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A Health Care Spending Account (HCSA), or Healthcare Spending Account (HSA) is a type of flexible employee benefit program in Canada that aims to provide more flexibility than a traditional health plan. As a supplemental program, it covers items that are not normally part of the traditional plan. Generally these plans include a fixed amount per employee available to be claimed, which makes budgeting for them easier for employers. Expenses that can be claimed against an HCSA are regulated by the Canada Revenue Agency.
referencePosted on 30 Sep 2024, this text provides information on Miscellaneous in Medical related to Medical. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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