Wellness Spending Accounts: Flexible Solutions for Teams

Benefits of Wellness Spending Accounts (WSAs)

Flexibility Beyond Health

Wellness Spending Accounts cover a wide range of expenses beyond traditional health benefits, including fitness, professional development, home office setups, and work equipment, making them a versatile addition to your benefits package.

Diverse and Customizable

Wellness Spending Accounts offer flexibility that Health Spending Accounts do not. You can create custom categories aligned with your company's values and employees' lifestyles, enhancing satisfaction and engagement.

Balanced Cost Control

WSA let companies add a set amount of money for employee benefits, making it easy to plan their budget. Employees can decide how they spend their allowances, ensuring everyone gets useful and lasting benefits.

Tax Efficiency

Employer contributions to WSA are often tax-deductible, enhancing your compensation package while optimizing tax strategy.

Understanding HSA & WSA

Combined or Individually
GoKlaim Adapts to Your Needs

HSA

HSAs cover a wide range of CRA-approved medical expenses, including prescription medications, vision care, and some alternative therapies, ensuring comprehensive support for employees' health needs.

List of expenses must align with guidelines set by the Canada Revenue Agency (CRA).

WSA

Covers beyond health, including fitness, professional development, and home office setups.

Employers can create custom categories to suit the unique needs of their team.

Broad Benefit Options

WSA Categories

Fitness

Gym memberships, fitness classes, personal training, yoga, etc.

Professional Development

Tuition fees, courses, certifications, seminars, books, etc.

Home Office Setup

Office furniture, computer equipment, software, ergonomic accessories, etc.

Work Equipment

Uniforms, tools, safety equipment, and other job-specific gear.

Sports & Leisure

Public transit passes, recreational sports fees, hobby supplies, etc.

Family Care

Childcare services, eldercare services, pet care, meal kits, etc.

Green Living

Solar panels, energy-efficient appliances, public transit passes, home energy audits, etc.

Travel and Accommodation

Flights, hotels, car rentals, RV rentals, etc.

Insurance Premiums

Life insurance, critical illness insurance, pet insurance, etc.

Homecare

snow removal, lawn mowing, cleaner, etc.

Pet Care

grooming, pet sitter, vet, etc.

Mechanical garage

repairs, tire changes, oil changes, etc.

Add & customize your plan

Add any categories of your choice.

GoKlaim WSA Benefits

Why Choose GoKlaim for Your WSA?

Add Dependents

Include family members for comprehensive benefits.

Rollover Funds

Carry over unused balances to to the following year.

Custom Categories

Add the categories of your choice to meet team specific needs.

Flexible Management

We process claims and payments on your behalf.

Client Success Stories

What Are They Saying About Us?

Sean

Chief Product Officer

We were initially planning to go for group insurance, which was costly for a small company like us, but GoKlaim helped us get the benefits we actually want and also ensured our costs were managed effectively.

Martin

Financial Director, Gestisoft

The GoKlaim app was easy and quick to deploy, and its use is just as seamless! It’s a breeze for both users and administrators. I highly recommend it without hesitation!

Valérie

Human Resources Consultant, Caerha services RH

I've implemented GoKlaim for clients, and the platform is user-friendly and efficient. It's a perfect Quebec-based solution for small businesses offering personalized perks that employees love. The service is flawless!

Carolyne

Drummondville Sports

This app is remarkably simple, allowing everyone, even those less skilled, to use it easily. Additionally, the speed of refunds is incredible, ensuring a smooth and efficient user experience!

FAQ’s

Quick Questions You May Have

A WSA provides employees with a flexible spending allowance that can be used for various expenses beyond traditional health-related costs, such as Pet Care, Home Care, Sports & Leisure.

WSA offer flexibility, customization, and control over spending, enabling employees to choose how they use their benefits to best suit their personal and professional needs.

Yes, employers can create custom categories and set specific allowances to align with their company's values and the unique needs of their workforce. You can even add specific limits for specific categories.

By offering a diverse range of benefits that cater to individual preferences and lifestyles, WSA enhance employee satisfaction and engagement, leading to higher retention rates.

GoKlaim fully manages your Wellness Spending Accounts, Including processing claims and payments, providing a hassle-free solution for employers and a rewarding experience for employees.

WSA

Flexibility Beyond Healthcare