Client Spotlight: ProBenefits

ProBenefits

Success is No Accident for ProBenefits Some people know from an early age that they will one day run their own business. Others fall into it by chance. Gary Knight, president of ProBenefits, counts himself among those who “accidentally” came to own a business. History of ProBenefits In 1994, fresh out of college and looking … More >>

DataPath Announces the Release of COBRA in Cloud-Based Summit Platform

Summit COBRA Press Release

DataPath Summit Marks Industry First with New Billing Functionality DataPath’s expanded Summit platform becomes the industry’s only cloud-based solution for seamless CDH account and COBRA administration. LITTLE ROCK (November 7, 2017) ‒ DataPath, Inc., a leading innovator in the consumer-directed healthcare industry, announced today new COBRA billing functionality in Summit, the company’s cloud-based benefits administration … More >>

IRS Releases Qualified Small Employer HRA (QSEHRA) Guidance

FSA, HRA, HSA, COBRA, Insurance Payments, QSEHRA guidance

On Tuesday, October 31, 2017, the Internal Revenue Service (IRS) released official guidance on the usage of Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) in Notice 2017-67, The guidance comes nearly a year after the passage of the 21st Century Cures Act, which was signed into law by President Obama in December 2016, and contains … More >>

IRS Publishes 2018 FSA Contribution Limits and Other Benefit Increases

2018 FSA contribution limits

On Friday, October 20, the Internal Revenue Service (IRS) released updated rules for 2018 contribution limits for health Flexible Spending Accounts (FSAs), Transportation benefits, and Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs). These amounts go into effect on January 1, 2018. The 2018 FSA contribution limits, and other benefit account increases are as follows: 2018 … More >>

Enrollment Season Tips for Benefits Administrators

Enrollment season tips

Here are some enrollment season tips for TPAs during the hectic open enrollment season.  It’s open enrollment time. That means third party administrators are making their rounds, visiting their clients and setting up their plans before the start of the 2018 plan year. We’ve put together some enrollment season tips for benefits administrators in order … More >>

DataPath Inc. Expands Approved Transit Options with uberPOOL Partnership Announcement

DataPath Transit now accepting uberPOOL

Little Rock, Arkansas, October 16, 2017 – DataPath Inc., a leading platform provider for tax-advantaged benefit administration, has announced a partnership with Uber’s rideshare service uberPOOL. Beginning on Monday, October 16, DataPath’s clients can offer transit account holders the ability to use their benefits debit cards to pay for an uberPOOL. “Ridesharing has emerged as … More >>

Executive Order May Lead to HRA Regulatory Expansion

The White House; President Trump signs Executive Order

Through an executive order signed Thursday, October 12, President Donald Trump lifted some insurance rules that were put in place by the Affordable Care Act (ACA). The President’s executive order, “Promoting Healthcare Choice and Competition Across the United States,” prioritizes three areas for his Administration: association health plans, short-term limited-duration insurance, and Health Reimbursement Arrangements … More >>

DataPath Expands Comic-Themed Employee Benefit Engagement Program for Clients

Captain Contributor Employee Engagement Program

LITTLE ROCK, Ark., Oct. 10, 2017 /PRNewswire/ — DataPath, Inc., a leading provider of financial and administrative technology solutions for the healthcare industry, is expanding its innovative employee education and engagement program, The Adventures of Captain Contributor (https://captaincontributor.com), which was launched by the company in June to help its clients educate employees on benefits and boost enrollment rates. The Adventures … More >>

6 Ideas for End-of-Year FSA Spending

End-of-year FSA spending

The clock is ticking on 2017! Have you spent all of your pre-tax FSA dollars? If you still have a balance, here are six suggestions for end-of-year FSA spending. If you participate in a Flexible Spending Account (FSA), you might be wondering how you’re going to spend those pre-tax dollars. With three months remaining in … More >>

Client Spotlight: Sound Benefit Administration

Sound Benefit Administration

Third-party administrators (TPAs) play an important role in the employer-sponsored benefits industry, helping businesses manage their plans more effectively. As a leader in healthcare benefits administration solutions, DataPath is shining the spotlight on TPA clients who go above and beyond in serving their clients and growing their business. This month we interviewed Gina Marken, founder … More >>

What is Healthcare Consumerism and How Does it Affect Healthcare?

Healthcare consumerism

Imagine a healthcare system where everyone in the U.S. is a knowledgeable, savvy consumer of medical services and plays an active role in purchasing and consuming the services they receive. With the advent of healthcare consumerism – a movement to make the delivery of healthcare services more efficient and cost-effective – it may be here … More >>

Guide to Investing Your HSA Account for Growth

The following infographic, “A Guide to Investing Your HSA Account for Growth”, provides an overview on Health Savings Account (HSA) basics, why you should use your HSA for retirement, investment strategies, and more:   Guide To Investing Your HSA Account for Growth Health Savings Accounts (HSAs) are more than just a tax-advantaged tool for paying … More >>

DataPath IT Security Bulletin: Dept. of Homeland Security Issues Warning about Hurricane Harvey Scams

DHS: Hurricane Harvey

On August 28, 2017, the Department of Homeland Security (DHS) issued a statement on email, scams, and other malicious cyber activities surrounding Hurricane Harvey.  DHS Statement on Hurricane Harvey US-CERT warns users to remain vigilant for malicious cyber activity seeking to capitalize on interest in Hurricane Harvey. Users are advised to exercise caution in handling … More >>

3 Key Indemnity Payment Issues for Payment Administrators

Indemnity Payment

In a recent poll of C-level executives conducted by DataPath, payment administrators answered a range of questions regarding indemnity payment processing. The inquiries sought to better understand the challenges and industry trends that payers experience. Among the questions posed, the main focus centered on payment types, frequency, cost, and other related issues. 3 Major Indemnity … More >>

Health Reimbursement Arrangement (HRA) FAQs

HRA FAQs

This guide provides answers to frequently asked questions about Health Reimbursement Arrangements (HRA FAQs). For questions and answers regarding Qualified Small Employer HRAs (QSEHRAs), go here. A Health Reimbursement Arrangement (HRA) is part of consumer driven healthcare, allowing participants to use set aside money to pay for out-of-pocket medical expenses for themselves and their families. … More >>

Can You Have an HRA and HSA at the Same Time?

Can you have an HRA and HSA at the same time?

Healthcare spending accounts, such as Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs), help individuals and families pay for medical expenses. They also provide more control over how and where to pay for those expenses. One frequently asked question is “can a person have both an HRA and HSA at the same time?”. The … More >>

Why Health Savings Accounts are Booming in 2017

Health Savings Accounts are Booming

Data from recent years shows that Health Savings Accounts are booming and factors indicate continued growth in years to come. Since 2013, employee participation in Health Savings Accounts (HSAs), which enable individuals and families to use tax-free money to pay for eligible health care expenses, has increased by nearly 54%. In 2015, estimated HSA enrollment … More >>

How Workers’ Comp Payment Administrators Can Stay Relevant in the 21st Century

Payment Administrators

For any business or industry, the ability to stay relevant is key to success. Staying with the old ‘tried-and-true’ ways, without the capacity, willingness, or foresight to adapt to technological advances, can be a company’s death knell. As Bill Donnell, President and CEO of National Council on Compensation Insurance (NCCI), points out, Blockbuster lost its … More >>

Kickstart the 2017 School Year with Your Employer-Sponsored Benefits

Back to school

The 2017 school year is almost upon us! That means parents (and children) are starting their preparation rituals by shopping for clothes, school supplies, and back packs, and taking care of other assorted essentials. Of course, school-aged children have a lot of needs, one of them being healthcare. With the dawn of a new school … More >>

Why Small Businesses Should Consider QSEHRAs

In today’s cost-conscious healthcare environment, small businesses have several tools they can use to manage the cost of providing employees with a healthcare plan. One of the most effective is a Health Reimbursement Arrangement, or HRA. Not only do HRAs enable employers to use tax-deductible funding to help employees pay for healthcare expenses, they also … More >>

How a Mid-Year Change of Status Affects HSA Contributions

Change of Status

When a person has a change of status during the plan year, it affects his or her annual Health Savings Account (HSA) contribution limit. The following provides a regulatory overview (with some examples) of how a mid-year change of status affects HSA contribution limits. Most HSA owners are aware that they can change their planned … More >>

FSAs, HSAs and BCRA – The New Senate Healthcare Bill

FSAs, HSAs and BCRA

On Thursday, June 22, 2017, Senate Republicans released the draft of their new healthcare proposal, known as the Better Care Reconciliation Act (BCRA). Similar to the previously proposed American Healthcare Act (ACHA), Americans will see big changes to both FSAs and HSAs should the BCRA pass in its current form. The following provides an overview … More >>

The Value of a Consumer Directed Healthcare Account

View the infographic below to discover the value of consumer directed healthcare accounts. The graphic features an overview of HSAs, HRAs, and FSAs, along with other helpful information. What is a Consumer Directed Healthcare Account? A consumer directed healthcare account is a type of medical savings account that: Helps pay for eligible medical expenses Can … More >>

DataPath Announces the Release of the Captain Contributor Program

Captain Contributor Employee Engagement Program

The healthcare administrative solutions company recently rolled out an interactive employee engagement tool.  Little Rock AR, June 15, 2017 — DataPath, a leader in the healthcare and billing solutions industry, debuted a new employee engagement program, Captain Contributor, during the Connections & Best Practices Conference held in Las Vegas, Nevada. “We’ve worked diligently to create … More >>

Captain Contributor – The Fun (and Informative) Employee Engagement Program

Captain Contributor Employee Engagement Program

Up in the sky! It’s a bird, it’s a plane…no, it’s Captain Contributor, the new superhero on a mission to help workers and employers save on their taxes. Captain Contributor increases employee engagement with and understanding of their employer-sponsored benefit plans. Industry professionals know that consumer-directed health (CDH) plans offer a lot of advantages, including … More >>