Common HSA Claim Mistakes That Trigger CRA Audits

In the realm of health and wellness spending accounts (HSAs), understanding the pitfalls that could lead to a Canada Revenue Agency (CRA) audit is crucial for both incorporated individuals and employers. Proper claim handling ensures compliance, maximizes benefits, and minimizes the risk of penalties. This article provides a comprehensive overview of the most common HSA […]

All Things You Need To Know About Third-Party Administrator (TPA)

A TPA is an organization that handles the operational and administrative duties of an employee benefits plan and is different from an insurer. They are experts in benefits administration and can work with Insurers to provide benefits coverage and more personal service. TPAs were created to fill a gap in the insurance marketplace where administration needs were growing more complex (specialized employee eligibility requirements, hour bank systems, etc.).

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