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 >>

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

Captain Contributor

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 >>

The Advantages of Employer-Sponsored Debit Cards

Employer-sponsored debit cards

Employees, employers and TPAs all find value from a strong employer benefits package. Employer-sponsored debit cards can further bolster benefits offerings. In today’s fast-paced world, where time is of the essence, debit cards provide an efficient payment method for consumers everywhere. They eliminate the time and hassle involved in writing checks or stopping at the … More >>

Payment Administrators: Do You Know About These Virtual Payment Benefits?

Virtual Payment Benefits

When it comes to claims remittance and other B2B transactions, virtual payment benefits surpass the benefits of traditional methods such as checks, ACH, and wire transfers.  Using cards as a form of payment is a part of everyday life. Look around: credit cards, account-linked debit cards, reloadable debit cards, gift cards, and more – cards … More >>

Medicare Set-Aside 101: Facts TPAs Need To Know 

MSA Administration

For TPAs who offer or are considering MSA administration, here is an overview of Medicare Set Aside accounts. Navigating the ins-and-outs of Medicare billing can present real challenges for healthcare TPAs – especially when it comes to Medicare Set Aside (MSA) regulations. When a person eligible for Medicare receives a personal injury settlement, the Centers … More >>

House of Representatives Passes American Health Care Act

Capitol Hill; AHCA

Yesterday, the House of Representatives passed the American Health Care Act (AHCA) with a vote of 217-213. The bill now goes to the Senate for approval. In its current form, AHCA affects tax-advantaged health care accounts: Health Savings Accounts, Flexible Spending Accounts, and Health Reimbursement Arrangements. It also has tax implications for employers and people … More >>

The Benefits of End-to-End Payment Processing

End-to-End Payment Processing

Single-source, end-to-end payment processing can result in stronger client relationships, increased accountability, and decreased fraud. For payment administrators, partnering with a payment processing company that handles the entire payment chain can pay numerous dividends. More and more people rely on debit or credit cards to pay for goods and services. Consumers are primarily concerned about … More >>

HRA Plans: What You Need to Know About Qualified Expenses, Taxes, and More

HRA Eligible Expenses

Health Reimbursement Arrangements (HRAs) are employer-sponsored benefit plans that allow employees to withdraw tax-free money to pay for qualified medical expenses. Unlike other types of employer-sponsored healthcare benefits, the employer owns the HRA and completely funds it; employees do not make contributions. If your employer offers an HRA, here are some important things to know … More >>

Virtual Payment Frequently Asked Questions (FAQs)

Virtual Payment FAQs

Want to learn more about virtual payments? See below for a list of virtual payment FAQS. Virtual payments are becoming a popular payment method in business-to-business (B2B) transactions. As an alternative to cash, checks, and EFT, virtual payments are quick, secure, and can greatly reduce costs for all parties involved. See below for answers to … More >>

DataPath Attends 36th Annual ECFC; Visits Congressional Leaders

ECFC

DataPath, Inc. company representatives were in Washington, D.C. March 8-10 to attend the 36th ECFC Annual Meeting. As an active member in the Employers Council on Flexible Compensation (ECFC), and with DataPath President and CEO John Robbins, Jr. serving on the ECFC Board of Directors, DataPath is very interested in how recent legislative and regulatory … More >>

AHCA: HSAs, FSAs, Cadillac Tax and More

AHCA Overview

On Monday, March 6, House Republicans published the American Health Care Act (AHCA), a proposal to repeal and replace multiple provisions in the Affordable Care Act (ACA). Among the parts that remain the same are that people with pre-existing conditions cannot be denied coverage and dependents under age 26 can stay on their parents’ healthcare … More >>

Getting Workers’ Comp Payments? Here are 6 Reasons Why Claimants Should Use a Reloadable Debit Card

Reloadable Debit Card

When it comes to workers’ comp payments, injured workers can face a slew of challenges. Unbanked and underbanked workers encounter serious hurdles, especially if they’re working in a location far from home. If they don’t have access to their home bank (due to injury, distance, or otherwise), it becomes difficult to cash or deposit a … More >>

Investing HSA Funds – The Key to Substantial Growth

Investing HSA Funds

HSA owners benefit from tax-free growth on their account through interest earned and investment income. However, with interest rates at historic lows, account owners should consider investing HSA funds as a means for substantial growth. Health Savings Accounts (HSAs) are popular, tax-advantaged savings accounts designed to help people with high deductible health plans pay for out-of-pocket … More >>

Virtual Payments: A New Wave of Payment Solutions

Virtual Payments

eChecks, electronic checks, ePayables, virtual payments … all are similar and nearly synonymous with one another. Nevertheless, they represent the new wave of payment solutions for 21st century commerce. For centuries, paper checks and money have been the norm for transactions of goods and services. Cash is an affordable option, but it’s vulnerable to theft … More >>

Eye Care and Your Employer-Sponsored Benefit Account

Eye Care

Eye care is an important part of your overall wellness. Comprehensive eye care includes exams, vision correction procedures, corrective eye wear and more. Thanks to vision insurance and employer-sponsored benefit accounts, receiving eye care has become more affordable and accessible for many people. According to the Centers for Disease Control (CDC), 67 percent of Americans with private … More >>

What is RenewCard™ and Why Do You Need One for Your Indemnity Payments?

RenewCard

Making workers’ compensation indemnity payments to employees who get injured on the job can be a frustrating and time-consuming process. Managing workers’ compensation indemnity payments often requires employers to navigate a complex and confusing maze of government regulations and payment providers. Additional issues such as check fraud, late or missing payments, and the cost of … More >>