With traditional health insurance coverage, employees must pay for deductibles, co pays and services not eligible under traditional employee benefit plans. Conversely, members covered under a HSA have access to a range of health care services, which standard insured health plans either exclude or limit.

Around 75 percent of Canadians have some sort of supplementary private health insurance, and a lot of them receive it through their employees. Whether it is a CRA health spending account, flexible health spending account or anything else pertaining to a benefit an employee may get from health insurance coverage, benefits exist for people who get certain health care plans.

Roughly 50 percent of Canadian businesses are concerned about the level of coverage for their employees. A Cra health spending account, or Canadian Revenue Agency health spending account, can supplement insured private health services plans or stand alone, instead of insured private health plans. They are funds allocated specifically for health care spending, and must be used as such.

Small business health plans are crucial to the well being of employees. Hsa health plans can help businesses pay for the top health benefits coverage for their employees. Without health benefits, employees may worry about their health, bring illnesses into the workplace, and be far less productive.