HSA and COBRA – Portability, Premiums, and Contributions

HSA and COBRA

If you own a Health Savings Account, you may have questions about your HSA and COBRA. This article answers questions surrounding HSA portability, HSA and COBRA premium payments, and HSA contributions and COBRA. Losing your job is a scary prospect. Not only is a source of income gone, but you also face the possibility of … More >>

Press Release: DataPath White Paper Examines Benefits Administration Solutions for TPAs

How to Revolutionize CDH Account and COBRA administration with New, Seamless Technology for TPAs

New white paper analyzes the current state of software technologies and the impact on CDH account and COBRA administration LITTLE ROCK, AR (December 6, 2017) – A new white paper released today by DataPath, entitled “How to Revolutionize CDH Account and COBRA Administration with New, Seamless Technology for TPAs,” evaluates the evolution of computer technology … More >>

High Deductible Health Plans Increase Wellness Program Participation

HDHP and Wellness Program Participation

For TPAs who offer HSA administration services, understanding HDHP enrollment and wellness program participation can be key when talking to clients and prospects. This article outlines the link between HDHPs and wellness programs.  How High Deductible Health Plans Increase Wellness Program Participation As the cost of healthcare premiums continues to rise, more employers are turning … More >>

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 >>

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 >>

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 >>

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 >>