Benefits for You
Prioritize your health with coverage that works on your terms. Whether you’re self-employed, between jobs, or simply need a plan that matches your lifestyle, our individual benefits are built to provide flexibility, ease, and value.
Individual Plans
Health coverage shouldn’t be one-size-fits-all. Our individual plans are tailored for small business owners without employees, self-employed individuals, and those in transition between jobs. With a range of options, you can choose the protection that fits your needs today and grows with you tomorrow.
Health Spending Accounts
Self-employed business owners with a corporation or Sole Proprietors with at least one arms length employee are able to take advantage of Health Spending. Health Spending allows a Corporation to write off medical expenses through the business. Creating a tax-efficient way to use corporate dollars for medical expenses.
Contact a Summit Benefit Broker
Want to chat benefits or get a quote? Submit a request, and one of our Brokers will reach out.
Individual Plans
Alberta Blue Cross offers reliable, flexible health and dental coverage for individuals and families—whether you’re self-employed, retired, or between jobs. Choose from a range of plans that help cover prescription drugs, dental care, vision, paramedical services, and more. With no medical questions for many options and the trusted name of Alberta Blue Cross behind you, it’s a simple way to protect your health—and your budget.
Blue Cross provides options through their Blue Choice program which is medically underwritten and their Blue Assured program that is guaranteed issue.
Both options allow you to choose the coverage that is right for you.
For more information on the Blue Cross programs, please reach out to our office. We can show you the plan designs available with both programs, help you get a personalized quote, and make a decision on what is right for you.
Manulife offers a wide range of individual health and dental plans designed to fit your lifestyle and budget. Whether you’re self-employed, retired, losing group benefits, or just looking for personal coverage, Manulife has options that include prescription drugs, dental care, vision, travel insurance, and more. With flexible choices and the backing of one of Canada’s most trusted insurers, you can get the protection you need—on your terms.
For more information on Manulife Individual plans or to get a quote, please contact our office.
Health Spending Accounts
A Health Spending Account (HSA) is a special benefit that lets incorporated business owners use pre-tax corporate dollars to pay for personal health and dental expenses. It’s a tax-free reimbursement for you and a tax-deductible expense for your business. Think of it like your own custom benefits plan—with more control.
- You choose how much your business will allocate per employee (e.g. $2,500)
- You pay for an eligible medical or dental expense out of pocket
- You submit the receipt to your HSA provider
- The expense is adjudicate to confirm it is eligible under CRA guidlines
- You are reimbursed the total amount of the expense – 100% tax free from your HSA balance
No co-pays, no complicated forms, just simple and fast reimbursements
Health Spending Accounts can be setup with a third party provider or they can be self managed in house.
Third party providers typically charge a percentage of claims as a fee for the company. This amount is subject to GST. This amount can be written off similar to any amount used to pay claims.
To qualify for Health Spending you need to either:
- Have an incorporated business which actively employees you (owner-operator pulling a T4)
- Be a sole proprietor with at least 1 arms length employee
Employee’s spouses and dependents can be added to the plan.
Health Spending can be used for qualifying expenses as defined by the CRA. The general rules of thumb are anything covered under the METC or that is medical and not cosmetic. Popular expenses include:
- Dental work (cleanings, fillings, orthodontics)
- Prescription Drugs
- Vision (glasses, laser eye surgery, contacts)
- Paramedical Services (massage, Physio, Chiro)
- Mental health Support