child. 

 


LIST OF ELIGIBLE EXPENSES

 

WHAT IS COVERED

 

 

The list of Allowable Expenses is not comprehensive and is subject to change at any time without notice.  This information does not supersede information or decisions rendered by Canada Customs and Revenue Agency (formerly Revenue Canada).

 

Under the Cost Plus plan, participants can be reimbursed for medical related expenses not covered by provincial health care or an employee's health and dental plan.  Any medical related expense which could be used to meet requirements for deductibility on a participant's personal income tax return (in accordance with the Income Tax Act) is eligible for reimbursement.   The expenses must qualify for reimbursement for an “eligible medical expense” as defined under subsection 118.2(2) of the Income Tax Act (or IT 519R2), which includes many items not covered by most traditional medical and dental insurance plans.

 

Premiums for Health Care Plans

Premiums paid to any non-governmental medical, dental or hospital care plans.  Example:  Alberta Blue Cross, Great West Life, Canada Life, etc

 

Note:   Premiums for Alberta Health Care (AHC) or any other Provincial Health Care Plan are not eligible expenses.

 

PROFESSIONAL SERVICES

 

Any service performed by a licensed qualified medical practitioner, including, but not limited to the following:

Profession Province
  AB BC MB NB NL NS NT NU ON PE QC SK YT  
Acupuncturist                  
Audiologist            
Chiropodist                      
Chiropractor      
Combined lab & x-ray technologist                          
Counselling therapist                          
Dental assistant              
Dental hygienist  
Dental nurse                          
Dental technologist          
Dental therapist                  
Dentist  
Denturist, dental mechanic, denturologist  
Dietician        
Emergency Medical Technician                    
Hearing aid practitioner                  
Kinesiologist                          
Licensed or registered practical nurse  
Marriage and Family therapist                          
Medical laboratory technologist            
Medical radiation technologist                
Midwife        
Naturopath                
Occupational therapist        
Ophthalmic medical assistant                        
Optician        
Optometrist  
Pharmacist  
Physician  
Physiotherapist or physical therapist      
Podiatrist              
Professional technologist In orthoses/prostheses                          
Psychological associate                      
Psychologist    
Registered massage therapist or massage therapist                    
Registered nurse (inc nurse practitioner)  
Registered nursing assistant                      
Registered nutritionist                    
Registered psychiatric nurse                  
Respiratory therapist            
Sexologist                          
Social worker        
Speech language pathologist            
Surgeon  
Traditional Chinese medicine practitioner                        

 

Note: A qualified medical practitioner means a person who is authorized to practice in accordance to the laws of the province and is certified according to the practitioner's governing body.

 

DENTAL SERVICES

 

Any service performed by a qualified licensed practitioner, including but not limited to the following:

Dental X-Rays Extracting Teeth Orthodontics
Denture Repairs Filling Teeth Crowns & Bridgework
Denture Replacement Gum Treatment Dental Implants
Dental Examinations Oral Surgery Dentures

 

LABORATORY EXAMINATIONS, TESTS AND HOSPITAL SERVICES

 

Any service performed by a licensed medical practitioner, including but not limited to the following:

Blood Tests X-Ray Examinations EKG
Urine Tests Anesthestist Use of Operating Room
Spinal Fluid Tests Vaccines Stool Examination
X-Rays & Lab Fees Metabolism Tests  

 

MEDICINES & MEDICAL TREATMENTS

 

Must be prescribed by a licensed medical practitioner and dispensed by a licensed pharmacist or licensed medical practitioner as part of their medical services:

All Prescription Drugs
All Non-Prescription Medicines (over the counter) that are prescribed by a medical practitioner and recorded and issued by a licensed pharmacist at a pharmacy.

Audiology Tests & Treatments Insulin & Insulin Supplies Oxygen & Equipment
Blood Transfusion Radiation Therapy Whirlpool Treatments
Organ Transplants Speech Pathology Hydrotherapy
Vein Removal Nursing Services by RN  

 

PRESCRIBED MEDICAL MATERIALS & APPARATUS

 

Must be prescribed by a licensed medical practitioner and dispensed by a licensed pharmacist or licensed medical practitioner as part of their medical services:

  • Breast prosthesis
  • Infusion Pumps
  • Devices for Mobility Impairment
  • Orthopedic Shoes & Boots
  • Devices for Bathtubs, Showers & Toilets
  • Power Operated Vehicles
  • Extremity Pumps
  • Synthetic Speech Systems & Braille Printers
  • Glasses / Contact Lenses
  • Hospital Beds at Home
  • Wigs required as a result of cancer treatments
  • Laser Eye Surgery
  • Medical treatment

 

VISION COVERAGE

 

Must be prescribed by a licensed medical practitioner and dispensed by a licensed pharmacist or licensed medical practitioner as part of their medical services:

  • Eye Glasses
  • Laser Eye Surgery
  • Contact Lenses


MEDICAL MATERIALS & APPARATUS NOT REQUIRING PRESCRIPTION

 

Any materials or apparatus paid to a doctor, nurse or hospital

  • Braces
  • Hearing Aids, Audible Telephone Systems
  • Catheters
  • Artificial Limbs
  • Colostomy / Illestomy Pads
  • Blood Sugar Measuring Devices
  • Wheelchairs
  • Crutches

 

OTHER EXPENSES

 

Must be prescribed by a licensed medical practitioner and dispensed by a licensed pharmacist or licensed medical practitioner as part of their medical services:

  • Ambulance Charges
  • Home Maker Services & Home Care (No Relatives )
  • Prescription Birth Control Pills
  • Specially Trained Dogs for Blind / Deaf / Impaired
  • Transportation & Accommodation Costs to Doctor or Hospital if not available locally (some restrictions)
  • Co-Insurance and Deductibles for medical expenses not paid or reimbursed by Employee Benefit Plans

 

WHAT IS NOT COVERED

 

  • Air Conditioner, Humidifiers, Dehumidifiers, Air Cleaners
  • Personal Fitness Trainers
  • Health / Fitness Programs offered by Resort Hotels or Health / Fitness Clubs
  • Illegal Operations, treatment or drugs
  • Maternity Clothes
  • Medical Expenses reimbursed from other benefit plans
  • Special Foods unless for treatment of medical condition and prescribed by a medical practitioner
  • Non prescription sunglasses / clip-ons
  • Acupuncture Treatments if they are not performed by a licensed physician
  • Scales for weighing food
  • Toothpaste
  • Non prescription birth control devices
  • Take home bleaching kits (dental)
  • Expenses incurred for purely cosmetic procedures (including related services and other expenses such as travel).  This generally includes surgical and non-surgical procedures purely focused on enhancing one’s appearance such as liposuction, hair replacement procedures, Botox injections, and teeth whitening


**PROVINCIAL HEALTH CARE PREMIUMS ARE NOT ELIGIBLE

SPECIAL NOTE:

This is not a complete list of all eligible expenses, it is intended to provide a guideline and examples of commonly claimed medical expenses.

The final authority for Income Tax purposes is Canada Customs & Revenue Agency - (CCRA).

Please refer to Section 118.2(2) of the Income Tax Act for a complete list of expense coverage.

 


WHO IS ELIGIBLE?

 

SHAREHOLDERS:

Shareholders are eligible; however, if the plan is made available only to shareholders, CCRA may argue that the plan is not a benefit received by virtue of employment but rather an appropriation by a shareholder.

 

EMPLOYEES:

For an individual to receive tax free health and dental benefits for an employer, Revenue Canada must define them as an employee. If one of the following answers to the questions below is “yes”, then the person is an employee.


1. Does the individual collect a wage, salary, fees or bonus?
2. Does the corporation (employer) remit payroll taxes (income tax and CPP) on behalf of the individual?
3. Are payments made to the individual deductible from the corporation’s (employer’s) income? (IE. management fees, wages, salaries, bonuses)