DataPath Whitepaper 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 whitepaper published by DataPath, Inc. addresses common TPA concerns about entering the HSA market: revenue opportunity, workload, and the need to juggle multiple business and banking relationships. The whitepaper, entitled “How TPAs Can Overcome Potential Pitfalls to Deliver a Unified HSA Experience and Maximize

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Infographic: What You Need to Know About COBRA Insurance

DataPath offers more than just COBRA software. For the more visually-minded, this vibrant and informative COBRA infographic answers many COBRA FAQs and is perfect to share with clients and fellow COBRA administrators. Your participants can learn all they need to know about COBRA insurance in this overview.

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Tax Cuts and Jobs Act Affects Commuter Benefits, More

In December 2017, the Tax Cuts and Jobs Act was signed into law, enacting tax reform provisions that will be in effect from 2018 through 2025 (and beyond). Among other areas, the legislation impacts employee benefits directly in two areas – transit/commuter benefits and the individual health insurance mandate required by the Affordable Care Act (ACA). Commuter Benefits Starting in 2018, employers may no longer claim the business deduction for qualified mass transit and parking

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DataPath Whitepaper Examines Benefits Administration Solutions for TPAs

A new white paper released today by DataPath evaluates the evolution of computer technology and examines how current software solutions impact the work of third party administrators (TPAs). DataPath, a platform provider for consumer directed healthcare accounts, COBRA and billing administration, also highlights the importance of an all-inclusive approach to solutions development.

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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

relief

As part of Notice 2015-7, the IRS issued guidance on Feb. 18 providing limited transition relief for certain premium reimbursement plans, including: 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. In summary, the guidance provides the following limited relief: 1. Employers who did not qualify as “applicable large employers” (ALE) for all of 2014, and

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