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May 2022 Advisor Newsletter

Are mental health benefits being done right in Canada? Plus the philosophy of chasing whales — why myHSA focuses on small businesses despite the market challenges.

myHSA
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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 is truly one of the biggest challenges and opportunities in the upcoming years. Let me explain…

Click here to keep reading The Philosophy of Chasing Whales

It is a well-known fact that most companies in Canada would be considered SMBs – a staggering

98% of businesses are small to medium-sized .

I always ask myself – if the footprint is so big, why do they seem to be the forgotten ones when it comes to innovation in employee benefits?

Click here to keep reading

We've been meaning to tell you...

We now have

Update to the new myHSA Employee App!

Employees can automatically update to the new myHSA app through the App Store or Google Play.

Click here to view our employee app tutorial To share with your clients

A new feature, exclusively for our valued Advisor network. Look here in each newsletter for featured content from myHSA and our other trusted sources that you can send to your clients who may not quite "get" HSA's, WSA's or flex plans just yet.

Insurance for health, dental and vision, for the most part, is not true insurance

The shift in benefits — Health Spending Accounts discussion with Lori Power, Tim Kane & Steve McEwan

How to offer benefits like a large company

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Blog Highlights

Other Insights

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

Research

myHSA opens up Dialogue for small groups

myHSA's new partnership with Dialogue brings virtual healthcare to small groups through the advisor channel — a model that's strategically aligned and mutually beneficial.

Steve McEwan
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Insights

What can you claim with a Health Spending Account?

Eligible HSA expenses are defined by the CRA and include a wide range of health, dental, and vision items — here's a plain-language breakdown of what's covered.

myHSA
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Insights

The Advantages of myFlexplan

myFlexplan combines the tax benefits of an HSA with the flexibility of a WSA, giving employees the power to choose benefits that fit their personal needs.

myHSA
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Insights

Using Health Spending Accounts for Specialized Education

HSAs can help cover the costs of specialized schooling, tutoring, and education for employees or dependents who are disabled or differently-abled.

myHSA
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Insights

5 Reasons Why Your Business Should Offer a WSA

Wellness Spending Accounts (WSAs), sometimes called Lifestyle Spending Accounts, Personal Spending Accounts, and countless others, are a top employee attraction and retention tool for businesses of...

myHSA
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Insights

5 Ways a WSA Can Help With DEI Initiatives

Diversity, Equity and Inclusion (DEI) initiatives are more important than ever for businesses of all sizes. A Wellness Spending Account (WSA) is one of the best ways to contribute to DEI...

myHSA
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