Ep. 014: Must-Have Health Accounts for Canadian Business Owners

Summary

In this episode, Guillaume invited Kyle Welsh from MyHSA to discuss the transformation of health benefits through technology, the growth and scalability of MyHSA, and the competitive landscape of health spending accounts. He highlights the unique offerings of MyHSA, including health spending accounts and wellness spending accounts, and explains how these solutions cater to business owners and employees. The discussion also covers the importance of company culture, the guidelines for setting up health spending accounts, and the eligible expenses under these plans. Kyle emphasizes the flexibility of wellness spending accounts and flex plans, as well as the custom solutions available for larger enterprises. He concludes with insights into future innovations at MyHSA and the importance of working with advisors to implement these solutions.

Topics Covered in this Episode:

00:00 Introduction to My HSA

03:56 Growth and Transformation of My HSA

07:10 Technology and User Experience

09:37 Funding Models and Differentiation

12:21 Health Spending Accounts for Business Owners

15:05 Eligible Expenses and Benefits

17:41 Wellness Spending Accounts for Employees

26:49 Creative Employee Benefits for Retention

28:57 Understanding Health and Wellness Spending Accounts

31:15 The Flexibility of My Flex Plan

32:55 Cost Considerations for Spending Accounts

37:50 Custom Solutions for Growing Enterprises

39:10 Exploring MySO: Administrative Services Only

44:59 Future Innovations at MyHSA

MyHSA

Website: https://www.getmyhsa.com/

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Keywords

Health benefits, MyHSA, health spending accounts, wellness spending accounts, employee benefits, technology in healthcare, corporate wellness, financial planning, Canadian health benefits, advisor solutions