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Provide valuable, diverse coverage to your employees and their dependents without the fear of annual premium increases.

Why over 45,000 small business owners and 100,000 employees love Olympia

Flexibility

Break free of restrictions and get a Health Spending Account with no deposit requirements or per claim fees.

Security

Gain from our standing as a transparent and regulated public company

Amazing Support

You're in good hands with the most experienced team in the industry

The Olympia HSA at a glance

Company Advantage

Get cost control
and plan design

Employee Advantage

Get flexible
healthcare dollars

Customization

Design your
company program

Direct and online support

Experience
world class support

Insurance Enhacements

Protect your
staff

Catastrophic Drug Insurance

Shield yourself
from tragedy

Company Advantage

Write off your medical expenses

Give your company an advantage by using the Olympia HSA to pay your medical expenses in the most cost-effective way possible.

Employee Advantage

Get Flexible healthcare dollars

Give your employees the freedom to spend healthcare dollars where they are most needed.

Customization

Design your company program

Take control and get a program that works best for your company dynamics.

Direct and Online Support

Experience World Class Support

Get expert assistance at your fingertips.

Olympia is committed to providing a people-first approach to our clients to assist you and your employees with any questions.

Once your plan is in place you will all have access to our friendly and knowledgeable Customer Care Specialists.

Insurance Enhancements

Protect Your Staff

Get complete protection within your province or while travelling.

Adding comprehensive coverage for medical emergencies at home and abroad is quick, easy and affordable with the Olympia HSA Group.

Catastrophic Drug Insurance

Shield yourself from tragedy

A sudden diagnosis of a medical condition can be stressful and expensive.

Get coverage for prescription drug costs that can get out of hand.

How does a claim work?

Step 1 — Employee pays for $100 medical expense upfront.

Step 2 — Employee logs in to personal HSA account and submits a claim online. Employee keeps original receipt.

Step 3 — Olympia debits Employer funding account $108. (Cost + 8% Admin Fee)

Step 4 — Olympia reimburses employee $100 directly by online banking. The process occurs within 24 hours.

The $100 reimbursement is tax free.

The $100 payment from the business is tax deductible.

The Top 22
FAQ on
Health Spending Accounts

Read the FAQ

Affordable Pricing

One Time Fees

$335 setup *

$40 per employee

Ongoing Fees

$99 annual fee

8% per claim

Optional Insurance Products

Insurance Product Up to age 54 55-69 0-69
Medical Travel* $174 $305  
Emergency Medical*     $90
Catastrophic Drug*     $66

* HSA taxes vary by province.

Sharpen your understanding of
Health Spending
Accounts

Group Health Insurance vs Health Spending Accounts

Explore these options for small business owners and learn the key differences.

Discover background information on health insurance and gain perspective on insurance issues facing small business owners.

The beginner's guide to health spending accounts

Get an introduction to Health Spending Accounts and discover why they have become a viable and cost effective alternative to traditional health insurance.

See how an HSA saves the business owner money through cost control.

The Complete Olympia
HSA Group Walkthrough

Get a complete description of Olympia's Health Spending Account.

See how the plan works, the plan options available to you, and how your employees can make a claim.