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January 2022 Advisor Newsletter

Why health, dental, and vision insurance isn't really insurance, ConnexHealth benefits for advisors, and the January advisor content roundup from myHSA.

myHSA
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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 would cause financial hardship, not a toaster, for example. With group benefits, we have agreed on an arrangement that employers pay for employees’ routine health expenses, which is ok as it is a form of mutually agreed-upon compensation.

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ConnexHealth Benefits Breakfast Club Webinar: The Changing Risk Lanscape

Join our own Steve McEwan and other industry presenters for a morning of information and discussion to review the challenges of managing risk for small, mid-sized and large groups and examine existing and emerging solutions.

Thursday February 10 | 2.5 CE credits (excluding AB)

Click here to register Our top blogs of 2021 HSA vs. WSA

"With two basic plans, the ability to offer flexibility for employees for their health and wellness items is key."

We're Pivoting!" — "We are not arrogant as a company, but we are bold. We feel that we are well on our way to changing the way benefits are thought of."

Pooled Party!

"Anytime you enter the insured space—and as many of the “disruptors” have failed to see—there are complexity and risks, so you need to know what you are doing, for everyone’s sake."

Wellness Programs just make sense

"Why do wellness plans offered alongside health insurance need to be thought of together?"

Click here for a complete explanation and examples of each of our plans

Click here for our Balances Explained blog Resources we love

How employers can help parents, students amid return to remote learning

How to make mental health a priority in 2022

Salary vs. employee benefits - which is better to offer?

Employers, employees offer differing opinions on mental-health support

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Blog Highlights

Other Insights

Expert insights on flexible benefits, employee retention, and CRA-compliant plans in Canada.

Autumn leaves on a tree
Insights

September 2026 Advisor Newsletter

In this Issue: A year-end HSA checklist for clients & an advisor spotlight

Aly Edwards
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Research

Why an HSA is the Best Small Business Benefits Package in Canada

Discover why Canadian small businesses are switching to Health Spending Accounts: 100% tax-deductible, flexible, and easier to manage than group insurance.

Aly Edwards
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News

What is Multi-Factor Authentication, and Why is myHSA Using It?

What Multi-Factor Authentication (MFA) is, why myHSA added it for Plan Administrators, and how to log in with your authenticator app.

Aly Edwards
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Woman running by the ocean
Insights

Are Health and Fitness Apps Eligible Under an HSA in Canada?

Are health and fitness apps eligible under an HSA in Canada? The short answer? Generally, no. Read more to learn why.

Aly Edwards
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Woman in glasses types on a laptop at a wooden desk in a cozy home office with shelves, plants, and a brick wall.
Insights

Why Choice is Becoming the Most Valuable Benefit You Can Offer

Why choice is becoming the most valuable benefit: myHSA's Danielle Constantine and Medcan's Sherri Look Yan on flexible benefits and preventative care.

Aly Edwards
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Research

The 2025 myHSA Year-End Trend Report: A Closer Look into the World of Spending Accounts

2025 myHSA Trends Report cover on cream background with teal and black text; subtitle reads a closer look into the world of spending accounts.

Hailey Dirk
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