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The Wiser Advisor Blog
Employee benefits & industry related stories, ideas, and feedback for advisors.
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Maximizing Your Healthcare with HSAs: Ozempic and Semaglutides for Weight Loss
Health Spending Accounts (HSAs) offer a straightforward and flexible way to manage healthcare expenses, providing an ideal solution for...
myHSA
May 30, 20241 min read


Crafting Your Unique Corner in the Market
A recent post by Dave Patriarche got me contemplating the significance of finding a niche within the financial services industry. It's a...
myHSA
May 21, 20242 min read


Who Decides What is Eligible Under an HSA?
We are often asked why we have to adhere so closely to the list of eligible items, and why we are unable to stray from it. A common...
myHSA
Mar 15, 20242 min read


Backdating Backup
Can you buy critical illness insurance after you’ve been diagnosed with an illness? Can you buy home insurance after a house fire? Can...
myHSA
Mar 15, 20242 min read


How to Help Employees Feel the Love
One could argue that February is the month of love, but with myFlexplan, you can help employees feel the love all year long. Giving them...
myHSA
Feb 14, 20242 min read


Showing Co-Workers you Care
Years ago, I read the 5 Love Languages by Gary Chapman, discovering that people feel loved in diverse ways. While we may intend to show...
myHSA
Feb 14, 20242 min read


Can Spouses who are Employees at the same company have their own myHSA accounts?
It is not uncommon for company owners to employ their spouse, however, when it comes to Health Spending Accounts (HSAs), navigating the...
myHSA
Jan 29, 20241 min read


What is the Element of Risk?
The CRA guidelines for HSA's indicate that an HSA must act like a plan of insurance, and like insurance, there must exist an "Element of...
myHSA
Jan 23, 20242 min read


Mythbusters Edition
Disclaimer: these are interpretations by myHSA and do not constitute tax advice, an accountant should always be consulted "Companies with...
myHSA
Jan 18, 20243 min read


2024 Predictions
I do love trying to have fun at the end of the year to see what I think may change or be upcoming for the new year but like usual in the...
myHSA
Dec 15, 20232 min read


10 Years of myHSA
As we approach the conclusion of what seems to be one of the most successful years for myHSA in every aspect, I've taken the opportunity...
myHSA
Dec 15, 20232 min read


Sage Advice
We have been quiet about this, but now we are ready to stand on the rooftops and tell everyone - we upgraded our chat feature, and it's...
myHSA
Nov 22, 20232 min read


What do Tesla, Apple, Amazon, and myHSA have in common?
What do these companies have in common? Well - we, and many other companies you know, measure our customer loyalty using the NPS (Net...
myHSA
Nov 21, 20232 min read


How to Get Your Claims Reimbursed
Nothing is more annoying than jumping through hoops to get reimbursement after paying out-of-pocket for an expense. We at myHSA want our...
myHSA
Nov 7, 20232 min read


myHSA is now SOC 2 Type 2 Certified
Security has always been the highest priority for myHSA. We pursued and achieved SOC 2 Type 1 certification in 2021, but as we’ve grown,...
myHSA
Nov 1, 20231 min read


Looking Beyond the Surface of Benefits: The Hidden World of Spending Accounts
Every year, the Sanofi/Benefits Canada survey sparks excitement in the benefits industry, a feeling that I vividly recall from my early...
myHSA
Oct 18, 20233 min read


Coordinating Insurance with an HSA
Health coverage is like peanut butter. You want to make sure it’s spread out as much as possible, otherwise, you might just take a bite...
myHSA
Sep 20, 20232 min read


Balancing Automation in Business Operations
As an entrepreneur, I occasionally like to take a detour from discussing the benefits of our services and instead share my personal...
myHSA
Sep 18, 20233 min read


Understanding the Difference Between Utilization and Bank Rec Reports
In the realm of managing employee benefits, it's crucial for businesses to stay informed about the utilization of their benefits plans...
myHSA
Sep 11, 20233 min read


myFlexplan Allocation: A Complete Guide
myFlexplan is taking the spotlight as our fastest-growing plan type (because it's amazing), but with the myFlexplan comes a term that...
myHSA
Sep 7, 20232 min read
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