The PHSP is the perfect plan for self-funding employer & employee healthcare expenses. This is a ‘pay-as-you-claim’ plan in which an employer-funded flexible benefits plan is used like a bank account to pay for 100% of all eligible medical expenses, tax-free.

Premiums are not required as the PHSP participant starts each plan year with a designated number of dollars in an Employee Health Spending Account (EHSA) as determined by the plan employer.

One of the many benefits of this type of health plan is that there are no health qualifications or waiting periods to start using the plan.

If you think this might benefit you or your business, please call our office to discuss how to get started.

Insurance products available through IPC Estate Services Inc.