Our Solution

Registered Health Spending Account (RHSA)

One of the biggest challenges for Canadian small business owners concerns the never-ending year-over-year increase in the cost of traditional insured employee health benefits plans.

If you’re a small business owner looking to offer your employees better health benefits at an affordable rate, RHSA can help.


The primary attraction of RHSA is that it covers 100% of out-of-pocket health care costs for employees with 100% pre-taxed dollars. Plus, the funds allocated to the account qualify as a business expense for the company. Compared to traditional health benefit plans, this is a much more cost-effective way to provide health benefits to your employees.

Step 1 – Register your company with RHSA and provide your company details. You then decide which employees are eligible for a health benefits account and how much will be allocated to each account every year.

Step 2 – Gather all financial information, including the company account to be debited for employee claims and all employee account information for deposit reimbursement.

Step 3 – Your company is now responsible for employee health claims up to the yearly maximum set in each employee health benefits account. Your company pays no monthly premiums, only a set fee per covered employee. For example, for up to $5,000 of health coverage per year, each covered employee has a fee of $199.

Step 4 – RHSA bills your company directly after an employee submits receipts online, by mail, or by fax. RHSA reimburses your employees via direct deposit minus a $5.00 administrative fee per transaction.

Step 5 – At the end of every year, your company receives a statement of paid claims for accounting purposes.

Registered Health Spending Account (RHSA) can be combined with a traditional Insured benefit plan to fill the gaps in coverage or can be used as a standalone account.

Get a Health Spending Account

Choose RHSA and put more health benefit dollars in your employees’ pockets.

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