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What's new at myHSA - July Newsletter

myHSA offers more than just spending accounts — the digital Marketplace lets advisors present employee assistance plans, critical illness coverage, and more to any client.

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When I was an advisor introducing non-insurance products, a question I received from a client was, "Why can't I get this through you?" myHSA offers a lot more than just health spending accounts; your clients can get other products through you. In addition to tailored health and wellness plans, we have curated a suite of products with trusted partners in our digital marketplace. What does this mean? You can access everything from employee assistance plans to critical illness coverage and present them in different scenarios to your clients.

Centralized billing for clients and a single access point for employees can save them time and improve engagement. Not to mention, your client's accountant only has to look in one place to reconcile all the billing.

Our focus at myHSA for the rest of this year includes promotion and awareness of our unique add-on partners and products to fulfill your clients' employee benefits packages.

-Tim, CEO It's time to offer more than an HSA

Add-ons elevate benefit plans – fulfilling both the needs and the wants of clients and their employees. Browse add-ons in the Marketing tab of your advisor portal, and simply add to your client's benefits package when building a plan!

Check out our featured add-ons below!

Introducing Allstate: Industry leading critical illness coverage

No pre-existing conditions clause — Benefits paid regardless of any other medical or disability coverage

Dependent children automatically covered at no cost for 50% of your benefit amount

Affordable premiums with convenient payment processes

Plus: No medical questions at enrolment No survival period

No benefits waiting period No first occurrence clause

No Termination age Fully Portable Value-added services (medisys & PinnacleCare

Learn more here , and stay tuned for our upcoming webinar with Allstate!

Starseed – medical cannabis as a treatment for anxiety

"Medical cannabis patients are not looking to get high. They are looking to get well."

Cannabis and anxiety have had a long and somewhat complicated relationship. While research into how cannabis can help with anxiety is in its early days, it is important to understand some of the risks as well as the benefits of treating anxiety with medical cannabis in order to make an informed decision for what is right for each individual.

Learn more

Advisor resources we love!

Sounding Board: Ground is shifting, benefits plans must focus on individuals

Lizann Reitmeier — Webinar: Overall health key to employee well-being during, after pandemic

Cassandra Williamson-Hopp ‘ — New reality’ of workplace includes virtual health care, enhanced mental-health support: survey

Benefits Canada — Does Your Company Have a Long-Term Plan for Remote Work?

Mark W. Johnson and Josh Suskewicz

Powerful: Building a Culture of Freedom and Responsibility

Patty McCord "Pharmacare revisited" Podcast Episode 25

Green Shield Canada — Stay up to date on travel coverage regarding COVID-19

here — For new features, announcements, and important information, check your Advisor Newsfeed on your Dashboard.

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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.

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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.

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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.

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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...

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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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