Traditional insurance plans are rigid. They tell you what you can buy, where you can go, and how much you can spend. A health spending account in Canada flips the script. It gives you and your employees the power of choice. We take flexibility further with ‘Flex Accounts,’ allowing your employees to choose between a Health Spending Account (HSA), a Wellness Spending Account (WSA), or any split in between that fits their life.
A Health Spending Account (HSA) is a tax-effective way to provide healthcare benefits. Instead of paying premiums for coverage you might never use, the employer allocates a specific dollar amount to each employee.
Traditional plans often miss the mark for younger employees with fewer medical needs. By offering a Flex Account, these team members can pivot their benefits toward wellness initiatives that actually matter to them.
Employees can use WSA funds for gym memberships, fitness equipment, and even new running shoes.