Flexible Health Benefits for Your Employees

Flexible health benefits

There is an employer health benefits shift occurring in Canada moving from traditional group benefits to the much more flexible health benefits that Health Spending Accounts (HSA) and Wellness Spending Accounts (WSA) provide. Both HSAs and WSAs are becoming much more popular in the Canadian workplace with inclusion as a supplement to existing traditional group … Read more

Why You Should Offer WSA Fitness Allowances To Help Reduce Employee Burnout

Fitness Allowances

With our hustle and bustle lives, we need to make time for fitness allowances to maintain health and wellness.Today’s always-on attitude means our calendars are constantly filled with competing priorities. Our technology is buzzing and beeping alerts and notifications 24 hours a day. We’re carting the kids to their extra-curricular events while prepping for the … Read more

Why You Should Offer Your Employees a Wellness Spending Account

wellness spending account

What is a Wellness Spending Account? A Wellness Spending Account (WSA) is an opportunity for employers to support their employee’s wellness through the allocation of benefit dollars (taxable) for non-medical, wellness expenses. A WSA account can be used as a perk given to your employees to promote healthier lifestyles. You can incentivize employees with eligible … Read more

Health Spending Accounts in Every Day Words

hsa user

A Health Spending Account (HSA) benefit is just one part of the overall engagement strategy for your employee. It isn’t always an easy topic to communicate your overall benefits to your employees at various stages of their tenure at your company. Below is a strategy to tailor your HSA benefit dialogue to your employees wherever … Read more

Top Five CRA-Eligible Expenses For Your Employees’ Health Spending Account

CRA-Eligible Expenses

Health Spending Accounts (HSAs) and Wellness Savings Accounts (WSAs) are of the most versatile tools to provide health and wellness benefits for your business’ employees and for yourself. While following the guidelines set forth by the CRA, HSAs cover a litany of expenses including massage, vision, dental, health insurance fees, physiotherapy and prescriptions amongst many … Read more