2 Health Insurance — Private Health Services Plan (PHSP)

harpischord hip hop, drill sertanejo, chillstep chillwave, glitch hop acoustic texas blues · 2:59

Listen on 93

Lyrics

[Verse 1]
When you're incorporated as a consultant today
There's a golden structure that can help you save
Set up a Private Health Services Plan through your corp
Pre-tax dollars flowing, benefits you can't ignore

[Chorus]
PHSP, the magic key
Deductible to company
Tax-free benefits for me and family
Medical, dental, vision care
Massage and mental health to share
Pre-tax corporate dollars, nothing can compare

[Verse 2]
Your corporation pays the premiums each year
Claims and coverage costs, all deductible and clear
While you as the employee receive benefits tax-free
It's the most valuable structure for consultants like me

[Chorus]
PHSP, the magic key
Deductible to company
Tax-free benefits for me and family
Medical, dental, vision care
Massage and mental health to share
Pre-tax corporate dollars, nothing can compare

[Bridge]
Prescriptions and physiotherapy
Paramedical services too
What your family needs for healthy living
This plan will cover you
Corporation gets the deduction
Employee pays no tax
It's incorporated consulting's
Most powerful financial hack

[Chorus]
PHSP, the magic key
Deductible to company
Tax-free benefits for me and family
Medical, dental, vision care
Massage and mental health to share
Pre-tax corporate dollars, nothing can compare

[Outro]
When you incorporate your consulting dream
Remember PHSP, the ultimate scheme
Healthcare benefits through corporate might
Private Health Services Plan, you're doing it right

← 1 Business Insurance (Fully Deductible) | 3 Personal Health Insurance Premiums (Sole Prop) →