Exciting Updates to Coastal HSA’s Pricing

Hello!

It’s Sam here from Coastal HSA. Over the past two years, my team and I have worked hard to deliver a flexible, affordable, and easy-to-use health benefits platform for Canadian small businesses and nonprofits. Before diving into today’s big announcement, I want to take a moment to thank all the businesses and employees who have trusted our small start-up and embraced the Coastal HSA app.

With that in mind, I’m excited to announce that we’ve improved the efficiency of our app and processes, allowing us to give even more back to you—our valued clients. Starting February 1st, 2025, the Coastal HSA Health Wallet will be available at just a 6% admin fee per claim. This is about half—or even a third—of what many competitors charge, staying true to our mission of being the affordable choice for Canadian teams.

If you already have a plan with us, you don’t need to do anything. Your plan will automatically adjust to the new pricing on February 1st.

In a time of economic uncertainty and a renewed push to support Canadian businesses, we want to make it as easy as possible for teams across Canada to access the health benefits they need.

Thank you for your continued trust and partnership. We hope this new pricing empowers you to keep investing in your team’s health and well-being.

Sincerely,

Sam Froese

Founder, Coastal HSA