Health Spending Accounts in Nunavut: Eligible Expenses Made Simple

If you run an incorporated business in Nunavut, a Health Spending Account (HSA) lets your corporation handle eligible health costs on your behalf.

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Hiveworks makes it easy to follow CRA rules and reduce your overall tax burden.

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What is a Health Spending Account?

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A Health Spending Account is set up by your corporation to provide you personal health and dental coverage.

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You pay the bill as you normally would, submit the receipt, and once approved, you are reimbursed by your business.

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That reimbursement is tax-free on your end and deductible for the company.

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You do not need to pay monthly premiums or deal with restrictive policies.

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HSAs provide a simple and flexible solution.

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Need a full breakdown? Visit our What Is a Health Spending Account page.

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Why Nunavut Business Owners Choose HSAs

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Even with public health care, medical costs like therapy sessions, eye exams, and dental work fall on you to pay.

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An HSA turns those expenses into corporate deductions, leaving you with more take-home income.

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Example:
Earning $115,000 with $5,000 in medical costs? You could save over $2,800 compared to paying personally.

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Use our HSA Savings Calculator to estimate your savings based on Nunavut tax rates.

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What’s Covered Under an HSA?

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HSAs in Nunavut cover services from the following professionals, provided they are licensed locally and meet CRA’s METC requirements.

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The full list of eligible practitioners in Nunavut:

• Dental hygienist
• Dental therapist
• Dentist
• Denturist, dental mechanic, denturologist
• Licensed or registered practical nurse
• Midwife
• Ophthalmic medical assistant
• Optometrist
• Pharmacist
• Physician
• Psychologist
• Registered nurse (including nurse practitioner)
• Surgeon

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Whether it’s dental, medical, or vision care, your HSA in Nunavut ensures eligible licensed professionals are covered, turning out-of-pocket costs into business deductions.

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In addition, over 100 medical expenses are also covered.

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Examples of eligible medical expenses include:

• Braces and Invisalign
• Eye care (exams, prescription glasses, contact lenses, laser eye surgery)
• Prescription medications
• Orthotics and orthopedic footwear
• Group benefit premiums not reimbursed elsewhere

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See the full list in our Eligible Expenses Guide.

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Nunavut HSA Claim Example

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Let’s walk through a simple example:

• You pay $220 out of pocket for orthopedic footwear.
• Upload your receipt through your Hiveworks dashboard
• We review the claim for CRA eligibility
• Your corporation is invoiced $220
• You receive the full $220 back via direct deposit

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There are no provincial insurance taxes on HSA claims in Nunavut.

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Built for Nunavut's Incorporated Professionals

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Hiveworks supports professionals across Nunavut, from Iqaluit to Rankin Inlet to Cambridge Bay, with a smarter way to handle health expenses.

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Our platform helps you:

• Set your annual reimbursement cap (up to $15,000)
• Add your spouse and dependants at no extra cost
• Submit multiple claims anytime
• Track reimbursements online
• Access clean reports at tax time

No paperwork. No claim-by-claim admin fees. Just one flat rate.

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Am I Eligible?

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Eligibility is straight-forward. Take a moment to review the eligibility details.

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Already Have Benefits? Your HSA Still Helps

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Many employer or spousal plans don’t cover 100% of your costs. An HSA helps with what’s left over.

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You can claim:

• The uncovered portion of medical or dental expenses
• Vision costs beyond your plan’s annual max
• Services excluded by your plan (e.g. orthodontics, acupuncture, or LASIK)

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Learn more about Combining HSAs with Group Benefits or Spousal Plan Coordination.

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Flat Annual Fee. No Surprises.

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Hiveworks charges one simple fee: $279 per year.

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That includes:

• Up to $15,000 in claims
• Unlimited submissions
• Spouse and dependants expenses
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No monthly fees or hidden charges.

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Get Started Today

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Only expenses dated after your plan begins are eligible.

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Hiveworks makes it easy to change everyday health bills into meaningful savings.

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Open an HSA in Minutes or Contact Us if you have questions.