We work with each individual customer to select a solution just right for them.

ESORSE creates concrete administration systems from sketchy concepts and vague regulatory guidance. We are a team determined to provide flexible solutions to allow its clients to market, design, propose, administer, and support Employee Benefit Plans.

Contact us to experience the convenience of benefit card with functionality of a debit card that supports the following Plans:

Health Spending Accounts (HSA)

Health Spending Account is a Special Account (similar to a Savings Account) set up by the employer and administered by an Administrator to reimburse eligible health-related expenses (based on Income Tax Act 519, Medical Tax Credit) of its employees, as defined by the agreed terms of the plan. It is designed to comply with the requirements of the current version of Income Tax Act 339 (Private Health Services Plan) or Income Tax Act 85 R2(Health and Welfate Trust).

 

Administrative Services Only (ASO)
In this plan, the employer self-insures the cost of providing the health and dental benefits. Its operation is similar to a petty cash concept and is adjudicated against the agreed Plan Design.

 

HSA Sponsored
This unique plan combines HSA concept with petty-cash funding. Contributions are governed by Income Tax Act 85R2 and Income Tax Act 339 while medical and drug expenses will be adhering to Income Tax Act 519 (Medical Tax Credit). Only funds allocated for electronic adjudication may be forwarded to ESORSE , giving its customers full control of their clients' funds.


PIONEER IN ITS FIELD
ESORSE Benefit Card offers convenience to its cardholders while it protects the TPAs from unnecessary financial exposures. It has the capability of real-time monitoring of claims history and allowable expenses of its member.

DOUBLE CONVENIENCE IN A SINGLE CARD
ESORSE Benefit Card can accommodate both ASO and HSA accounts. With just a single card, the member can take advantage of his HSA account to augment insufficiency of funds from his ASO account. And this is done automatically. Even deductibles and co-pay amounts can be charged to the HSA account.

NOT A COOKIE CUTTER
Designed with flexibility in mind, ESORSE does not expect its clients to conform to its existing formularies and plan designs. On the contrary, employers are challenged to creatively create schemes that best fit their manpower and financial resources.

SAFEGUARDING YOUR ASSETS  
Placing financial assets in the care of ESORSE is a choice well made. You have the assurance that these assets will be placed in a Trust Fund, safeguarded and administered by independent, impartial, and highly competent Trustees.

ACCOUNT-ON-THE-FLY
As snail mail is becoming a thing of the past, Explanations of Benefits are made available to the members anytime through internet. Status and history of expenses can be viewed
immediately after each transaction, without leaving the familiar environment of the corporate website. In addition to the prompt response of our Account-on-the-fly, imagine the hefty savings from printing and postage costs.

 



 
 
 
IT -519R2 Medical Expense and
Disability Tax Credits and Attendant
Care Expense Deduction
http://www.cra-arc.gc.ca/E/pub/tp/
it519r2-consolid/it519r2-consolid-e.html
.............................................................................

IT85R2 Health and Welfare trusts for employees
http://www.cra-arc.gc.ca/E/
pub/tp/it85r2/it85r2-e.html
.............................................................................

IT-339R2 Meaning of private health
services plan [1988 and subsequent
taxation years]
http://www.cra-arc.gc.ca/E
/pub/tp/it339r2/it339r2-e.html
.............................................................................

IT502 Employee Benefit Plans and
Employee Trusts
http://www.cra-arc.gc.ca/E
/pub/tp/it502/it502-e.html
.............................................................................

IT 529 Flexible Employee Benefit
Programs
http://www.cra-arc.gc.ca/E
/pub/tp/it529/it529-e.html
.............................................................................

 

 

 

 

 





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