An initial Contract Fee of $200 plus GST/HST is charged only once when the The Health Plan (PHSP) is established.
An Administration Fee of 10% inclusive of provincial premium tax, plus applicable GST/HST, is levied against the claim amount submitted only at the time of a premium/claim submission. Thus, if there are no premium/claims submitted there are no Administration Fees payable.
The self-employed individual or the owner of the incorporated business should submit the Contract Fee when submitting the application. As outline above, GST/HST must be added to the Contract Fee.
The Administration Fee should be added to the premium/claim at the time of submission of the premium/claim and GST/HST must be added to the Administration Fee.
Please refer to the claim form for more instructions.
The $200 initial Contract Fee and ongoing Administration Fees inclusive of applicable taxes are deductible as business expenses.