Health Care Spending Account. (HCSA)

Employers may offer their employees a Health Care Spending Account (HCSA) as an alternative to a traditional insured benefit plan.

The plan sponsor contributes a defined amount of funds (Annual-Maximum) into an HCSA for each eligible plan member. These funds are then used to pay for health and dental expenses as defined by your group benefit health plan. There may be inner limits by various service providers and/or per visit or limits based on time periods.

If you have an HCSA, click here for a list of potential eligible expenses. And click here for a list of things that are not allowed. Or, visit the Canada Customs and Revenue Agency website and read the full IT519r2 bulletin at www.cra-arc.gc.ca for further guidelines and specific details.

The processing of Pre-Determination (Estimates) is handle in the same way as a claim. All internal and manual review process are included. Co-ordination of Benefits with other insurance plans is allowed and follows the industry standard rules.