Health Savings Accounts (HSAs): Maximizing Savings with a Twist at GoKlaim
Cynthia Vinney
Market Insights
September 6, 2024
12 min read

GoKlaim: Simplifying Health Spending Accounts for a Better Employee Experience

Navigating the maze of company benefits can often feel like deciphering an ancient riddle. Traditional group insurance companies excel at serving up confusion with plans packed with underused features. But what if you could flip the script on these convoluted benefits? That's where GoKlaim enters the scene, reimagining Health Spending Accounts (HSAs) as a Health and Wellness Spending Account that's all about clarity, simplicity, and tailored health funds.

GoKlaim: Your Health and Wellness Co-Pilot

Imagine an HSA that's as mobile as you are. With GoKlaim, employees download an app and instantly start using their allocated health funds. It's a game-changer in health and wellness management—track your balance, view your allowance schedule, and keep a history of your claims, all within a user-friendly app. Filing a claim is as simple as snapping a photo, describing your expense, and connecting through the app. Yes, managing your health savings really can be that easy.

Learn more about our mobile app for employees.

Employers, Design Your Dream Plan

For employers, GoKlaim is like the Swiss Army knife of HSAs. Customize your plan to suit your business needs. Add dependents who get their own logins and customize categories and subcategories for expenses. And the best part? The rollover feature ensures that unused funds are never lost—they're carried over to the next year. By providing allowances, employers enable their teams to fully maximize their benefits without the usual wastage.

Discover how GoKlaim helps employers offer flexible employee benefits.

Why Choose GoKlaim?

Simplicity, flexibility, and transparency are the cornerstones of GoKlaim. The app is a breeze to use, letting you view your balance, upload receipts, and file claims with a few taps. Employers can scale their teams, plans, and funds with an easy-to-navigate dashboard. And the costs? Completely transparent, with no hidden fees or surprise annual increases.

A Feature-Rich Experience

GoKlaim stands out with its direct payments, support for dependents, and a self-managed approach. Available on iPhone, Android, and the web, the app boasts biometric and Face ID security. Notifications keep employees informed, and there are no setup fees. Plans are flexible and customizable, allowing employers and employees to keep track of allowances with monthly reports and on-demand stats.

Check out our Health Spending Account features and see how they can benefit you.

Security and Certification

With GoKlaim, peace of mind is guaranteed. Your data is shielded with 256-bit encryption and multi-factor authentication. Plus, GoKlaim is SOC 2 certified, ensuring the highest standards of confidentiality, privacy, and security.

Learn more about our commitment to security and privacy.

Eligible Expenses: The Freedom to Choose

GoKlaim empowers employers to customize eligible HSA expenses. From medical and dental care to sports, leisure, and even travel—the choice is yours. Invest in work-life balance with childcare and elder-care services, or focus on green living with energy audits and public transit passes. The list is extensive, giving employees the freedom to allocate their HSA funds to what matters most to them.

For a detailed list of eligible expenses, refer to the Canada Revenue Agency's guidelines.

Connect with GoKlaim

Ready to transform your company's health savings experience? Book a meeting with GoKlaim or drop us a message to get started. With GoKlaim, you're not just choosing an HSA provider; you're choosing a partner dedicated to simplifying, personalizing, and maximizing health savings for a happier, healthier workforce.

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Disclaimer: This blog post is intended for informational purposes only and should not be considered financial or legal advice. Always consult with a professional advisor before making any decisions regarding employee benefits.