Health Spending Account
Your Health,
Your Way
Welcome to MyHSA, the modern way to personalize your employee health benefits. Say goodbye to one-size-fits-all insurance plans and hello to a tax-efficient account that puts you in control. With MyHSA, your employer provides a health spending allowance that you can use for a wide range of eligible medical, dental, and vision expenses—tax-free
Why Business Owners Love MyHSA
A Powerful Tax Strategy Disguised as a Health Plan
100% Tax-Deductible — Every dollar you contribute to your employees’ HSAs is a legitimate business expense.
No Premium Waste — You only pay when claims are made—no locked-in monthly premiums or unused benefits.
Attract & Retain Top Talent — Offer a flexible health benefit that appeals to all employees, no matter their needs.
Customizable for Any Business Size — Whether you’re a sole proprietor or managing a 100-person team, MyHSA fits.
Easy to Set Up & Manage — No paperwork headaches. Manage everything through our secure platform or mobile app.
You decide how much to allocate, who is eligible, and what your benefit year looks like.
Employees Win Too
Health Benefits That Actually Benefit Everyone
Employees get to spend their health dollars how they want—on a wide range of CRA-eligible expenses, including:
• Dental care (cleanings, braces, oral surgery)
• Vision care (glasses, laser eye surgery)
• Prescription medications
• Mental health services (therapy, counselling)
• Medical travel, home care, and more
Plus:
• Tax-free reimbursements
• 1–3 day claims processing
• Real-time balance updates
• 24/7 chat support
Real Business Value
Here’s What You Gain with MyHSA:
| Benefit | Traditional Plan | MyHSA |
|---|---|---|
| Tax-Deductible to Business | ✅ | ✅ |
| Tax-Free to Employees | ❌ | ✅ |
| Pay Only on Claims | ❌ | ✅ |
| Employee Flexibility | ❌ | ✅ |
| Easy to Administer | ❌ | ✅ |
How MyHSA Works for Your Business
1. Set a health allowance per employee (e.g., $2,000/year).
2. Employees pay for eligible expenses and upload receipts.
3. Claims are approved and reimbursed within 1–3 days.
4. You get detailed reporting with all processed claims for easy bookkeeping.
Use the employer dashboard to view real-time reports, adjust plans, and add or remove team members anytime.
Real Examples of Covered Expenses
Here’s a quick snapshot of common items employees can claim:
• Dental: Cleanings, crowns, braces
• Vision: Glasses, contacts, laser surgery
• Medical: Prescriptions, vaccines, diabetic supplies
• Therapies: Massage, chiropractic, mental health, physiotherapy
• Equipment: CPAP, orthotics, hearing aids
• Professional Services: Acupuncturist, psychologist, dietitian
Easy, Compliant & Secure
We stay in line with CRA guidelines so you don’t have to worry. We handle eligibility, receipts, audits, and payments—all on a secure, cloud-based platform.
Ready to Offer a Better Benefit?
