Recently, the U.S. House of Representatives passed two new bills that could have a significant impact on who qualifies for HSAs and how they are used. Both bills – H.R. 6199 and H.R. 6311 – were backed by the Republican Party, and both received crossover support from Democrats, allowing them to pass by significant majorities. … More >>
DataPath Wins Second NHIA Award for Captain Contributor Employee Education, Engagement Program Little Rock, Ark. (September 11, 2018) – DataPath, Inc., a leading national provider of technology solutions for benefits administration, is the recipient of the 2018 National Health Information Awards’ (NHIA) Bronze Award for its employee education and engagement program, The Adventures of Captain … More >>
A Section 125 Cafeteria Plan is an employer-sponsored benefits plan that lets employees pay for certain qualified medical expenses – such as health insurance premiums – on a pre-tax basis. It’s called a “cafeteria plan” because, like walking through a cafeteria and selecting various dishes to eat, employees can choose the types of healthcare options … More >>
DataPath White Paper Analyzes Effects of Outdated Technology on TPA Revenue Generation, Compliance and Client Relationships Little Rock, Arkansas (August 28, 2018) – For decades, third party administrators (TPAs) who offer consumer directed healthcare (CDH) account and COBRA billing services have had to rely on separate technology solutions to perform their day-to-day tasks. A recent … More >>
Mental health currently represents one of the biggest healthcare challenges in the United States. It is estimated that: One out of every five adults in the U.S. experiences a mental illness at some point in their lives Nearly 10 million adults live with a serious mental illness One-half of all chronic mental illnesses begin by … More >>
American businesses lose billions of dollars every year due to employees missing work due to physical sickness and mental health issues. Many businesses also deal with the practice of absenteeism – employees missing work on a regular basis without good reason. But increasingly, research is showing that presenteeism can cost businesses far more if they … More >>
Are you an employer or HR? Chances are you have Millennial employees on your staff. The following infographic provides you with valuable information about this demographic, and how you can engage your Millennial employees in health benefits. (Click to enlarge) 8 Ways to Engage Your Millennial Employees in Health Benefits Millennials in the Workplace: 52 … More >>
Health Savings Accounts are increasing in popularity due to participants’ ability to reduce healthcare expenses, save on taxes, and put additional money aside for retirement. HSAs have been available since 2005, and people have many questions about how to qualify for an account, what expenses are eligible, how to open an account, and other Health … More >>
DataPath, Inc. Honored with Gold Award for The Adventures of Captain Contributor Little Rock, AR, June 21, 2018 – DataPath, Inc., a leading national provider of healthcare benefits administration solutions, has been chosen for the 2018 Digital Health Gold Award by the Health Information Resource Center (HIRC). DataPath was honored in the Web-Based Digital Health … More >>
For people enrolled in an HDHP and have (or are considering) an HSA, some commonly asked questions include “Does Medicare Enrollment Impact My HSA Eligibility?” For answers to this question and others, see below. Health Savings Accounts, or HSAs, offer today’s healthcare consumers who are enrolled in a high-deductible health plan (HDHP) a tax-advantaged tool … More >>
Personalized Service, Client Education Stand Out for Eagle Ridge Services Located in Sioux City, Iowa, Eagle Ridge Services provides employer benefit plan administration services to brokers, agents and employers. Their services range from Section 125 Cafeteria Plans and Flexible Spending Accounts (FSAs) to self-funded plans, Health Reimbursement Arrangements (HRAs), COBRA administration and more. With over … More >>
The IRS has announced the 2019 HSA contribution limits, out-of-pocket expense limits, and HDHP minimum deductibles in Revenue Procedure 2018-30. Health Savings Account owners will see an increase in contribution limits and out-of-pocket expense limits. The new amounts go into effect January 1, 2019. 2019 HSA Contribution Limits HSA owners will see an increase in … More >>
For companies that are looking to reduce their healthcare costs and help deliver a better quality of life to their employees, a workplace wellness program coupled with an HSA-eligible HDHP could be the solution. Employers offer workplace wellness programs to help employees make better lifestyle choices and improve their health. Part of a broader movement … More >>
Little Rock, Arkansas (May 2, 2018) – As the HSA market steadily continues to grow, more third-party administrators (TPAs) are looking to add HSA management services to their portfolio. A new white paper published by DataPath, Inc. addresses common TPA concerns about entering the HSA market: revenue opportunity, workload, and the need to juggle multiple … More >>
In addition to making tax-free payday contributions, your HSA comes with other funding options. Learn more about ways to build up your tax-advantaged account, including funding your HSA from other accounts. Owning a Health Savings Account (HSA) comes with many perks. HSA owners make tax-free contributions, earn tax-free interest and investment income, and use the … More >>