Health and Welfare Trust (HWT)  Private Health Services Plans (PHSP)

Best for groups of 1 to 3Private Health Services Plan

Health and Welfare Trusts, also known as Private Health Services Plans (PHSP), or Health Spending Accounts (HSA), are government-created tax shelters designed to allow small businesses to pay for medical expenses with before-tax dollars.

Health and Welfare Trusts are not insurance. Each employee is provided with a special bank account which they can use to pay for medical or dental costs. This bank account is 100% funded by the employer. Benefits paid out through a Health and Welfare Trust are deductible to the employer and non-taxable to the employee.

If you are self employed, incorporated or not, and you incur medical costs such as prescription drugs, eye glasses, dental expenses, etc., you need a Health and Welfare Trust. Stop paying for your medical expenses with after tax dollars!

Contact us to see if an HWT or Private Health Services plan would be right for your organization: 1-888-592-4614. In Victoria: (250) 592-4614


+ More Information

More info about Health and Welfare Trusts (PDF) from HMR Insurance in Victoria

Expenditures that are covered by an HWT insurance plan (PDF)


HMR Employee Benefits Ltd. 206-2187 Oak Bay Avenue - Victoria , BC V8R 1G1 PHONE: (250) 592-4614 - TOLL FREE: 1-888-592-4614 Fax: (250) 592-4953 - EMAIL:
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