What is a health spending account (HSA)? A HSA provides employees with tax-free benefits for CRA-approved health, drug, vision, and dental expenses, offering complete flexibility in how they use their benefit dollars. For employers, it offers cost certainty, as the spending is capped at a set amount per employee, avoiding fluctuating claim costs or premiums.
If a full benefits plan isn’t feasible, an HSA can be an ideal solution, either as a replacement or alongside traditional coverage. Duliban can customize an HSA plan that empowers employees to manage their healthcare choices based on what matters most to them.
Employees can decide how to spend the allocated funds on eligible health expenses.
Contributions are tax-deductible for employers and tax-free for employees.
It can supplement a traditional benefits plan, allowing employees to fill coverage gaps.
Think your team might benefit from a HSA? Want to learn more about how this service might improve your employer-provided wellness package? That’s where we come in.
Our team is ready to answer all of your questions and get started on exploring your options. Contact us today.
Working with a broker guarantees your access to the best available insurance with the added benefit of personalized support. See for yourself and get a quote now.
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