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...
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The Wiser Advisor Blog
Employee benefits & industry related stories, ideas, and feedback for advisors.
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myHSA
- Sep 7
- 2 min
Switching from myHSA to myFlexplan
So, your client is thinking about moving from a myHSA to a myFlexplan and the broad scope of benefits it provides. Sure, the myHSA is a...
myHSA
- Aug 17
- 1 min
Why NOT to Run an HSA In-House
There are MANY reasons why the responsibility of running a Health Spending Account, Wellness Spending Account and/or Flexible Spending...
Steve McEwan
- Apr 17
- 2 min
Inflation and Health Spending Accounts
The insurer doesn’t forget to apply inflation to traditional benefits, are you forgetting to apply it to spending accounts? In a...
Steve McEwan
- Mar 14
- 3 min
Clearing up the 10% Rule
We want to talk about the 10% rule and why it is confusing and made things worse - not better. A few years ago, CRA made an update to...
Steve McEwan
- Feb 13
- 5 min
Shareholders and the Element of Risk
Can shareholders have an HSA? There’s a lot of noise around this, I think it’s time we clarify our thoughts. First, a disclaimer – we...
myHSA
- Feb 9
- 1 min
What can you claim with a Health Spending Account?
What can you claim under a Health Spending Account? We get this question a lot! Luckily, the answer is pretty simple - eligible items are...
myHSA
- Feb 9
- 4 min
What is a Health Spending Account?
Health Spending Account (HSA), Wellness Spending Account (WSA – also known as a Lifestyle Spending Account in some circles), Flexible...
Steve McEwan
- Jan 17
- 3 min
Why we hate METC calculators for HSAs
Many times, we run into a scenario where a business owner is assessing whether to use an HSA or the Medical Expense Tax Credit (METC). If...
Steve McEwan
- Oct 17, 2022
- 4 min
myHSA opens up Dialogue for small groups
I am very excited about this new partnership that we’ve entered this month, and I wanted to share why we are so excited! First,...
Tim Kane
- Aug 17, 2022
- 3 min
HSA's for Sole Employees
We recently received the question "are PHSP's/HSA's suitable for a sole employee, who is also a shareholder?" An advisor sent us this...
Steve McEwan
- May 19, 2022
- 5 min
Are mental health benefits being done right in 2022?
As an industry, have we missed the mark on mental health benefits for employees? This is not a slag on what is offered, and I think this...
Tim Kane
- Feb 7, 2022
- 5 min
What is up with Cost Plus?
Ever since I have been in this industry, I have always been asked “what is up with Cost Plus?” They are attached to almost every...
Steve McEwan
- Jan 19, 2022
- 4 min
Insurance for health, dental and vision, for the most part, is not true insurance
Most expenses are routine and not catastrophic expenses to the employee. For home insurance, we only insure items with high value that...
myHSA
- Nov 30, 2021
- 1 min
How to offer benefits like a large company
Small and mid size companies can have certain restrictions in being able to offer benefits to aid in the health and wellness of their...
Tim Kane
- Nov 18, 2021
- 3 min
The Shift in Benefits
A common question everyone wants the answer to, is how employee benefits have shifted over the pandemic with an increasingly remote...
Tim Kane
- Oct 18, 2021
- 3 min
HSA vs. WSA
Health Spending Account and Wellness Spending Account. That’s it. We can combine them, dissect them, and define them but at the end of...
Tim Kane
- Jun 28, 2021
- 2 min
Benefits and the role of Technology
For better or worse, the introduction of technology has changed the benefits landscape. Now, benefit providers need to hone in on the...
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