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October 2021 Advisor Newsletter

Health Spending Account vs Wellness Spending Account — the two core products at myHSA explained, plus what's inside this month's advisor newsletter.

myHSA
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HSA & 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 the day, these two plans are the core of our business.

myHSA is a Health Spending Account, as the name implies it is specifically for medical expense items. The eligible expense list is defined by the Canada Revenue Agency and includes things like prescription glasses, physiotherapy, orthodontics and much more.

Click here to read more

In case you missed it...

Did COVID-19 create a hiring crunch?

Yes. From what we're seeing, COVID has impacted our entire lives, so it makes sense that hiring and recruiting will be affected, too.

Click here to read more Canadian Culture Index

We are so proud of our team for earning the ranking of one of Canada's Top Workplace Culture Innovators! Creating and cultivating a positive environment for staff to feel welcome and valued has always been a driver of success for our organization. As we continue to innovate and grow as a business, we keep the wellbeing of our team as a top priority.

Upcoming Webinar: Substance Use isn't Easy to Spot

October 19, 2021 — Join in to learn how to take the first step so employees can get the help they need.

Click here to register Spooky Spending Accounts - HSA vs WSA

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Good benefits can beat out pay

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WFH staff enjoy better work-life benefits, but don't expect breaks

New study calling on permanent reforms to Canada's sickness, caregiving needs

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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
Updated on:
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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