Small business health insurance for one person businesses in Canada

[@Pignatius27]

Hey Nick! You did a good job summarizing. I don't think you mentioned the fact that under many insured plans, you have to provide medical evidence, so you can be declined or rated, or have exclusions. I think sometimes you may even have to do a medical? One way I like to position insurance is that you pay for it and hope to never have to use it. Which is why I don't like insured plans, in the same way I don't pay for extended warranties (in the vast majority of cases - but I understand everyone has a different risk profile). It's a very minor thing, but you said the HSA is second payor, I just always call it last payor, since sometimes there are multiple defined benefit plans that would go before the HSA. You may want to have another, shorter video, less in-depth. I think it's great that you do these.

[@theangrycanuck8331]

I can't find your third option. I see PHSP's, and HSA's for incorporated; but I can't find the "unlimited spending account" for both incorporated and Sole Props

[@nbarry2346]

Good video. I have blue cross which went up quite a bit and don't use it very much. Is your second plan available to sole business operators without incorporation?

[@nickgodfreyinsurance472]

Healthcare spending accounts are only for incorporated businesses