A better way to provide employee benefits

Open a Health Spending Account in less than 3 minutes.

Modern benefits with Health Spending Account

Control your costs and get complete coverage

A Health Spending Account is a cost-effective alternative to health and dental insurance.
It is a special spending account established for your employees.
The benefit is 100% tax free to your employees and 100% tax deductible for your business.
There are no premiums.

Learn how an HSA works →

Health Spending Account highlights

Take control with Health Spending Account

Take control

  • No premiums
  • No copayments or deductibles
  • No surprise renewals
Keep employees happy with Health Spending Account

Keep employees happy

  • 100% coverage
  • 100% tax free benefit
  • Flexible benefits
Custom Plans with Health Spending Account

Designed by you

  • Stay within budget
  • Customize your plan
  • Easy plan management

Design your HSA

Employee Classifications with Health Spending Account

Establish employee classifications

Identify custom classifications of employees. Each classification will receive a specific dollar amount for their spending account.

Budget with Health Spending Account

Determine your budget

Select how much to offer each custom classification. For example, managers receive $1,500 and full-time employees $1,000.

Fund Account with Health Spending Account

Fund the account

A monthly contribution is deposited from the employer account and held in trust with Olympia to fund employee claims.

No premiums with Health Spending Account

No premiums. No problem.

A Health Spending Account is not a plan of insurance.

Your business will only be charged a flat 8% administration fee on the value of claims submitted.

Break free from health and dental insurance.

HSA vs insurance comparison →

Complete coverage with Health Spending Account

Get complete coverage

Forget about copayments, deductibles, and a long list of exclusions. There's a better way to provide benefits.

Download list of eligible expenses →

How does a HSA claim work?

Employee pays medical expense with Health Spending Account

Employee pays medical expense.

Employee submits claim online with Health Spending Account

Employee submits claim online.

Olympia debits employer funding account with Health Spending Account

Olympia debits employer funding account.

Olympia reimburses employee directly with Health Spending Account

Olympia reimburses employee directly.

The reimbursement is 100% tax free to the employee and 100% tax deductible for the employer.

Learn more about claims →

Take your benefits to the next level

Wellness with Health Spending Account

Wellness Spending Account

Develop a culture of wellness and extend the reach of your benefit approach by implementing a Wellness Spending Account

Virtual healthcare with Health Spending Account

Virtual heathcare

Stand out as an employer of choice by expanding your wellness program to include virtual healthcare. Increase productivity, reduce absenteeism, and see happier employees!

Insurance with Health Spending Account


Protect your employees from unplanned medical emergencies inside and outside Canada. Give them peace of mind during life's crucial events.


HSA Group

8% admin fee
Health Spending Account

Sign Up Now

  • 100% coverage
  • Flexible plan design
  • Direct online signup
  • 24hr claim reimbursement
  • Claim by App
  • 10 day money back guarantee*
  • $99 annual fee
  • $335 one time setup fee
  • $40 to add an employee


8% admin fee
Wellness Spending Account

Learn More

  • Added to an existing HSA Group
  • Set allowances based on classifications
  • Wide range of eligible wellness expenses
  • $99 annual fee


$15 monthly per employee
Virtual Healthcare: Dialogue

Learn More

  • Dialogue Telemedicine
  • Added to an existing HSA Group
  • “Doctor in your pocket”
  • Improve healthcare access
  • Live chat and video
  • Mental health support
  • Treatment and follow up
  • Specialist referrals


Pricing ranges by age
Three Optional Add-ons

Learn More


How does an HSA work?+

What are the eligible expenses? +

How do I make a claim? +

What’s the difference between an HSA and insurance?+

What is the administration fee?+

How do I fund my plan? +

Is there an age restriction? +

What are the guidelines on benefit levels? +

How do I sign up? +

Read more FAQ →

Listen to the interview

Health Spending Account Small Buisness Podcast

We sat down with one of our partners to discuss HSAs for small businesses. Hear everything you need to know about this product.

Listen now →

Sharpen your understanding of Employee Benefits

Discover our Library →

3 Reasons to Buy from Olympia

Transparent Pricing with Health Spending Account
Transparent Pricing

One low administration fee for all to see

Security with Health Spending Account

Gain from our standing as a transparent and regulated public company

Guaranteed with Health Spending Account

10 day refund on all new plans if not satisfied