Blog Archives - Page 12 of 12 - DataPath, Inc.

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: Three Types of CDH Accounts 1. Health Savings Account (HSA) An HSA is owned by the participant and acts like a regular bank account. Money deposited into the

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Summit

DataPath Summit: The Nation’s Best Benefits Administration Platform

DataPath has listened to the needs of TPAs everywhere to design an employee benefits administration platform that is everything they could ever need. From one simple, cloud-based platform, TPAs can now manage FSAs, HRAs, HSAs, Transit Accounts and Benefits Debit Cards from one simple centralized location.

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IRS Guidance Provides Limited Transition Relief

As part of Notice 2015-7, the IRS issued guidance on Feb. 18 providing limited transition relief for certain premium reimbursement plans, including: Individual market premium reimbursement arrangements (PRAs), also known as employer payment plans as defined in Notice 2013-54; Medicare premium reimbursement arrangements; and, Reimbursement arrangements supplementing Tricare. The relief does not extend to stand-alone HRAs or other arrangements to reimburse employees for medical expenses other than insurance premiums, which remain prohibited as outlined in IRS Notice 2013-54.

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<img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' alt='DataPath, Inc.' />

New business applications surged during the pandemic, partly because many laid-off workers went into business for themselves. QSEHRAs let smaller companies help with employee healthcare needs without having to sponsor a group plan. bit.ly/3IDBcYd pic.twitter.com/DvIK…

3:14 pm · March 23, 2023

<img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' alt='DataPath, Inc.' />

Employers have increasingly turned to High Deductible Health Plans (HDHPs) in response to increasing premium rates. The higher employee financial responsibility associated with HDHPs may help increase employee utilization of wellness programs. bit.ly/2ZGgnHx pic.twitter.com/NKlh…

7:18 pm · March 22, 2023

<img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' alt='DataPath, Inc.' />

Morgan Stanley’s State of the Workplace Financial Benefits study found that 71% of employees are negatively affected by financial stress and 84% believe employers should provide more tools to help them navigate economic challenges. bit.ly/3UhYKrv pic.twitter.com/4XZy…

6:12 pm · March 21, 2023

<img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img alt='DataPath, Inc.' data-src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src='https://pbs.twimg.com/profile_images/621797557807640577/yQxteFWG_normal.jpg' alt='DataPath, Inc.' />

Did your FSA enrollment rates for 2023 meet expectations? Here are some tips to help increase FSA adoption and usage. bit.ly/3ojTwxs pic.twitter.com/ENQR…

12:52 pm · March 21, 2023

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🎉 CONGRATULATIONS TO @rebeccagupta10 for having the most likes across all appearances of this post on Twitter - you win the $50 Amazon gift card! Thanks for participating, and best of luck in reaching your life and career goals! 👏 pic.twitter.com/UeQe…

4:14 pm · March 17, 2023

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