Come
Join Us!
Register today for DataPath's 2004 Annual
Conference in
New Orleans, August 30 - September 1, 2004.
DataPath in the News
DataPath,
Inc. To Serve As Health Savings Account Administrator for the
State Of Arkansas
Press
Release Announcing Implementation of myResourceCard® by
Minnetonka Insurance Agency
Video
of John Robbins, Sr. appearance on CNBC's Power Lunch (February 17,
2004)
to discuss the benefits of myResourceCard®
Events
DPI-125 Basic
Software Training
DataPath
105-HRA / Defined Contribution Concept Seminars
DataPath-COBRA
Education / Training Seminars
General
Information about DataPath Seminars
Industry
Seminars where DataPath will participate
Trade
Shows where DataPath will participate.
Event
Calendar
Informational
DataPath Websites
dpath.com
hsa223.com
hra105.com
myResourceCard.com
idpas.com
Change0fStatus.com
DataPath Products
DataPath
223-HSA
DataPath
105-HRA
DataPath
125
DataPath
132
DataPath
COBRA
MAX
105
myResourceCard®
DataPath Web Services
myRSC.com
DNS: DataPath
Web Services
E.F.T.S. Electronic
Funds Transfer Service
Contact Info
Email Sales or call
1-800-633-3841
Email
Technical Support
or call 1-501-296-9993
About DataPath
Who
We Are
Our
Mission
Our
Vision for Tomorrow
Let's Build a Relationship!
Our Strengths!
What People are Saying about DataPath
Now Available:
2003 Form 5500
The 2003 Form 5500
update and full install (version 2.0.011) and an updated PDF Manual
are now available for download. (The
2003 input screens are the same as the 2002 input screens.)
To
download: Go to www.dpath.com and
(1) select Support, (2) log in, and (3) select Downloads. Follow
the
instructions
for downloading the installation file.
|
Come Early to Our Annual Conference and
Enjoy Same Low Hotel Rates
The discounted hotel rates at the
Wyndham New
Orleans at Canal Place for our 2004
Annual Conference (August 30 - September 1) will be effective
beginning Saturday, August 28. This will give you time to enjoy New
Orleans
and all its attractions.
In addition to enjoying live jazz music or Cajun
and Creole cuisine, you can explore the sights and sounds
of the Big Easy. You can take a relaxing stroll or catch one of New
Orleans' wonderful streetcars.
Perhaps you would rather tour some of the city's historic mansions and
famous
cemeteries, or your tastes may prefer the slot machines and table games
at Harrah's
New Orleans Casino. Check out all the attractions at New
Orleans Online.
Attractions close to the hotel include the Aquarium,
D-Day
Museum, St. Louis Cathedral, Jackson Square, and Royal Street.
No trip to New
Orleans is complete without enjoying the wonderful coffee and beignets
available in Jackson Square.
If you feel like a sampling of local nightlife
or activities, just let the hotel know. They'll be happy to help with
tickets, tee times, tours,
or recommendations.
For More
Information . . .
DataPath COBRA:
The Complete COBRA System
After last
month's article on
DataPath COBRA, we received inquiries asking for more information on
this exciting new system. According to our users, the features listed below
help to set our system apart from other COBRA systems.
Document Warehouse. When notices and letters
are sent out, an exact copy of the document is saved—including
any changes incorporated in the document. If you need a copy later, all
you do is retrieve it from the Data Warehouse and print it. In Version
3, we have added the ability to access these documents from the employee
data screen with a single click. The combination of the Warehouse and our
Post Office Verification Report provides a near paperless system.
Letters and Reports. Our system gives you the ability
to modify letter templates at the administrator level, group level,
or on an individual basis.
You also have the ability to modify reports to your specifications—you
can even have modified reports for each employer.
The Things To Do feature provides a checklist of the documents scheduled
to be printed each day. You can choose to print all or just some of the
documents. If you print a document and then decide it is not what you
wanted to do, you can easily go back and "unprint" that document.
Tracking. DataPath COBRA's tracking system is designed
to allow you to track events to fit the employer's situation. For instance,
you can track any date of coverage termination, basing it on such dates
as date of termination, end of month, 14th day of the month, or 30 days
from termination. You can vary the dates per employer, per employee,
or per benefit.
For
More Features
. . .
New COBRA Regulations
On May 25, 2004, the Labor Department announced the final rules implementing the COBRA notice requirements for employees, employers, and plan administrators.
The new rules will be effective the first plan year that begins six months after publication of the final regulations in the Federal Register (May 26, 2004). Until then, plans may rely on either the proposed rules and forms or the finalized rules and forms.
For
More Information
. . .
myResourceCard®:
New Enrollment Packets
New enrollment packets for myResourceCard® will
be shipped this month. The employer will now have three options:
Option 1. This Packet, available to formally
formed entities of any size, is based on a company credit line. Requires
company financial information for underwriting purposes.
For
More Options . . .
Tracking Health Care Costs:
Trends Turn Downward in 2003
The following article was found on the website for Health Affairs: The
Policy Journal of the Health Sphere.
ABSTRACT: Health care spending per privately
insured person increased 7.4 percent in 2003. While lower than the 2002
increase, it still outpaced growth in the overall economy by a margin
that exceeds the historical average. The trend for drug spending decelerated
the most. Meanwhile, hospital spending grew 9 percent in 2003--1.8 percentage
points less than the 2002 increase. This reflected a sharp deceleration
in growth of hospital use, while growth in hospital prices accelerated
for the sixth year in a row. The trend for health insurance premiums
fell in 2004. Employers raised patient cost sharing for the third year
in a row.
Clarification:
House Approval of $500 FSA Rollover
In the May 2004 newsletter, we reported the House approval of HR
4279 which included provision for a $500 FSA rollover. (See article.)
Since then, we have received calls asking if this bill is now law.
The answer, sadly, is no. The bill still has to pass the Senate, which
may be difficult.
However, you can help if you wish to see this bill passed. Call or
write your Senators and let them know what you want. You can find out
how to contact your Senator
at http://www.senate.gov/general/contact_information/senators_cfm.cfm.
|
