NEWMARKET, ON, Sept. 7, 2017 /CNW/ - Neil A. Paton, president and chief executive officer of The Edge Benefits, announced today the launch of a new Health Spending Account (HSA) capability to accompany their recent, and extremely successful Health and Dental launch in June of this year.

"For those who are incorporated, this capability is absolutely outstanding in that it uses corporate versus personal dollars, which creates cost savings that can fund more important things - such as Income Protection," said Paton.

This new capability utilizes the latest technology to enable smart phone expense submission, and it's extremely simple to use, based on a "pay as you go" methodology that does not require any up-front funding.

Sales of the new Edge Health and Dental plans are up 50 per cent since the launch in June, and it is expected that with this new capability, they will be able to reach even more people and build on that outstanding success.

"We decided to partner with myHSA on this project," said Paton, "as we felt that they were where the market needs to be in regard to leveraging today's technology, offering outstanding simplicity and flexibility, and doing so in an extremely cost-effective manner."

All in all, the combination of our new health plans and online health spending account is a unique Edge Benefits offering, and something that you may want to have a look at for yourself, and/or your incorporated clients.

To find out more, please visit our site to register for one of our upcoming educational webinars running throughout the month of September.

About The EDGE

The EDGE is a proud member of The Co-operators Group Limited offering a simplified approach to complex living benefit solutions to the Canadian consumer, which has been revolutionary in the insurance industry. They provide the self-employed and small business owner with insurance solutions specifically designed to meet their needs. Located in Newmarket, Ontario, they currently have 80 employees, over 45,000 policyholders, and have paid out over $100 million in benefit claims in the last 10 years. Approximately 14,000 licensed insurance advisors across Canada currently select the EDGE products when offering Living Benefit Solutions to meet their clients' needs. For more information, visit edgebenefits.com.

SOURCE The Co-operators