Health Spending Accounts

What is a Health Spending Account?

A Health Spending Account is a flexible, tax-effective way to offer health benefits. Instead of a traditional insurance plan with fixed coverage levels, you allocate a set annual amount per employee — and they choose how to spend it. Eligible expenses include everything from dental work and prescription eyewear to acupuncture and fertility treatments.

It's a win-win: employees get personalized coverage, and employers get predictable costs with zero premiums or claim fluctuation risk. HSAs are especially ideal for smaller teams, executive carve-outs, or supplementing an existing benefits plan.

Predictable Costs

Set annual budget with no premium fluctuations

Employee Choice

Complete flexibility in how benefits are used

Tax Advantages

Tax-deductible for employers, tax-free for employees

How HSAs Work

Simple, straightforward, and effective

Set the Budget

Allocate a fixed annual amount per employee based on your budget and their needs.

Employees Spend

Employees use their allocation for eligible health and dental expenses as needed.

Simple Reimbursement

Easy claims process with quick reimbursement for approved expenses.

Eligible Expenses Include

Medical & Health

Prescription drugs

Medical devices

Acupuncture

Massage therapy

Dental Care

Dental work

Crowns & bridges

Orthodontics

Preventive care

Vision & Specialty

Prescription eyewear

Fertility treatments

Naturopathy

Psychology

Perfect For

Smaller Teams

Ideal for companies with 2-50 employees who want to offer meaningful benefits without the complexity of traditional insurance.

Executive Carve-outs

Provide additional benefits for key executives or management teams beyond standard group coverage.

Supplemental Benefits

Enhance existing group plans with additional spending accounts for uncovered expenses.

Why Choose HSA Over Traditional Plans?

Compare the advantages