The Federal Government is considering taxing your health and dental benefits. This means hundreds or thousands of dollars added to your tax bill when you file! It also means that Canadians may be at risk of losing their coverage if their employer can’t afford to keep them insured.
These plans provide preventive care not covered under your provincial health services, including prescription drugs, vision care, mental health services, dental care, nutrition counselling, and musculoskeletal care. All this is at risk!
Without proper health care benefits, more Canadians will enter the public system with greater health needs, driving up costs.
The Federal Government needs to hear from Canadians that taxing these essential health benefits is a bad idea, and the negative effect this could have on middle class Canadians and their families.
Taking needed care away from millions of Canadians is not the way to address fairness and equity.
When a similar tax was introduced in Quebec, 20% of employers dropped health and dental benefits for employees. Studies suggest the removal of this tax benefit across the board could result in a decrease of 50% of small firms who will be able to offer health benefits.
If benefits were to be taxed, fewer employers of all sizes would offer benefit plans, and many would reduce coverage.
That puts millions of Canadian families at risk of losing their benefits entirely if this tax were to be introduced.