Free eBook

Health Spending Account vs. Medical Expense Tax Credit

A comparison between using a Health Spending Account and claiming medical expenses on your personal tax return through the Medical Expense Tax Credit.

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Feel confident about your decision for health care coverage

The majority of small business owners in Canada have no insurance and claim their medical expenses on their personal tax return. This is not necessarily the most cost-effective option. Learn how a Health Spending Account compares to paying for your medical expenses out of pocket.

In this free guide, you’ll learn:

  • The difference between the HSA and METC
  • How to compare savings between the HSA and METC
  • The significant advantages of a Health Spending Account for a small business owner