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

Effective April 1, 2010, and limited to services performed on or after that date, the HSA benefit amount will be $250 for full-time employees and $125 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.

Effective April 1, 2011,
the HSA benefit amount will increase from $250 to $500 for full-time employees, and from $125 to $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.

Determining the HSA Benefit Amount for 2011 or Later (PDF)

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Disclaimer - This website provides a basic overview of the Healthcare Employees' Pension Plan (HEPP) and the Healthcare Employees' Benefits Plan (HEBP) (collectively the HEB Manitoba Pension and Benefit Plans). Not all employers participate in all Plans. Please check your eligibility for benefits with your employer.

HEB Manitoba is a name notation registered by the Healthcare Employees’ Pension Plan – Manitoba and the Healthcare Employees’ Benefits Plan – Manitoba and under which each of their respective undertakings is carried out.

The information on this website is for convenience of reference only and has no official sanction. View our full disclaimer here.