Health Spending Accounts (HSA)

Healthcare Spending Accounts Icon

Healthcare Spending Accounts (HSA)

The Flexible Choice to a Group Benefit Plan

A Health Spending Account (HSA) gives you the option to expand on the type of health expenses your company will cover while only charging you if the HSA gets used.

A different option from the traditional group health and dental plans, HSA’s can cover:

  • Professional services, such as chiropractor, physiotherapy or dental services, above the annual maximums allowed in group benefits coverage.
  • Medication not usually covered in drug plans.
  • Eyeglasses & contact lenses if an existing plan doesn’t cover them.

At the beginning of the coverage year, a pre-determined amount of money is available for employee benefits.

An HSA can be a great incentive for employee retention, taxed at a better rate than an increase in salary or bonus, and gives your employees the freedom to take care of themselves and their families.

father daughter shopping for glasses

Get in touch today and learn how we can help meet the employers’ changing needs and their employees with a Health Spending Account.