Unlock Tax-Free Health Coverage: The Ultimate Guide to Health Spending Accounts in Canada
What Exactly is a Health Spending Account (HSA) and How Does It Function? A Health Spending Account (HSA) is a powerful, cost-effective tool within the Canadian employee benefits landscape. Unlike traditional insurance plans with fixed coverage categories, an HSA operates as a personalized, CRA-approved expense account funded by employers. Employees submit eligible medical and health-related…