Health Spending Account for Employers
Give your team flexible health and dental coverage while keeping costs predictable and fully deductible — you set the budget, employees claim as expenses come up, and you only pay for what's actually used.
What would an HSA cost across your team?
A Health Spending Account gives your people flexible health and dental coverage while keeping your costs predictable and fully deductible. Here's how the funding works — and a calculator to budget it across your team.
How an HSA works for an employer
Instead of a fixed insured plan, you set an annual amount each employee can spend on eligible health and dental costs. They claim against it as expenses come up, you reimburse through the account, and the whole cost — funding, admin fee, and GST — is a deductible business expense.
You can set different amounts for different classes of employees — say, more for management and a base amount for staff — as long as the classes are reasonable. That flexibility is what makes an HSA easy to fit to your budget.
Set the amounts
Choose an annual HSA amount per employee, by class if you like. The allocation is your maximum — not your guaranteed cost.
Employees claim as needed
They submit eligible health and dental expenses. You're billed the admin fee on what's actually claimed, not the full pool.
You budget with confidence
Your maximum is capped at what you allocate. No surprise renewals. No rate increases. No claims you didn't approve.
Budgeting for it
Two numbers matter. Your maximum budget is what it costs if every employee claims their full amount. Your expected cost is more realistic — most teams don't use 100% of their allocation, and because the admin fee applies to claims paid, your real cost tracks actual usage. The calculator lets you model both.
Budget your team's HSA
Group your employees by class, set an annual amount for each, and model how much gets used.
Your employee classes
Group employees by class and set an annual HSA amount for each. Add as many classes as you need.
| Class | Employees | Annual $ each | Subtotal |
|---|
Cost breakdown
Expected annual cost at your utilization assumption.
The admin fee includes Healthwise. Your team flips us their questions and claims — we handle it, so you're not the benefits help desk.
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Want help designing classes and allocations that meet CRA rules? Build my benefits strategy with Healthwise.
Frequently Asked Questions
Ready to set one up for your team?
We'll help you design the class structure, set the allocations, and make sure everything qualifies under CRA rules — clearly and without the jargon.
Build My Benefits StrategyQuestions?
Not sure how an HSA fits your team size or budget? Reach out anytime — we'll walk through it clearly and without the jargon.