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Navigating Canada’s Healthcare Wait Times: How an HSA Can Help

Navigating Canada’s Healthcare Wait Times: How an HSA Can Help

Healthcare wait times in Canada continue to be a growing concern, with patients facing significant delays for diagnostic tests, specialist appointments, and critical medical procedures. According to recent data, the median wait time from a general practitioner referral to treatment now stands at 30 weeks—far beyond what’s considered medically reasonable. These delays can lead to […]
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Americans are feeling more confident about their finances and retirement readiness, according to new data on 401(k) and health savings account (HSA) balances. Supported by greater savings rates and positive market performance, average account balances grew significantly from 2023 to 2024.

Higher Confidence Drives Increased 401(k) and HSA Contributions

Americans are feeling more confident about their finances and retirement read­iness, according to new data on 401(k) and health savings account (HSA) balances. Supported by greater savings rates and pos­itive market performance, average account bal­ances grew significantly from 2023 to 2024. Big Jump in Average 401(k) Balances The average 401(k) account balance at the end […]
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Why an HSA is the Best Choice for Incorporated Businesses

Why an HSA is the Best Choice for Incorporated Businesses

For business owners, choosing the right healthcare benefits can have a major impact on both cost savings and convenience. While several options exist, a Health Spending Account (HSA) offers superior advantages compared to alternatives like a Private Health Services Plan (PHSP) or an Administrative Services Only (ASO) plan.    From predictable funding to seamless claims […]
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HSA vs. Traditional Benefits: Why Flexibility Matters for Your Team

HSA vs. Traditional Benefits: Why Flexibility Matters for Your Team

When it comes to employee benefits, one size does not fit all. While traditional group benefits plans offer structured coverage, they don’t always meet the diverse needs of today’s workforce. That’s where a Health Spending Account (HSA) comes in—offering unmatched flexibility and control over healthcare spending.   If you’re an employer looking to provide valuable […]
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Inflation Drives 2025 HSA Contribution Limits Up Again: A female holding a piggy bank.

Inflation Drives 2025 HSA Contribution Limits Up Again

As inflation continues, the IRS has announced higher health savings account (HSA) contribution limits for 2025. The boosted limits give employees more room to save and invest money for medical expenses tax-free. 2025 HSA Limits Jump Thanks to Inflation For 2025, the HSA contribution limit for individual coverage will increase by 3.6% to $4,300, up […]
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HSA Pros and Cons | INSURICA

HSA Pros and Cons | INSURICA

The health savings account (HSA) is a growing trend in health care, but is it right for you? An HSA is a cost-effective option for many individuals and families, but it is not the best choice for everyone. The Differentiators Comparing HSAs to traditional health plans can be difficult, as each has pros and cons. […]
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