Health and Spending Accounts

With Health Spending accounts, employers can offer the flexibility in health care choices, while holding plan costs at a level that they can afford. Health Spending Accounts reimburse employees for many health-related expenses not covered by the provincial health coverage or by a typical group plan. Best of all, Health Spending Accounts give employees significant benefits without giving employers significant costs. Employees appreciate the individuality of coverage that Health Spending Accounts allow.

Tax Advantages

Health Spending Accounts provide a way for employers to deliver tax-effective compensation to their employees, using pre-tax dollars. At the beginning of the year, the employer decides on the amount to be available in the Health Spending Account.  Dollars are directed to the account before income tax is deducted so compensation provided through these accounts goes much further than if employees were to pay for health-related expenses themselves.

Expanded Eligibility

CCRA’s broad definition of a dependent permits employees to cover expenses for extended family members – a perfect solution for employees wanting to cover expenses for family who would not otherwise be eligible under their benefit plan (ex. Parent, Grandparent etc…).

BENEFITS INFORMATION.

For more information about ASSOCIUM Benefits, please click on the links below.

• What Are Benefits?
• Administrative Services Only
• Privacy Statement
• Health Care Spending Accounts

ASSOCIUM Benefit forms and plan offerings.

• Plan Offering
• Elements of a Quote Package
• Request for Benefits Quotation
• Small Group Quoting Package
• Disclosure Document
• HCSA Eligible Expense List