$699 / year
HSA + Insurance + Virtual Healthcare
$499 / year
HSA + Insurance
$249 / year
Health Spending Account
How does an HSA work? +
An HSA enables you take money out of your corporation tax free to pay for your out of pocket medical expenses. Read more about how an HSA works.
What are the eligible expenses? +
There is a wide range of eligible expenses for an HSA. Download the eligible expense list.
How do you make a claim? +
The payment from your corporation is 100% tax deductible. The reimbursement is 100% tax free.
What’s the difference between an HSA and insurance? +
An HSA has no premiums, no deductibles, no copayments, and wide range of eligible expenses. Read more here.
Why is there a $15,000 limit? +
CRA guidelines require a limit for each plan year. You, and eligible dependants, can claim up to $15,000 per plan year. If your spouse is an employee of the corporation, they may be added, effectively doubling your limit to $30,000 per year. Your spouse will be covered as a dependant if they are not an employee of the corporation. Dependant children are also covered. The limit is pooled, meaning any one person can claim the full amount. Read more on limits.
Are dependants included?+
Yes, dependants are included with your plan. A dependant is eligible for an HSA if you claim the person on your tax return. Read more on dependants.
Is there an age restriction? +
The Basic plan has no age restriction. The Plus and Deluxe are restricted to age 70 due to the insurance plans.
What does my accountant need? +
We encourage you to share this guide with your accountant.
How do I sign up? +
The sign up process is online. Complete the form, provide your business credit card, and submit. A confirmation email will be sent with your account details. Read more on the sign up.
8% admin fee
Health Spending Account
8% admin fee
Wellness Spending Account
$15 monthly per employee
Virtual Healthcare: Dialogue
Pricing ranges by age
Three Optional Add-ons
How does an HSA work?+
An HSA is a cost effective alternative to traditional health insurance. It is a special spending account established for your employees. The benefit is 100% tax free to your employee and 100% tax deductible for your corporation. There are no premiums. Read more about how an HSA works.
What are the eligible expenses? +
There is a wide range of eligible expenses for an HSA. Download the eligible expense list.
How do I make a claim? +
The payment from your corporation is 100% tax deductible. The reimbursement is 100% tax free.
What’s the difference between an HSA and insurance?+
An HSA has no premiums, no deductibles, no copayments, and wide range of eligible expenses. Read more here.
What is the administration fee?+
Instead of a premium, your business will pay 8% on the value of employee claims. The claims and the administration fee are tax deductible.
How do I fund my plan? +
Once per month a predetermined amount is withdrawn from your business bank account. The amount is determined by you and the funds belong to you at all times.
Is there an age restriction? +
There are no age restrictions with the HSA, WSA, or telemedicine. Insurance plans are restricted to age 70.
What are the guidelines on benefit levels? +
You can determine the amount to offer each classification. Shareholder’s cannot receive 10 times more than the lowest category. The minimum amount to offer is $250.
What are employee classifications? +
In designing your HSA, you establish separate classifications of employees. Each classification receives a set dollar value. This effectively becomes the employee’s spending account limit. An example might be Executives receive $10,000 per year; Managers $5,000; and Full Time $2,000. Read more about classifications.
How do I sign up? +