1. nbBenefits OWNERS & CORPORATIONS BUSINESS OWNERS & CORPORATIONS

2. Health Spending Account What is it? A method to provide health benefits for business owners and their staff

3. Topic of Discussion Who is eligible? Benefits Costs to Employer Compensation for You

4. Eligibility Self-employed, Incorporated, Limited Companies or Charitable Organizations Employee Size (1 or more) For employees and their dependents.

5. 1) Incorporated Businesses Provide tax free health benefits to owners and their employees Costs are 100% tax deductible to the business The company designs the plan.

6. Health and Dental Plan No physicals, No age limits and No pre-existing condition exemptions Pay as you go – no monthly premiums required Plan can be modified specifically to an employee and their dependents’ health care needs.

7. Benefits for a Business Employer sets benefit level Benefit levels may vary by job classification, reducing overall costs Can provide employees with a tax- free top up to their existing health plan Can be offered as an incentive to different levels of employees

8. Employee Benefits Covers 100% Revenue Canada Approved Medical and Dental Expenses including: Laser eye surgery Glasses Orthodontics Prescription drugs Naturopathic Alternative treatments and more

9. Employee Health & Dental Benefits Adds Health spending $$ to employees’ current health plan. Recover premiums from existing health plan coverage Claims are processed online or through iphone or Android APP’s & paid quickly A Great Tax Planning Tool!

10. Employee Wellness Benefits Adds Wellness & preventative care $$ to employees’ current health plan Employer designs the plan but Employee can allocate per year the % & Type of Benefits for their personal use Eg. – Daycare, Gym membership, Alternative Health Care, Personal Development Courses, Fitness Training, Equipment Benefits are taxable to the employee, however, provide an excellent value to employee retention while they stretch the employees’ $$

11. BUSINESS OWNER VS EMPLOYEE EMPLOYEE INCOME TAX EXPENSES NET INCOME BUSINESS OWNER REVENUE EXPENSES TAX NET INCOME 11

12. Employee has a $3000 Dental Expense WITHOUT HEALTH PLAN $5000 Salary Less $2000 Taxes (40%) = Net Salary $3000 Employee pays the Dentist No Re-imbursement!!! WITH HEALTH PLAN Employee pays Dentist Submit Expense receipt Company pays Plan Provider 110% of expense = $3300 Employee is reimbursed $3000 Tax Free!

13. 2) SELF – EMPLOYED (no corporation) Limited to $1,500 benefit per adult and $750 per child (under age 18) Catastrophic + Emergency Travel Insurance $105/year mandatory

14. Costs Set-up Fee $290 + $40 per employee + GST Catastrophic & Travel $8.95/month Expense Cost + 10% + GST

15. Compensation to Field nbBenefits HSA 50% ( $290 + $40 per employee) + 3% claims submitted by the employees, then it goes through the Grid Referrals may be made to specialists and compensated for those referrals

16. PRACTICE FINANCIAL MANAGEMENT PROTECTION FUND DAILY SAVINGS VACATION FUND CASHFLOW EQUALIZER GROWTH FUND 16

17. Key Person Insurance Key Person Insurance Universal Life Insurance Universal Life Insurance Split Dollar Critical Illness Insurance Split Dollar Critical Illness Insurance Buy Sell Agreements Buy Sell Agreements Disability Insurance Disability Insurance You Die I Buy, I Die You Buy Provides $$ To Keep Company Running in case of Death or Disability Coverage Today, Use Your $$ Tomorrow Monthly $$ If Hurt Or Sick Survive and have $$ Company Still Thrives

18. Group Benefits Health Plans Health Plans Contingency Fund Office Overhead Office Overhead Debt Management Debt Management Succession Planning Succession Planning

19. Mortgage Brokers Mortgage Brokers Home & Auto Insurance Home & Auto Insurance Banker Succession Plan Specialist Succession Plan Specialist Investment Broker Investment Broker Tax Planning Specialist Tax Planning Specialist Accountants Estate Planning Specialist Estate Planning Specialist Insurance Broker Insurance Broker BUSINESS OWNER BUSINESS OWNER RELATIONSHIP MARKETING 19

20. Additional Benefits nbWorkshops – Traditional Health & Dental Insurance Individual & Group plans are available Eg. Group Home & Auto Insurance Additional Benefits to follow - keep watching

21. nbBenefits Mastermind Group nbTV beginning March 27 th time to be determined Group across the country to work together to roll this program out Product providers will be available for training and to answer questions Marketing material will be developed or is readily available

22. Together, We are the Best

23. COMPARISON OF TRADITIONAL PLANS VS PHSP COST FAMILY OF 4 TRADITIONAL INDIVIDUAL PHSP GROUP PLAN PLAN EXPENSES $212.09/MO $262.80/MO $2,545.04 $3,153.60$1,494.45

24. HEALTH EXPENSES EXTENDED HEALTH $1,528.40 DENTAL$1,016.64 Annual $2,545.04 Monthly $212.09 Cover Me Enhanced Plus Plan Monthly $262.80 Annual $3,153.60 Actual Costs DENTAL EXPENSES $750.00 DRUGS $600.00 $1,350.00 $144.45 $1,494.45