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Wellbytes has various options to add value to your business and your wellness
Wellbytes empowers incorporated individuals to maximize tax-free medical reimbursements through HSA.
Offer your employees reimbursement on a wide range of medical, dental, and health related expenses at 100% coverage as tax-deductible benefit.
You’ll receive full support and access to our innovative products and systems without Broker Licensing.
Find out why Businesses and Individuals partner with Wellbytes. We’re on a mission to simplify wellness through a seamless solutions leveraging our proprietary technology which in turn maximizes your savings and saves you valued time.
Whether incorporated or a small to large business, Wellbytes HSA is the only platform designed for you.
Manage benefits, track claims, and optimize health spending for your business with Wellbytes CRM
Start now with no setup fees and no hidden costs
Dedicated assistance for your business anytime
Protects business sensitive information and financial information
A Health Spending Account (HSA) is a tax-efficient and cost-effective way for employers and sole proprietors to offer health benefits to employees, their dependants and themselves. Wellbytes HSA is fully funded by the employer.
Health benefits offered through this plan are 100% deductible to employers and 100% tax-free to employees. There are no premiums, hidden fees, deductibles, copay, or complex policies.
Your employees will be able to claim a variety of health, dental, and vision expenses without breaking their bank or category specific limits.
HSA’s in Canada are regulated under the CRA Income Tax Act. More information can be found in the Income Tax Folio S2-F1-C1. All eligible expenses can be found at the CRA website.
All employees are eligible for HSA in Canada.
It is arranged and sponsored by the employer to reimburse health care and dental expenses. The employer deposits a predetermined amount in the health spending account and all employees can benefit from it.
We charge a flat $2 + 7% admin fee that is negotiable depending on employer size (amount of employees), on every transaction (reimbursement of claim to employee).
Other than that, Wellbytes has:
No annual fees.
No setup fees.
No enrolment fees.
No maintenance fees.
All eligible medical expenses are determined and governed by the Canada Revenue Agency (CRA).
To see an extensive categorized list of eligible expenses:
To see an extensive list with detailed information of eligible expenses:
To begin your registration with Wellbytes:
Book a consultation on the ‘Contact Us’ page if you have more questions.
