• On January 1, 2026, the HSA Wallet rate will rise to 7% per claim. Current clients will keep their existing plans.
    Sign up before January 1, 2026 to secure today’s rates!

Health Spending Account Wallet

The HSA Wallet is currently available to businesses and nonprofits in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Nunavut, and the Yukon.

HSA Wallet

Simple and affordable pay-as-you-go model with a refundable float to fund claims as they happen. Sign up as a Plan Administrator.

6 % /claim
  • Coastal HSA App
  • 100+ Eligible Health Expenses
  • Health Claim Adjudication
  • Quick Direct Deposit Reimbursement

    Get reimbursed in just 2-5 business days

  • Quarterly Health Credit Allocation

    For example, a $1,000 Health Wallet will generate a $250 credit distributed on January 1, April 1, July 1, and October 1.

  • Carryover Unused Health Credits

    On January 1st, unused health credits rollover for up to 1 year.

  • Monthly Statements
  • RDS AES-256 Data Encryption
  • CRA Compliant
  • In-App Support
Start Your HSA Today
HSA Billing

How it Works

With our HSA, employees are reimbursed quickly, and you’ll have full visibility into health spending with clear monthly statements.

Only One Fee: 6% on Approved Claims

You’re only charged when a health claim is approved — no monthly or annual fees, no setup fees, no surprises.

Western Canada Example:
A $150 approved claim = $159.45 total

($150 for the claim + $9 admin fee + $.45 GST on admin fee)

In-App Monthly Statements

At the beginning of each month, you can log in to view a summary of your plan’s activity from the previous month.

Your monthly statement includes all approved health claims in that month.


To settle the balance, you'll receive an Interac e-Transfer request for the total amount owing.

Refundable Float to Activate Your Plan

To make employee claim payouts possible before billing, we require a refundable float/deposit when your plan starts.

  • 10% of your annual plan value.
  • Fully refundable when your plan ends.

Example:
4 employees × $2,500 HSA = $10,000 plan value → $1000 deposit

$100 HSA Claim: Fees and Taxes by Province

Province(s)ClaimAdmin (6%)Taxes AppliedTotal Cost
Alberta, BC, Manitoba, Saskatchewan, Yukon, NWT, Nunavut$100$6GST 5% on admin = $0.30$106.30
New Brunswick, PEI, Newfoundland & Labrador$100$6HST 15% on admin = $0.90$106.90
Nova Scotia$100$6HST 14% on admin = $0.84$106.84
Ontario$100$6PPT 2% on claim + admin = $2.12. RST 8% on claim = $8. HST 13% on admin = $0.78$116.90
An HSA Wallet Example

A $500 Dental Claim as a Non-Taxable Benefit

Pricing

With our simple pay-as-you-go pricing, you only pay when we process a claim. Here's how it works:

  • $500 dental claim
  • $500 reimbursed to employee (non-taxable benefit)
  • $531.50 billed to employer (deductible business expense)
  • $531.50 = $500 (claim) + $30 (6% admin fee) + $1.50 (GST on admin fee))

A Plan for Nonprofits Charities

Enjoy our HSA Wallet with a lower admin fee of just 5% — because every dollar matters.

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Pricing