Health Wallet
Save time and money with the HSA Health Wallet.
The HSA Health Wallet is currently available to businesses and nonprofits in British Columbia, Alberta, Saskatchewan, Manitoba, Northwest Territories, Nunavut and the Yukon.
HSA Health Wallet
With simple pay-as-you-go pricing.
6 % /claim
- Coastal HSA app
- 100+ eligible health expenses
- Health claim adjudication
- Direct deposit reimbursement
- Direct billing enabled
Healthcare providers can signup for a free account and submit claims on your behalf.
- Quarterly health credit allocation
For example, a $1,000 Health Wallet will generate a $250 credit distributed on January 1, April 1, July 1, and October 1.
- Rollover unused health credits
On January 1st, unused health credits rollover for up to 1 year.
- RDS AES-256 data encryption
- In-app support for all users
A Health Wallet Example
$200 Dental Claim
With our simple pay-as-you-go pricing you only pay when we process claims.
- $200 dental claim
- $200 reimbursed to employee (non-taxable benefit)
- $212.72 billed to employer (deductible business expense)
- $212.72 = $200 (claim) + $12.00 (6% admin fee) + $0.72 (gst)