Health Spending Accounts for small business are a versatile alternative to traditional health insurance plans. One of the key benefits of the Health Spending Account is the 100% coverage on eligible medical expenses.
Under a Health Spending Account, you are not restricted to a certain amount and have access to a wide range of eligible expenses without co-payments, deductibles, or premiums.
Baby Breathing Monitor – monitor must be physically attached to the infant to sound an alarm if the infant stops breathing. Must have a medical practitioner certify in writing that the infant is at risk of sudden infant death syndrome for this to be eligible. Only the breathing monitor is eligible, no additional accessories such as video monitors are eligible.
Devices designed to assist a person to use bathtubs, showers or toilets
Devices designed to assist walking where the individual has a mobility impairment
Devices designed to enable individuals with a mobility impairment to operate a vehicle
Devices used by individuals suffering from chronic respiratory ailment or a severe chronic immune system deregulation
Electronic or computerized environmental control systems for individuals with severe and prolonged mobility restrictions
Electronic speech synthesizers for mute individuals
Equipment that enables deaf or mute persons to make and receive telephone calls including visual ringing indicators, acoustic coupler, and teletypewriter.
External breast prosthesis
Extremity pumps or elastic support hose to reduce lymph edema swelling
Heart monitors or pace-makers
Hospital bed, if required in-home
Inductive coupling osteogenesis stimulator
Monitors attached to babies identified as being susceptible to Sudden Infant Death Syndrome (SIDS)
Optical scanners or similar devices for a blind individual to enable him/her to read print
Orthopaedic shoes or boots
Power operated guided chair installation for stairways
Power operated lifts and transportation equipment designed to allow access to buildings, vehicles or to allow wheelchair access to a vehicle
Rehabilitative therapy, lip reading and sign language training
Synthetic speech systems, Braille printers and large printon-screen devices that enable blind persons to utilize computers
Specially trained animals to assist blind, deaf, or severely impaired persons, including the cost of its care and maintenance
Television closed caption decoders
Wigs if required as a result of disease, accident or medical treatment
Artificial eye or limb
Artificial kidney machine, including installation and operating costs
Basic cost of Medic Alert jewelry
Bone marrow transplant
Brace (limb or spinal)
Catheters, catheter trays, tubing,adult diapers and disposable briefs required by incontinent persons
Devices to aid the hearing of a deaf person including bone-conduction telephone receivers, extra-loud audible signals and devices to permit volume adjustment of telephone equipment above normal’ levels
Fertility treatments (such as IVF)
Hearing Aid batteries
Home-maker service & Home care (attendant must be a non-relative – only eligible when other household members are physically incapable of home care)
Insulin or substitutes
Laryngeal speaking aid
Lasik eye surgery
Liver Extract – inject-able for pernicious anaemia
Operating room fees
Prescription birth control pills & devices
Prescription drugs (note: medical marijuana is eligible only for medical use when prescribed by a medical practitioner and purchased from one of the Health Canada's licensed producers)
Prescription glasses / contact lenses
Private/Semi-private hospital room fees
Reasonable costs for adapting a residence to accommodate a disabled person (ex: wheelchair ramp, lifts, bath facilities, etc)
Rocking bed for polio patient
Spinal fluid tests
Vitamin B12 – for pernicious anaemia
Weight loss programs - Under the supervision of an MD, Medical Doctor's prescription required
Watch this video for a quick overview of eligible expenses.
Travel Expenses Medical expenses incurred while travelling may be eligible if you do not have alternate insurance, or if the service is not readily available in your locale. Travel must be necessary for services or expenses to be eligible and may include mileage, meals, accommodations, etc.
Air Cleaners – must be prescribed by an MD for a respiratory problem.
Air conditioners, humidifiers/dehumidifiers, cooling units-eligible if accompanied by a detailed letter from an MD stating it is required for a medical condition.
Athletic therapy – must be performed by an MD
Physiotherapist, or Registered Massage Therapist
Biofeedback – must be performed by a qualified medical practitioner (ex: MD, RN, ND, DC, R.Ac)
Botox injections – eligible with a Doctor’s note stating medical necessity.
Circumcision – must be performed by an MD
Clinical Hydrotherapy – must be prescribed by an MD for arthritis or musculo skeletal disorder.
Cord Blood Collection – qualified only when detailed letter by MD is provided that outlines the procedure is for testing purposes only.
Cosmetic Surgery – Must be for medical or reconstructive purposes and not to purely enhance appearance. A Medical Doctor’s note is required.
For an incorporated single person business (with/without spouse):