David Imrie

 Tags: Health Benefits

Employers know all too well that a core aspect of a job offer that appeals to and retains employees is the health benefits package. Job seekers choose positions partly based on the benefits they are offered by companies, most significantly good health coverage. Employees not only want a comprehensive benefits package, but also flexible benefits, which will not leave them limited in coverage.


Download The CEOs Guide to Decreasing Group Health Premium Cost


People want to feel secure in their place of work. Offering great health insurance your workforce can fall back on can provide such security.


Ultimately, offering a good benefits package, as well as benefits that are flexible, will keep employees satisfied, which will further result in an overall increase in workplace productivity.

The Problem with Traditional Group Health Insurance

Traditional health plans don’t reimburse employees for all medical costs. Some expenses, such as dental implants, braces, and laser eye surgery are excluded from coverage. It can be challenging for employers to find benefits that are valuable to all the employees. For this reason, some people may feel limited and not go to the doctor for fear of being handed a huge medical bill that will not be covered by health insurance. This will subsequently lead to more employees being sick and unproductive, which further gives rise to an increase in employees calling in sick and feeling discontentment with their jobs.


To counter this problem, there are now a variety of alternative benefits options. One great option small companies should consider is setting up registered health spending accounts (RHSA) for their employees. An RHSA promises flexible benefits and will allow employees to pay for medical costs not typically covered by traditional group health plans.

Employees Are Able to Spend Money as They Choose

With benefits packages set up by insurance companies, the coverage offered cannot be chosen by the employees. This results in employees having coverage for expenses they’ll never have and not having enough coverage for expenses they incur regularly. This leaves a portion of staff dissatisfied with their plans.


With options such as registered health spending accounts, employers give employees the ability to choose the coverage they need. Employees have more control this way. With an RHSA, employees do not need to feel limited by set benefits.

Employees Are Able to Save Money

Traditional health plans require companies to pay a premium. This cost increases regularly, making it expensive for employers to continue providing benefits. Employees may need to pay a portion of the premiums. They may also have to pay out of pocket for expenses that are not covered.


With an RHSA, employers don’t need to pay premium fees and employees get coverage for all CRA-approved health expenses, reducing out-of-pocket costs. As a result, employees are happy to bypass any additional money losses from insurance.


When your employees have comprehensive coverage and can limit out-of-pocket medical expenses, they’ll be happier. In turn, they’ll be more satisfied with their jobs and work at a higher level of productivity. It’s a win-win.


All The Health Benefits Your Employees Need and Want

David Imrie

Dr. David Imrie founded RHSA Canada in 2009. Dr. Imrie is a medical doctor and former health insurance professional who has a passion for helping small businesses reduce their healthcare costs. As an executive in the insurance industry, he was shocked to find that so many common healthcare services are covered only partially by most insured plans, when employees were entitled to 100% coverage for all prescription drugs, dental services, and other healthcare expenses. Since leaving the insurance industry in 2001, Dr. Imrie committed to using newer technology to develop a better alternative program for small business health benefits.
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