Canada has a number of resources for its citizens when it comes to healthcare. In addition to public healthcare, however, there are also many small business health care plans that are designed to give employees additional coverage if they need it. Although most healthcare uses public funds, about 30% of health spending comes from private…
Category: Health spending account
What Exactly Are Health Spending Accounts?
Though Canada has a publicly funded medicare system, it can’t completely cover the healthcare needs of its citizens. Most Canadians have this difference covered by cost-effective, tax advantaged, small business health care plans, such as health spending accounts. These health spending accounts are group benefits that provide employees with reimbursement for a wide range of…
