Health care savings accounts were designed for small businesses to provide much better benefits for employees and better premiums for the business in question. Things like small business health insurance plans can provide an immeasurable service for employees, as well as a physical and mental security blanket for the employees.

The primary attraction of a Health spending account is that it covers 100 percent of out of pocket health care costs for employees with 100 percent pre taxed dollars. Interestingly, about 30 percent of Canadian health expenditures come from private sources. On that note, about 60 percent of Canadian employers worry about the quality of the health plans for their employees.

Therefore, it is so important that health care spending accounts exist. HSA plans allow companies to provide health care for employees without having to pay an arm and a leg for it in the process. Health savings accounts are equally as important, and companies must take care of their finances to be able to provide adequate health care coverage to their employees. See this reference for more.