Real Value for Real People
Brought to you by your Advisor Mario Francella, at Experior Financial Group, in partnership with Blendable.
As a member of the Ontario Commercial Arborists Association, your business is entitled to an exclusive, affordable group health plan. Mario has partnered with Blendable to design a simple benefit solution that provides actual value to your business.
Health Spending Accounts
A Health Spending Account is simplicity defined. You, as the Plan sponsor, contribute funds to Member accounts. Members submit claims, then Blendable reimburses any eligible health care expenses. Simple.
With the Health Spending Account, your Members will value the flexibility. The only limit on spending is the amount available in their account. You don’t have to pay premiums for services they won’t use and you decide how much you want to contribute – you control the budget.
See the valuable features for you as the business owner Plan Sponsor and for you and any other Plan Members.
Feel free to take a peek at our Help Centre articles for more information:
- Why are HSAs better than regular health benefit plans?
- What're the benefits of an HSA?
- How do HSAs work?
Classifications for an HSA can be reasonably defined by the Plan Sponsor using positions, status (full-time or part-time), levels, family status, etc. to distinguish contributions. When setting up your plan, you choose the contribution level that fits your budget and your business goals.
To make things easy, we've set up some standard class amounts with standard monthly contributions into which you can slot your Members. For example, you may want to group some or all of your team into a class with contributions of $83.33 per month - that translates into $1,000 per year of tax free funds for your team to spend on health and dental expenses! The executive class may be at a higher level so that you can use tax free funds for your family's expenses.
Remember it's your choice, you control the budget. Want a different amount? Just reach out and say hello@blendable.ca!
- Class 1: $83.33
- Class 2: $150.00
- Class 3: $300.00
- Class 4: $500.00
