Olympia Health Spending Account Blog

Why Businesses Should Provide Health Benefits for Employees in Canada

by K. Fry

May 25, 2016 9:54:29 AM

As companies look to reduce costs, more employees are being hired as freelancers or on contract.

The upside is that it provides businesses with flexibility and they can avoid offering costly benefits. For employees, however, the lack of benefits can be a major issue because they’re a form of compensation beyond hourly wages or salaries.

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Topics: hsa, health benefits, small business in Canada, small business, entrepreneur, healthcare, business in canada, Canadian entrepreneur, group insurance, self employed, business owner, health insurance, health spending account, canadian business, group health insurance, group benefits, small business owner, health and dental expenses

Discover the Tax Advantages of Incorporating in Canada

by K. Fry

May 24, 2016 9:26:41 AM

Incorporating your business may lead to lower taxes depending on your particular situation and on the province in which you operate.

Once the business generates more income than you need for your living expenses, incorporating can save you money.

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Topics: hsa, small business in Canada, small business, entrepreneur, healthcare, incorporation, incorporating, business in canada, Canadian entrepreneur, self employed, business owner, health insurance, health spending account, canadian business, incorporating in Canada, tax benefits, tax advantages

8 Powerful Insurance Broker Sales Tips for Closing Deals

by K. Fry

May 20, 2016 9:48:46 AM

Whether you sell life insurance, mortgage protection, disability and critical illness insurance, or Health Spending Accounts, the goal is the same: grow leads and increase sales.

The good news is that you are in a sales career that offers multiple ways to grow your business relatively inexpensively. Here are 8 powerful insurance broker sales tips that will assist you in closing deals.

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Topics: financial planners canada, canadian finance, discover the secrets, professional financial advice, financial planning, success secrets, advisors, canada finance, canadian advisors, financial planners, insurance broker, closing sales, insurance strategy, closing deals, insurance sales

6 Eligible HSA Expenses You May Have Overlooked

by K. Fry

May 19, 2016 10:24:58 AM

All qualified medical expenses are permitted to be claimed under a Health Spending Account (HSA) and these include things most people would expect: prescription drugs, dental care, and eye care.

However, some medical expenses that might often be overlooked may well be eligible HSA expenses for some people and not others depending on the facts and circumstances in each case.

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Topics: hsa, health benefits, small business in Canada, small business, entrepreneur, healthcare, business in canada, business success, dental coverage, Canadian entrepreneur, eligible heath costs, eligible HSA costs, health spending account, HSA coverage, eligible HSA expenses, eligible expenses, HSA expenses, eligible health expenses

Here's Why Diversification is a Key Strategy for Small Businesses

by K. Fry

May 18, 2016 11:55:28 AM

“Don’t put all your eggs in one basket."

For many small businesses, it’s advice that should be taken quite seriously--especially in this digital age when product life cycles and customer sensibilities change relatively quickly.

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Topics: hsa, small business in Canada, small business, entrepreneur, healthcare, business in canada, Canadian entrepreneur, self employed, business owner, health insurance, health spending account, canadian business, business diversification, business strategy, diversify, diversification

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