Featured Article Health Spending Accounts: A Tax-Free Solution Every year, Health Spending Accounts (HSA) save small business owners thousands of dollars when paying for their health and dental expenses. The HSA is a tax-free benefit that can be used to pay for a wide range of eligible expenses, over and above regular benefit plans. Our HSA's are administered... September 19, 2024
How an HSA can help expedite a medical procedure The shortcomings of the Canadian health care system became painfully evident when I was faced with the issue of plugged ears from a diving incident. Despite my hopes of the... Read more
What are Extended Health Care Benefits in Canada? To attract and retain top talent, many organizations offer employer extended health insurance to their staff. Previously, only large companies and governments were able to... Read more
How does Olympia Benefits work? Olympia Benefits is a leading provider of Health Spending Accounts in Canada. We provide HSAs to over 57,000 businesses across the country. Our plans are easy to use because... Read more
What is extended health care coverage and do you need it? Extended health care covers expenses beyond the reach of provincial health plans. For example, prescription drugs, vision, dental, professional services, medical equipment,... Read more
2 Things to know about Health Spending Accounts in Ontario In the past, Health Spending Account claims were exempt from taxes. This still holds true for most provincial governments. Unfortunately, Ontario applies unique provincial... Read more
What are eligible expenses in a health care spending account? Health care spending accounts (HCSAs) are a versatile tool for small business owners. While following the guidelines set forth by CRA, they cover a wide variety of expenses... Read more
What is a health care spending account? Health care spending accounts help business owners save on medical costs by turning after-tax personal medical expenses into a before tax business expense. By utilizing tax... Read more
Health Spending Accounts for Incorporated Professionals (Interview) Health Spending Accounts (HSAs) help business owners reduce taxes and healthcare costs. This interview walks incorporated professionals through everything they need to know... Read more
How to Compare HSA Providers in Canada It's no secret that Health Spending Accounts help small business owners save on medical expenses. However, choosing a provider can be a difficult decision because many... Read more
HSA: Health Spending Account or Health Savings Account? There can be confusion between a Health Spending Account and a Health Savings Account. Today, I'm going to clear up the differences for you. Read more
