Healthcare Spending Account

What is a Healthcare Spending Account (HSA)?

The HSA provides you with a tax-effective way to pay for eligible expenses. The HSA can be used to pay for healthcare and dental expenses in excess of your existing benefit maximums, or to pay for medical expenses which meet the guidelines for the Medical Expense Tax Credit as defined by Canada Revenue Agency, with some exceptions. Please see Eligible Expenses for exceptions.

You can also claim eligible expenses for anyone that you claim a tax deduction for, in accordance with the Income Tax Act (Canada).

Coverage Details

The HSA pays healthcare and dental expenses for you, your eligible spouse/common-law partner, your eligible dependant children, or anyone that you can claim as a tax deduction for, in accordance with the Income Tax Act (Canada), provided the expenses are eligible under Canada Revenue Agency’s Medical Expense Tax Credit guidelines, with some exceptions. See Eligible Expenses for exceptions.

Eligibility criteria

Maximum HSA Benefit Amounts

The HSA benefit amount is $500 for full-time employees and $250 for part-time employees. As noted in the Eligibility section, your benefit amount, whether full-time or part-time, will be based on the number of months you participated in the HEB Manitoba Healthcare Plan and your regular paid hours of work (excluding overtime) in the previous calendar year.