Health Spending Account Nova Scotia
A health spending account (HSA) allows you to use your company’s money to pay for your personal medical expenses. This type of plan is 100% tax free to the employee, and 100% write-off to the company.
Get coverage annually for a predetermined dollar amount for medical and dental expenses that are approved by CRA. We use myHSA for these plans. There is no setup or monthly cost to have this plan. You only pay a transaction fee if you use the plan.
We can cover an incorporated companies with one or more employees.
Some businesses use this type of plan to help employees top-up the out-of-pocket expenses incurred but not covered by their benefits plan. Often, it is used to cover their co-pay, when they reach maximums, and for extra expenses with vision care or dental.