Featured Article 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 provide group health insurance; now there are plans for small businesses and even self-employed individuals. May 7, 2021
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
How does an employee make a Health Spending Account claim? In a group plan, there are benefits coordinator(s) and employees. A benefits coordinator is responsible for managing the plan. This includes determining employee benefits... Read more
Can you claim gym membership on a HSA? In Canada, small business owners can use a health and dental plan called the Health Spending Account (HSA)... not to be confused with a Health Savings Account. Health... Read more
