Health Spending Account

Save money by paying less tax.

Paying for medical expenses out of pocket?
If you have a corporation, there’s a better way.

How it Works

Your corporation contributes funds to a Health Spending Account (HSA) for each employee. Contributions are 100% tax-deductible for the business.

Employees receive those funds tax-free to reimburse their CRA-eligible medical expenses. It's a win-win.

Get money wise.

You don't pay for benefits that don't get used. Every dollar not used for medical expenses can be returned to the corporation.

Cover the whole family.

Your team can claim expenses for themselves and any eligible dependants (including spouses, children, and parents).

No coverage limits.

HSAs don't have coverage limits, deductibles, or service maximums. It gives your team complete flexibility.

HSAs work better than health insurance.

We all know health and dental costs are going to happen, but premium-based health insurance isn’t the answer.

When you buy health coverage through an insurance company they set the cost and often increase premiums each year, whether your team uses the coverage or not. How are you supposed to budget for that?

An HSA gives you total control over how much you contribute. It gives employees total control over how they use those funds. The power is back in your hands.

Health Spending Accounts

How they work for you and your team.

Contribute either monthly or annually to match your cash flow.

Define classes of employees (e.g. full time vs part time, employee vs executive, single vs family).

Contributions can be different for each class you create.

The funds in the HSA are used by employees to reimburse eligible medical expenses completely tax-free!

Have funds remaining? They can be returned as a credit to your corporation and applied against your next bill.


Admin Fee

10% of contributions

The Blendable Experience

You’re in good company.

$60,000,000+

In expenses paid

28,000+

Members

1,900+

Clients

Claims Made Easy.

Submit claims anytime, anywhere, and get reimbursed directly to your personal bank account.

Amazing Customer Support.

Everyone says it, but we deliver. Our customer experience team is out of this world! We go above and beyond to keep our members happy.

No Insurance Jargon.

All our resources are available digitally and written in terms anyone can understand. No more digging through jargon-filled booklets to find answers.

"Our Blendable HSA provides us with everything we need, plus the amazing flexibility has allowed us to add new benefits while keeping our budget under control. Thank you Blendable!"

- Alan Hoffman, owner of CE-Credits.ca and Blendable client.

Ready to get started?