Frequently Asked Questions

Q:

I am a Sole Proprietor and plan to open a Solutions Plan. I have an expense coming up that will exceed the $1,500 yearly limit. Can I carry forward that deduction?

A:

Yes, you can submit an eligible expense over multiple years until it is fully reimbursed.

Q:

My Spouse has health benefit coverage through her employer. Can I deduct the eligible expenses that are not covered by her plan under your Solutions plan?

A:

Yes, your Solutions plan is supplementary to your wife's benefit plan. Once you receive the statement from her insurance company indicating the amount that was not covered by her plan, you simply send that insurance carrier's EOB statement to Imax. You will be reimbursed for the disallowed amounts under the spousal plan.

Q:

Are vaccinations for travel overseas an eligible expense under Solutions

A:

Yes, provided they are delivered by a nurse or doctor licensed in your province.

Q:

If employees travel to foreign countries, are the premiums for travel medical insurance a deductible expense under Solutions?

A:

Yes, Travel Insurance for personal injury or medical expenses is an eligible expense

Q:

Are cosmetic dentistry and other elective procedures such as Laser Eye treatment eligible?

A:

Yes, as long as the procedure is provided by a medical practitioner.

Q:

In order to provide eligible services, what is the definition of a medical practitioner?

A:

A medical practitioner is an individual registered as such by the appropriate Provincial governing body for that profession, such as a College or Association. Further clarification is provided under Income Tax Folio 1 Health & Medical.

Q:

Do you have any references available from existing Customers using Solutions?

A:

Yes, on our web site menu bar under References we have a small number of customers listed for both Alberta and British Columbia that have agreed to provide references.