To
all of you from all of us at DataPath . . .
Merry
Christmas!
Happy
Hanukkah!
Happy and Prosperous New Year!
We wish you the best always!
DataPath Holiday Schedule
DataPath will be closed the following days for the holiday season:
Christmas: Dec. 26
New Years: Jan. 2
Upcoming Seminars
DPI 125 Basic Software Training:
February 22-23
March 29-30
May 10-11
DPI 125 Advanced / CMS Software:
February 1-2
March 8-9
DPI 132 Software Training:
January 30
March 6
DPI-105 HRA Software
January 31
March 7
DPI COBRA Software Training:
February 3
March 10
myHSAToday™ Training:
To be announced.
Click
here to view Event Calendar for later dates.
All seminars will be in Little Rock, AR.
DataPath
Websites
dpath.com
myHSAtoday.com
hsa223.com
hra105.com
myResourceCard.com
mySourceCard.com
idpas.com
Change0fStatus.com
DataPath Web
Services
my RSC.com
DNS:
DataPath Web Services
EFTS:
Electronic Funds Transfer Service
Check us out!
Who
We Are
Our
Mission
Our
Vision for Tomorrow
Let's Build a Relationship!
Our Strengths!
What People are Saying about DataPath
Contact Us
Email Sales or call
1-800-633-3841
Email
Technical Support
or call 1-501-296-9993
Comments?
Suggestions?
If you have any comments on the articles in this newsletter or suggestions
for future newsletters, please email mvinson@dpath.com. We
welcome your input.
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Benefit News:
Haven't You Heard About myHSAToday™?
A recent article in the Connect newsletter (published by BenefitNews.com)
discussed what was called a "modest" year for Health Savings
Account (HSA) enrollment. Colonial Pipe Company (Alpharetta, GA) was
given as an example. They had only 9% of their employees enroll in the
HSA in 2005 and 12% in 2006. They were depending on word-of-mouth to
increase enrollment in the future.
Jeff Munn, a legal consultant for Hewitt Associates, credited the "humble" enrollment
numbers to lack of understanding on the part of the employees. "I
think we need to make HSAs easier to understand."
From the start, DataPath has recognized the need for educating both
the employees and the employers. As part of their response to this need,
they developed myHSAToday™.
While part of the function of
myHSAToday™ is to provide the tools to educate the employee,
myHSAToday™ is more than an education tool. myHSAToday™ allows
the PSP to administer and profit from HSAs in both the group 125 and
individual markets.
Click
here for more information on employee education and how
myHSAToday™ enables
the PSP to profit in the HSA market.
Announcing:
DPI-COBRA Online Services
DataPath, Inc. released its new COBRA Online Services through
the myRSC web portal on December 15, 2005. This enhancement
will significantly reduce the manual workload for COBRA administrators
and increase the efficiency of communication to COBRA participants.
When you log in to myRSC.com now, you will see a COBRA tab
at the top of the page. Once you select the COBRA tab, you will have
access to various functions depending on whether you are a TPA, Employee,
or HR Administrator.
A checklist is available for current DPI-COBRA licensees
on the download page of http://www.dpath.com. Please review this checklist before taking
any actions.
Also posted for download are manuals for the TPA, Employee, and HR Administrator
and an online tutorial.
Click
here for further details including the specific abilities
now afforded to the TPA, Employees, and HR Administrator.
ECFC Comments on
HSA Comparability Rules
In response to IRS's request for comments, the Employers Council on Flexible
Compensation (ECFC) recently submitted comments on the IRS proposed regulations
for Health Savings Account Comparability rules. The treatment of the
cafeteria plan exception in the proposed regulations was a prominent topic
in their
comments.
Click
here to
see a summary of their comments.
DataPath's
New
and Improved!
GCP Update Ready!
On December 19, you can download the update to Global Claims Processing
that provides the functionality for the 2-1/2 month grace period.
Download the What's New document for details.
Debit Card Enhancements
We hope our Debit Card clients will be pleased with the two new
features being added to the Status emails. These features are:
New Email Type: A new email type is being introduced:
Reminder to Submit Necessary Documents. For this email type, we have
developed a new process to evaluate all "yellow" status transactions
to determine if a reminder email needs to be sent.
New Merge Fields: You now can use the Mailing Address
fields in the Status emails. As a result, you can essentially create a
ready-to-mail letter
to send to employees without email addresses.
Click
here for more details.
To answer
your questions . . .
This section will address questions that our Support Department has received.
Several callers have questioned whether there is a Form 1099-MISC
requirement for Health FSAs and HRAs to report any payments
made
directly
to health
care providers. The answer is no.
In 2003, Congress amended Code 6041 to provide that Form 1099-MISC
reporting requirements do not apply to payments made from health
FSAs and HRAs to medical service providers after December 31,
2002.
A Little of This,
A Little of That
This section holds items that may be of interest to you. Featured
this time are:
- Announcement of the 2006 standard mileage rate for use of an
automobile to obtain medical care.
- Release of IRS Publication 969 (Health Savings Accounts and Other
Tax-Favored Health Plans) for use in preparing 2005 tax returns.
- Release of IRS Notice 2005-86 (Nov. 22, 2005) to clarify issues
arising when a grace period of 2-1/2 months is established for a FSA.
- Release of IRS Notice 2005-83 (Nov. 18, 2005) to extend the existing
state-mandated transition relief for non-calendar year HDHPs.
- Release of Form 2441 ("Child and Dependent Care Expenses")
and its Instructions for the 2005 tax year.
Click
here for
details of these items.
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