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Healthcare Spending Account information


A Health Care Spending Account (HCSA), or Healthcare Spending Account (HSA) is a type of flexible employee benefit program in Canada that aims to provide more flexibility than a traditional health plan.[1] As a supplemental program, it covers items that are not normally part of the traditional plan. Generally these plans include a fixed amount per employee available to be claimed, which makes budgeting for them easier for employers.[2] Expenses that can be claimed against an HCSA are regulated by the Canada Revenue Agency.[3]

  1. ^ "Flexible Employee Benefit Programs". Canada Revenue Agency. Retrieved 2015-08-28.
  2. ^ Art Babcock (2011-04-26). "The ries of HCSAs". Benefits Canada. Rogers Publishing Ltd. Retrieved 2015-10-13.
  3. ^ "HCSA: What's covered under CRA". Small Biz Advisor. Rogers Publishing Ltd. 2012-04-02. Retrieved 2015-08-28.

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