“As a manufacturing company with 33 employees, we moved our health & dental benefits from insurance to Olympia’s Private Health Services Plan in February, 2002. Had we had the PHSP in place a year earlier, based on actual claims made with the insurance plan, we would have saved in excess of $20,000! Not only have we saved significant dollars but continue to maintain cost control of the benefits we provide for staff. We like the fact that all expenses are eligible and the claims turnaround time is fast and efficient. We receive regular reports on usage and have found them useful for planning & budgeting purposes.”

“As an Accountant, I specialize in taxation matters. Part of my role in corporate tax planning is to work within the Tax Act and Regulations to find ways to reduce the tax my clients pay. One of the mechanisms I recommend regularly is a Private Health Services Plan. Providing my clients with the option to pay their health care expenses with pre-tax dollars versus after-tax dollars makes a lot of sense. I recommend Olympia Trust as the Administrator for PHSP's. They are the only Administrator that is regulated by the Ministry of Finance, which adds an element of comfort for my clients. In addition, Olympia does a meticulous job of claim processing, reporting and maintaining confidentiality.”

"For most of our clients, tax planning and minimization are key components of a financial plan and with group insurance premiums on the rise, an Olympia Trust PHSP is a perfect fit for the small business/professional corporation. This product has helped our firm retain clients that we ran a risk of losing due to rising group insurance premiums. This is a welcome addition to any financial planning practice."

Aaron D. Fransen, CFP, RHU
Fransen Financial Inc.

"We have utilized the Olympia Trust Private Health Services Plan for the last two years. Our staff like the fact that they can use their health allowance for expenses real to their personal circumstances and don’t face exclusions or partial refunds. We have been pleased with the quick claims processing time as well.

From a business perspective, we maintain control of the cost of our health benefit plan and never have to concern ourselves about premium increases. I have referred several associates to Olympia Trust. A PHSP is part of a smart business plan!"

Gerry Weiler, P.Eng
Weiler Smith Bowers