Flexible Health Benefits

Trusted by Canadian small businesses for simple and scalable health benefits.

Why HSAs?
HSA Eligibility
Health Wallets
How It Works

Health Spending Accounts

Why HSAs?

Traditional group health insurance can be complex and expensive. Health Spending Accounts (HSAs) provide a flexible and affordable alternative for employee benefits, making them a popular choice among small businesses. Here’s why they are so widely adopted.

100+ eligible health expenses
No insurance premiums
Counts as deductible business expenses

Provides coverage for dependents
Available without deductibles or copays
Tax-free for employees and owner-employees

For Small Businesses

HSA Eligibility

Our HSAs comply with all Canada Revenue Agency guidelines including the ability to open an HSA. Here are the Canadian businesses that can open an HSA:

Operating companies
Nonprofits

Sole proprietors*
Partnerships*
*with a full-time arm’s length employee

Choosing Coastal HSA

Health Wallets

Our digital Health Wallets at Coastal HSA put predictable spending within reach for employers. Simply allocate a set dollar amount of credits to each employee’s Health Wallet. From there, employees can submit their receipts through our easy-to-use platform to receive their reimbursements. Here’s what you can expect:

Flexible health spending
No monthly premiums

No signup fees
Pay as you go pricing

Centralized Platform

How It Works

Available on both desktop and mobile, our platform offers clarity for employers and ease of use for employees. Within just minutes, you can:

Add employees
Allocate credits

Activate your health plan
Start making claims

HSA Health Wallet

Health Wallet Benefits

Flexible, affordable and easy-to-use health benefits.

0 +

eligible health expenses

0 s

average claim submission time

0 %

coverage for employees

0 %

competitive admin fee

Getting Started