Wellness Spending Account

Gym Memberships

Pet Insurance

Child Daycare

and more...

There has recently been a steady increase in the understanding for the need for physical and mental wellness in the community and in the workplace. Overall wellness is important not only to your employee, but it can affect you, as their employer, as well.

A Wellness Spending Account is an opportunity for employers to support their employee’s wellness through the allocation of benefit dollars for non-medical, wellness expenses.

Eligible Expenses

Here's a preview of our eligible expenses list. You can download the complete list by clicking below. Feel free to reach out to confirm any expenses not included in the list.

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Gym memberships

Personal trainers

Snowboarding fees

Sports leagues

Health and wellness events

Fitness equipment

Athletic footwear

Yoga fees

Art classes and supplies

Photography courses

Coding bootcamps

Books

UI/UX Design courses

And more...

Download full list

FAQs

The As to your Qs

We know with implementing a new benefits plan, there are many questions that need to be asked about cost, coverage, how it differs from your current plan, and more. Well, we're here to help.

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What's the difference between a Wellness Spending Account (WSA) and a Healthcare Spending Account (HSA)?

An HSA covers a wide range of health-related expenses that are not covered by Canada's standard health insurance plan, and the funds contributed from the business to the account are tax-free income for the employee. A WSA is focused on promoting general well-being and covers a broader range of services and activities that provide support for physical, mental, and financial well-being of employees.

What's the advantage in providing WSAs to my employees instead of providing cash bonuses?

While cash bonuses are a great reward for your team's hard work, offering Wellness Spending Accounts (WSAs) can have a more profound impact on their well-being.

The Mental Health Commission of Canada notes that mental health issues cost Canadian workplaces over $50 billion annually, including costs from absenteeism and reduced productivity. They also highlight that investing $1 in mental health and wellness can yield up to $4 in returns through lower health costs and higher productivity. By choosing WSAs over cash bonuses, you're investing in your employees' health and enhancing their productivity.

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