myHSA

A Health Spending Account (HSA) allows an employer to allocate a pre-set amount of money for each employee and their dependents to use for medical and/or dental expenses, including:

• prescription drugs
• paramedical services
• eyeglasses & contacts
• dental procedures
• laser surgery
• co-pays & deductibles

The HSA expenses – including fees – are a fully tax-deductible expense for the company, and the expense reimbursement is not taxable to the employee.  Thus, it is a much more tax-efficient method of paying for medical and dental expenses. 

Our myHSA platform takes away the paper by providing a seamless online system, whereby the plan administrator can manage enrollments and track claims, while employees can submit expenses electronically.  myHSA is convenient, flexible, and cost effective!