Health Spending Accounts

Typically, in order to pay for health care expenses,delivered by, prescribed by, or dispensed by a
you must earn the income, pay personal income taxLicensed Medical Practitioner in the province where
at rates of up to 48%, and then only what remainsyou are living, or in the jurisdiction where you are
after taxes is available to be used for health carereceiving the treatment. Treatments like: Anti-Obesity
costs. Using a Health Spending Account, the entireDrugs, Assistive Mobility Devices, Audiologist Services,
amount of the pre-tax income you designate isBotox Injections, Chiropractic Services, Contact
deposited into a trust account to be used exclusivelyLenses & Vision Care, Cosmetic Dentistry &
for health care spending. You can either use theCosmetic Surgery, Dental Services & Surgery,
money saved in this account to pay for health careDermatologist, Drugs, Elderly Parent & Dependent
expenses directly, or request reimbursement fromCare, Fertility Drugs & Treatments, Hair Transplant,
your Health Spending Account for expenses youLaser Eye Surgery, Health Insurance Plans, Laser Hair
have paid out-of-pocket - not just for yourself, butRemoval, Massage Therapists (RMT), Medical
for any financial dependant you are related to byEquipment, Naturopath, Orthodontics (Braces),
blood or marriage. This means you can now coverOrthopedic Shoes, Psychologist, Physiotherapist,
100% of the health care costs of adult children,Prescription Drugs, Prescription Glass/Lenses,
parents in nursing care, grandchildren, and evenRegistered Dietician, Smoking Cessation Drugs, Special
multiple spouses!Needs Tuition & Care, Teeth Whitening. These are
With a Health Spending Account you can now usejust some of the many services that are 100%
tax-free dollars to cover any health care expensescovered under a Health Spending Account!