Health Spending Accounts in Saskatchewan: Coverage Without Monthly Premiums

If you operate an incorporated business in Saskatchewan, a Health Spending Account (HSA) gives you a more efficient way to handle personal health and dental costs.

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Your corporation reimburses you for eligible expenses, keeping the benefit tax-free on your end and fully deductible for the business.

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Hiveworks makes it simple to stay compliant with CRA rules while maximizing your savings.

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What is a Health Spending Account?

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With a Health Spending Account, your corporation reimburses you for eligible medical expenses.

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You pay upfront, submit the receipt, and once it’s approved, your business reimburses you.

That means tax-free benefits for you and a deductible expense for your company.

There are no monthly premiums or restrictive insurance plans.

An HSA gives you flexibility, clarity, and control.

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

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Why Saskatchewan Business Owners Choose HSAs

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Public health care covers a lot, but it doesn’t take care of everything.

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Dental visits, new glasses, counselling sessions, and other treatments often come straight out of your own pocket.

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When those costs run through an HSA, your corporation reimburses you, turning after-tax spending into a tax-free benefit and a business deduction.

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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 Saskatchewan tax rates.

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What’s Covered Under an HSA?

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In Saskatchewan, a Health Spending Account gives you flexibility to claim services from a wide range of licensed practitioners. If the provider is licensed in the province and the service is recognized under the CRA’s Medical Expense Tax Credit (METC), it qualifies.

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The full list of eligible practitioners in Saskatchewan:

• Audiologist
• Chiropractor
• Dental assistant
• Dental hygienist
• Dental technician or technologist
• Dental therapist
• Dentist
• Denturist, dental mechanic, denturologist
• Dietician
• Emergency medical technician
• Licensed or registered practical nurse
• Medical laboratory technologist
• Medical radiation technologist
• Midwife
• Naturopath
• Occupational therapist
• Optician
• Optometrist
• Pharmacist
• Physician
• Physiotherapist or physical therapist
• Podiatrist
• Psychologist
• Registered nurse (including nurse practitioner)
• Registered psychiatric nurse
• Respiratory therapist
• Social worker
• Speech-language pathologist
• Surgeon

With this broad list, your HSA in Saskatchewan can be applied to everything from routine dental and vision care to specialized therapies and medical services.

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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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Saskatchewan HSA Claim Example

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Let’s walk through a simple example:

• You pay $200 out of pocket for an optometrist check up
• Upload your receipt through your Hiveworks dashboard
• We review the claim for CRA eligibility
• Your corporation is invoiced $200
• You receive the full $200 back via direct deposit

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

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Built for Saskatchewan's Incorporated Professionals

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Hiveworks supports professionals across Saskatchewan, from Saskatoon to Regina to Prince Albert, 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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Turn health and dental expenses into tax-free reimbursements with Hiveworks.

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