Health Benefits, But Better.
Turn your personal medical expenses into a 100% tax-deductible business cost — and a 100% tax-free benefit to you. No premiums. No deductibles. No surprises.
$15,000
Annual coverage limit
1–3 days
Reimbursement time
20+ yrs
Industry experience
$15,000
Annual coverage limit
1–3 days
Reimbursement time
20+ yrs
Industry experience
WHO IT'S FOR
Is the Olympia Small Business Plan Right for You?
You're a great fit if you:
Own an incorporated business
Have medical or dental expenses
Receive T4 income
Have no arm's-length employees
If that sounds like you, you could be overpaying for health coverage — or paying out of pocket for expenses that should be working in your favour at tax time.
THE PROBLEM
Traditional Insurance Wasn't Built for Business Owners
With traditional insurance, you pay every month whether you use it or not — and when you do use it, you're often met with exclusions, waiting periods, and pre-existing condition clauses. An HSA flips that model: you only pay for what you actually use, and it's covered in full.
HOW IT WORKS
Simple, Fast, Tax-Free
Incur an expense
Pay for a medical expense out of pocket — say, $500.
Submit and transfer
Submit your claim online and transfer $500 from your business account. This payment is 100% tax-deductible.
Get reimbursed
Olympia reimburses you $500 tax-free, directly to your personal account, within 1–3 business days.
That's it. No paperwork nightmare. No approvals committee. No waiting weeks for a cheque.
SHOW ME THE SAVINGS
The Math Speaks for Itself
Here's what happens when you incur $3,000 in medical expenses over a year:
*Based on a 36% marginal tax rate. Without a plan, you'd still only capture a $237 Medical Expense Tax Credit.
WHAT'S COVERED
Comprehensive Coverage, No Guesswork
Get 100% coverage up to your $15,000 annual limit, including:
All prescription drugs
All dental
All optical
Paramedical services
Non-government health plan premiums
...and much more
Unlike traditional insurance, an HSA isn't limited by narrow item-by-item maximums — just your overall annual limit. That means real flexibility to spend on what your family actually needs, from dental crowns to vision care to mental health support.
WHY OLYMPIA
Backed by 20+ Years of Experience
Backed by Olympia Financial Group — a trusted name in benefits administration for over two decades
No premiums, no deductibles
No administration fees, no setup fees
Fast reimbursement — 1 to 3 business days
100% coverage on all eligible expenses, up to your annual limit
PRICING
Simple, Transparent Pricing
Annual Membership
$249/year
Core HSA coverage — no premiums, no deductibles, no hidden fees.
Annual Membership + Insurance
$499/year
Everything above, plus optional Exceptional Expense Insurance and Emergency Medical Travel Insurance for extra protection at home and abroad.
OPTIONAL PROTECTION
Extra Peace of Mind, When You Need It
Exceptional Expense Insurance
Protects you and your family from major health and dental costs your provincial plan won't cover — semi-private hospital ($5,000), ground ambulance ($5,000), accidental dental ($5,000), home care nursing ($10,000), convalescent home care ($10,000), and mobility assistive devices ($5,000) — with no deductible and no medical underwriting, up to age 69.
Emergency Medical Travel Insurance
Up to $2,000,000 in coverage for unexpected illness or injury while travelling — in Canada or abroad, for business or pleasure. No deductible, no pre-existing condition clause up to age 65, and coverage for trips up to 45 days.
COMMON QUESTIONS
Frequently Asked Questions
No — and that's the point. Insurance charges you a premium whether or not you use it, and restricts what's covered. An HSA has no premiums; you're only ever paying for expenses you actually incur, and they're covered at 100% up to your limit.
You only pay for what you use — there's no "use it or lose it" premium sitting on the table.
Yes. Health Spending Accounts are a recognized structure under CRA rules that lets incorporated business owners convert personal medical expenses into a deductible business cost.
A wide range of expenses — from prescriptions and dental work to massage therapy, mental health services, and paramedical care.
Stop Paying for Coverage You Don't Use.
Start turning your medical expenses into tax savings today.
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