Prepay: a funded Aya card
Your company loads funds in advance. Employees pay for eligible purchases with their Aya card and upload their receipts.
How Prepay worksHEALTH AND WELLNESS SPENDING ACCOUNTS IN CANADA
HSA vs WSA.
Choose what fits your team.
A Health Spending Account covers eligible healthcare expenses. A Wellness Spending Account supports the wellness categories you choose. Aya offers both, including a flexible HSA+WSA solution.
HSA vs WSA: what’s the difference?
| Your plan | Health Spending Account (HSA) | Wellness Spending Account (WSA) |
|---|---|---|
| What it supports | Eligible medical, dental and vision expenses. | Employer-selected wellness categories. |
| Examples | Dental care, prescription glasses and eligible medication. | Fitness memberships, classes, equipment and athletic clothing. |
| Employee tax treatment | Qualifying benefits are tax-free federally. Québec provincial tax applies to employer-paid coverage. | A taxable employee benefit. |
| Who sets the allowance | Your company. | Your company. |
| How employees use it | Prepay or PostPay. | Prepay or PostPay. |
| Explore the account | Health Spending Account details | Wellness Spending Account details |
Found the right account mix?
Tell us about your company and get your plan and pricing.
HEALTH AND WELLNESS, TOGETHER
You can offer both.
Aya provides Health Spending Accounts (HSA), Wellness Spending Accounts (WSA), and a flexible HSA+WSA solution for businesses of all sizes. With our Flex option, employees can allocate funds to either account within set limits.
My employer set me up with an HSA+WSA, how does it work?
Great news! You have all-in-one coverage. You’ll receive a balance for each bucket to use within the specified frameworks. If your employer set up a Flex account for you, you’ll receive a lump sum and can decide how much to allocate to your HSA or WSA bucket at the start of the year!
Is HSA spending tax-free?
Yes. Benefits under a qualifying HSA are tax-free for employees at the federal level. Québec treats employer-paid HSA coverage as a provincial taxable benefit.
PUT YOUR PLAN TO WORK
Choose how your team pays.
HSA and WSA describe what the plan covers. Prepay and PostPay describe how it is funded and used.
PostPay: digital reimbursement
Employees pay for eligible expenses and submit a claim. Reimbursement follows approval and employer funding.
How PostPay worksPut this plan to work for your team.
Confirm the right account, funding and pricing with Aya.
What would it cost for your company?
Compare administration fees and use your own numbers to estimate the budget.
YOUR PLAN STARTS HERE
Find the account mix for your team.
Bring your budget, existing coverage and employee needs. We’ll work through the options with you.