DataPath 105-HRA
Minimum System Requirements
System Features
Checklist for Evaluating HRA
Administration Systems
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An HRA provides the employer with unlimited flexibility, creating cost-savings opportunities for the employer while giving employees choices and control.
DataPath 105-HRA allows you to take full advantage of this flexibility by letting
you set up an employer-funded Health Reimbursement Arrangement with one or more
underlying Health Reimbursement Accounts (HRAs) to cover employee medical expenses.
The HRAs can be linked to a Health Coverage policy/plan (usually high deductible)
where the employee must participate in the policy/plan to be eligible for the
HRA. The HRAs can also be non-linked, that is designed to stand alone to reimburse
employees for such expenses as dental, vision, or wellness.
A major consideration when administering an HRA is to have an administration
system and plan documents that work together. DataPath's plan
documents are fully integrated with DataPath 105-HRA.
After much study, we believe certain features are essential in an HRA administration
system. Consequently, we included these features in the DataPath 105-HRA system.
For instance, our system . . .
We also believe flexibility is crucial when marketing HRAs. Employers are often
adamant about how they want their employee benefits to be administered. For instance, with this system, not only can you choose whether or not you want to carry-over unused funds, but you can set the amount or percentage to be carried forward. This is only indicative of the flexibility that DataPath 105-HRA system offers. You will find it in all areas of administration.
The 105-HRA Model, simple in concept and application, is appropriate for employers
of any size. It allows for simple or sophisticated plan designs and efficient
administrative performance independent of the employer's health insurance.
The DataPath 105-HRA system can be used as a stand-alone administration system or as a part of the DataPath Software Suite. It offers seamless Database Level Integration with DataPath 125 (Section 125 Cafeteria Plans), DataPath 132 (Section 132(f) Tax-Free Transportation Plan), and DataPath COBRA.
Interested? Learn more: 800-633-3841
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