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DataPath 223-HSA

 

DataPath has developed three options for administering Health Savings Accounts (HSAs) to meet the unique needs of our users whether that need is to:

  • Option 1: Track the High-Deductible Health Plan (HDHP) deductions and the HSA contributions,
  • Option 2: Track the HDHP deductions and HSA contributions PLUS offer disbursement management, or
  • Option 3: Provide full HSA administration.

Following is how DataPath plans to implement these options and the estimated time of release.

Level 1: DataPath is adding a new feature to DataPath 125 to allow users to track the pretax deductions for the HDHP insurance and the HSA contributions. (Estimated time of release: Summer 2004)

Level 2: The next level is an option under a new DataPath system: DataPath 223-HSA. This option provides Disbursement Management in addition to tracking insurance deductions and HSA contributions. After self-adjudication, the participant will enter the claims on myRSC.com for payment. (Estimated time of release: Before end of 2004) At a later date, this system will be expanded to allow the TPA to provide certification of the legitimacy of claims, insurance payments, and contributions.

Level 3: Level three is another option under DataPath 223-HSA. This option will allow the TPA to administer an HSA which has an outside custodian. (Estimated time of release: Summer 2005)

We will be happy to work with you to choose the system that is right for you. Just call us.

 


In This Issue

New Guidance on Coordination of HSAs, HRAs, and FSAs
One Step Closer to $500 FSA Rollover
Announcing www.hsa223.com
DataPath Offers Global Claims Processing
DataPath COBRA: DataPath's Exciting New Program
Justice Department Sues "Double Dippers"
New Document Set for myResourceCard®
Join us at DataPath's 2004 Annual Seminar
First Person in U.S. to Enroll in HSA

©2004, DataPath, Inc.
DataPath, Inc. • 1601 Westpark Dr., Ste. 9 • Little Rock, AR 72204
Toll-Free 1.800.633.3841 • Marketing 1.501.296.9990 • Support 1.501.296.9993
May, 2004
Vol. III, Issue 2