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Are Health Spending Accounts the New Benefits Plans?

In a 2019 study conducted by the Conference Board of Canada, 66% of Canadian organizations are now offering HSA. Does this mean traditional benefit plans are on their way out? An HSA is a great way to supplement a traditional benefits plan and provides flexibility for plan members and their families. Employees value choice, and an HSA is a great way to offer choice while keeping liabilities fixed for a business.

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