HSA Health Wallet

Trusted by Canadian small businesses for simple and scalable health benefits. 

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Health Spending Accounts

Why HSAs?

For business owners, traditional group health insurance is often complicated and costly. As flexible and affordable employee benefit plans, Health Spending Accounts (HSAs) offer a welcomed alternative. Here’s why small businesses trust Coastal HSA.

  • Supports comprehensive coverage
  • Includes 140+ eligible health expenses
  • Counts as deductible business expenses
  • Provides coverage for dependents
  • Available without deductibles or copays
  • Tax-free for employees and owner-employees
For Small Businesses

HSA Eligibility

Our HSAs comply with all Canada Revenue Agency guidelines. Here are the Canadian businesses that can open an HSA:

  • Operating companies
  • Sole proprietors*
  • Nonprofits
  • Partnerships*
  • *with a full-time arm’s length employee
Choosing Coastal HSA

Health Wallets

Our digital Health Wallets at Coastal HSA put predictable spending within reach for employers. Simply allocate a set dollar amount of credits to each employee’s Health Wallet. From there, employees can submit their receipts through our easy-to-use platform to receive their reimbursements. Here’s what you can expect:

  • No premiums
  • Easy to use
  • Flexible credits
  • No signup fees
  • No monthly or annual fees
  • Pay as you go
Centralized Platform

How It Works

Available on both desktop and mobile, our platform offers clarity for employers and ease of use for employees. Within just a few minutes, you can:

  • Onboard employees
  • Allocate credits
  • Customize your plans
  • Have health coverage
HSA Health Wallet

Health Wallet Benefits

Flexible, affordable and easy-to-use health benefits.

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eligible health expenses

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average claim submission time

0 %

coverage for employees

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competitive admin fee

One account. 140+ benefits.

Discover the Coastal HSA difference as an alternative or supplement to traditional insurance.

Getting Started

Flexible health benefits
start here

Explore our plans below for a firsthand look at our HSA Health Wallets.