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| June 2005 Volume IV, Issue 6 | Editor: Melissa Vinson, CFCI |
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Email us today Come Join Us!Make plans to join us for DataPath's 2005 Annual Conference in Tunica, Mississippi (just 20 miles south of Memphis) September 21-23, 2005. Found on the Web. . .Insurance premium increases are likely to continue descent Below 10% in 2006. Click here to read article. Upcoming SeminarsDPI 125 Basic Software Training:: DPI 125 Advanced / CMS Software: Global Claims Processing / CMS: DPI-105 HRA Software DPI COBRA Education/Training: HSAToday(tm) Training: Click here to view Event Calendar. All seminars will be in Little Rock, AR. DataPath Websitesdpath.com DataPath Web
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myHSAToday(tm) Releases Revolutionary Claims VaultSM TechnologyHeath Savings Account (HSA) Administration has entered a new era today with the release of the patent-pending Claims VaultSM feature of myHSAToday(tm). Instead of people keeping their receipts haphazardly in shoeboxes stuck in the back of their closets, they can store and organize them in the Claims VaultSM provided by the patent-pending platform of myHSAToday(tm). With the Claims VaultSM technology, document files containing the receipts can be attached to the claim records presented on the web platform. Expenses incurred today can safely be reimbursed months or even years later with a few clicks of the mouse. If elected to do so, the PSP can certify the receipts as qualified for reimbursement. myHSAToday(tm) is the only solution in the marketplace that offers this unique service, thus giving the account holder an incentive to retain their PSP's services if the account holder changes employers or HDHP carriers. This powerful tool positions the PSP the center of the HSA program by allowing the PSP to serve in dual rolls: serving (1) as the Plan Service Provider to the Employer and (2) as the Personal HSA Assistant to the Account Holder. Click here to read the entire article. Administrative Challenges in Implementing § 125 FSA Grace PeriodDataPath has been receiving many inquiries about the recent legislation providing an additional two months to incur and receive payments for expenses under a Flexible Spending Account. (Click here to read the article in last month's newsletter giving the details of this legislation.) Even small changes create ripples, and this change certainly does. Here are some of the administrative challenges that we expect to meet: Click here to read the entire article. DataPath Staff Busy Updating DPI-125 to Include § 125 FSA Grace PeriodDataPath's programming staff is hard at work on an update to DPI-125 to accommodate the new § 125 Grace Period for FSAs. We plan to have a comprehensive solution to you on or before October 1. Users will be notified as soon as the update is available. We caution you not to try to administer a Grace Period before that time. Support for difficulties arising from such administration is not covered under your Support Agreement. Click here to read the entire article. Have Fun at DataPath's
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Check out our Products!myHSAToday
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105-HRA
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LEGAL DISCLAIMER:
Material contained in this newsletter is not legal advice, and should not
be construed as legal advice. If you need legal advice upon which you can
rely, you must seek a legal opinion from your attorney. |