Maximize Tax Savings and Simplify Employee Health Benefits
How PC Metro Makes HSAs Simple for Canadian Businesses
What’s a Health Spending Account (HSA)?
A Health Spending Account (HSA) is a Canada Revenue Agency (CRA) approved method for businesses to reimburse employees for eligible health and dental expenses 100% tax-free. It’s a smarter, more flexible alternative to traditional group insurance.
Your company deducts it; your employees enjoy it—100% tax-free
Health Spending Accounts (HSA) with PC Metro
Why Use an HSA Instead of Traditional Insurance?
- Predictable costs – No surprise renewal hikes.
- Tax-efficient – 100% deductible for the business and tax-free for employees.
- More coverage – Includes a wider range of eligible expenses.
- No wasted premiums – No monthly premiums, co-pays, or deductibles.
- Flexible design – You set the limits; your team decides how to use them.
What PC Metro Does
PC Metro is a trusted third-party administrator and claims adjudicator specializing in Health Spending Accounts (HSAs) for small and mid-sized Canadian businesses. We handle everything to ensure your HSA runs smoothly and stays CRA-compliant.
Our services include:
- Custom plan setup and design tailored to your business
- Employee onboarding and support
- Real-time claim submissions through our secure portal
- Claims review and adjudication to CRA standards
- Direct reimbursements to employees
- Full compliance tracking and audit-ready reporting
- Ongoing support and reporting for plan management
With PC Metro, your HSA is easy to manage, fully compliant, and hassle-free.
Why Choose PC Metro’s Health Spending Account?
- Tax Efficiency: Convert personal medical expenses into fully deductible business expenses—saving 30% to 50% in taxes.
- Flexible and Personalized: No one-size-fits-all coverage—employees decide how and where to use their benefits.
- No Monthly Premiums: Your business only pays when claims are made.
- Company-Funded, Employee-Focused: Your business funds the HSA. Employees receive reimbursements tax-free.
- CRA-Compliant: PC Metro ensures compliance with the Income Tax Act.
Who It’s For
– Incorporated professionals
– Family-run businesses
– Small to mid-sized Canadian companies
– Businesses with or without existing benefit plans
Who is Eligible?
You’re a great fit for an HSA if you:
Own an incorporated business in Canada
Pay for medical or dental expenses (for yourself or your family)
Receive T4 employment income (dividends alone do not qualify; a combination of T4 and dividends is acceptable)
Want to offer flexible, tax-efficient benefits to employees
How It Works
Custom plan setup – We design an HSA tailored to your business needs.
Fund the plan – You contribute based on your budget and plan limits.
Employee claims – Employees submit eligible expenses through our secure portal.
Claims review – We review and adjudicate each claim in compliance with CRA guidelines.
Direct reimbursements – Employees are reimbursed securely and quickly.
Ongoing support – You receive detailed reports and ongoing administrative assistance.
Simple, secure, and fully CRA-compliant—PC Metro handles the details so you don’t have to.
Turn Personal Health Expenses into a Corporate Tax Deduction
How an Executive-Only HSA Plan Works
An Executive-Only HSA is designed for incorporated business owners who do not have arm’s-length employees. Here’s how it works:
- Pay for the expense
You (or your family) pay out-of-pocket for a medical or dental expense—for example, $1,000 at the dentist.
Submit the claim
Upload your receipt through the secure PC Metro portal.Fund the plan
Your corporation transfers the claim amount (plus any applicable adjudication fees and taxes, if applicable) to PC Metro.Get reimbursed
PC Metro reimburses you personally for the full eligible amount of the expense.
The result: Your corporation can deduct the cost of the claim as a business expense, while you and your family receive the reimbursement 100% tax-free.
How an Employee HSA Plan Works
For businesses with arm’s-length employees, the process looks like this:
Pre-fund the account – Your company contributes to the Health Spending Account on a monthly basis to ensure funds are available.
Employees pay for the expense – Employees pay out-of-pocket at the time of service (e.g., $200 for a prescription or $1,000 at the dentist).
Submit the claim – Employees upload their receipts through the secure PC Metro portal.
Reimbursement – PC Metro reimburses employees directly from the company’s pre-funded balance.
Claims are processed once adequate funding is in place, ensuring fast and reliable reimbursement for your team.
Peace of mind for your employees, tax efficiency for your business.
What Expenses Are Covered?
Your Health Spending Account (HSA) can be used to cover a wide range of medical and dental costs that are eligible under CRA guidelines. Common expenses include:
Dental and vision care
Prescription medication
Paramedical services (e.g., physiotherapy, massage therapy, chiropractic care)
Mental health services (e.g., counselling, psychotherapy)
Medical travel, assistive devices, and insurance premiums
Use this guide to help you plan your benefits and ensure your claims are eligible. It includes detailed examples of allowable expenses under your HSA or Wellness Account.
Ready to Take Control of Your Healthcare Spending?
Let PC Metro help you implement a flexible, cost-effective HSA solution that benefits both your business and your employees, simplifying reimbursements, maximizing tax efficiency, and giving your team the health coverage they deserve.