DataPath, Inc. newest products, the Operation Management System (OMS) and the Claims Fax Service have been in the pipeline for some time now. Both currently being utilized and tested by DataPath Administrative Services.
Click here to read more about OMS and Fax Services Alpha review.
DataPath has created a blog to keep you informed on all information pertaining to regulatory updates and industry changes and trends. The blog will have articles posted more often than the newsletter in order to help keep our clients informed sooner.
Click here to read more about SoundBytes.
In April 1992, the American Institute of CPAs created Statement for Auditing Standard (SAS 70), which was designed to establish professional standards for auditing service providers, such as third party administrators (TPAs). SAS 70 engagements were performed primarily on large service providers. Then in mid-2004, when the Public Company Accounting Oversight Board (PCAOB) released Auditing Standard #2 as part of the Sarbanes Oxley (SOX legislation), the use of SAS 70 reports grew in importance.
Click Here to read more about the SAS70.
Employers are always looking for new ways to motivate their employees. Many employers are looking at gift cards as an additional option for employee incentives. This trend is growing rapidly.
Click Here to read more card trends.
Are you doing COBRA administration? Why not? Does COBRA seem like a scary and risky venture to get involved in? Do the legal ramifications and fines for improper administration of COBRA benefits give you cold feet? Fear of being unable to properly administer COBRA and meeting all of the legal requirements, such as making sure that all of the proper notifications are sent to plan participants, causes many TPAs to be hesitant to enter into the world of COBRA administration.
Click Here to read more COBRA.
DataPath had several representatives at this years ECFC annual conference. Speakers from within the industry and government met to discuss the new regulations pertaining to the flexible benefits and healthcare market. The healthcare marketplace is moving forward like a bullet train, and the Council has been more than on top of things.
Click Here to read more ECFC.
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