Section 125 Cafeteria Plan

What is a Section 125 Cafeteria Plan?

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 >>

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DataPath White Paper Analyzes Technology Solutions and the Impact on TPAs

DataPath keeps the needs of third party administrators (TPAs) top of mind when developing and updating employee benefits administration platforms like Summit. In this whitepaper, DataPath examines how communication breakdowns and unsynchronized data can degrade the TPA-client relationship; cost TPAs, employers, and employees time and money; and cause administrative headaches through redundant fees and duplicate workflows. The white paper also discusses technological solutions that allow TPAs greater flexibility, reduced costs, streamlined processes and confident compliance.

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Presenteeism in the workplace

Presenteeism in the Workplace – What is it and How to Address it

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 >>

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8 Ways to Engage Your Millennial Employees in Health Benefits

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 >>

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Health Savings Account FAQs

Health Savings Account FAQs

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 >>

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DataPath Wins 2018 Digital Health Gold Award

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 >>

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Does Medicare Enrollment Impact My HSA Eligibility?

Does Medicare Enrollment Impact My HSA Eligibility? and Other HSA Questions

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 >>

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Eagle Ridge Services

Client Spotlight: Eagle Ridge Services

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 >>

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2019 HSA Contribution Limits

2019 HSA Contribution Limits, HDHP Deductibles, and More Announced by the IRS

2019 HSA contribution limits, out-of-pocket expense limits, and HDHP minimum deductibles were announced by the IRS 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 >>

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HSAs and Workplace Wellness

HSAs and Workplace Wellness

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 >>

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DataPath White Paper Analyzes HSA Profitability and Potential Administration Solutions for TPAs

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 >>

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Ideas for funding your HSA

Ideas for Funding Your HSA – Transfers, Rollovers, and 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 >>

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