Flu season is upon us, which means you have two good reasons to visit your doctor or other vaccination provider to get your annual flu shot. One, it just might protect you from a miserable and potentially fatal case of the flu. Two, if you have a Flexible Spending Account (FSA) or Health Savings Account … More >>
LITTLE ROCK, Ark., — DataPath, Inc. today announced the availability of two new value-added services, ZendyHealth and WiserHealth®, for its comprehensive HSAToday® solution to help healthcare savings account (HSA) owners make informed healthcare decisions. DataPath added these two popular consumer healthcare decision-making tools into HSAToday to give account holders a single, easy-to-use platform that allows them to … More >>
The thought of losing health insurance coverage is scary. This informative blog answers the most frequently asked questions (FAQs) about COBRA by participants. If you’re a COBRA administrator, this page is a great resource for your employer groups. This extensive list of FAQs describes what COBRA is, who qualifies, how coverage works and more.
IRA, 401(k), HSA? You may be thinking that one of these is not like the others. But, Health Savings Accounts (HSAs) are more valuable than you may think. While most people tend to regard HSAs solely as a way to counter the rising costs of medical care, they can also become a money-smart tool for … More >>
by Art Aldridge, Vice President of Technology DataPath has been innovating software solutions for over three decades. Our founder saw potential in the benefits administration market, and under his guidance, we began blazing a path to new frontiers by developing software for tax-advantaged employer benefits back in the 1980s. Over the course of the company’s … More >>
The United States Department of Labor (DOL) finalized a conflict of interest rule designed to ensure that investment advisors deliver the best available investment information to their clients. A fact sheet published by the Department of Labor states, the “conflict of interest final rule and related exemptions will protect investors by requiring all who provide … More >>
Believe it or not, August is here! For many Flexible Spending Account (FSA) holders, there are only five months left before the end of their plan year and the FSA “use or lose it” policy has people thinking about how to make the most of their tax-free contributions. The great news is that back-to-school shopping … More >>
A Medicare Set Aside account, also known as an MSA, is an important component of the workers’ compensation payment landscape. Here’s the essential information you need to know about who qualifies for them, how they work, approved expenses, etc.: What is an MSA? An MSA is a settlement resulting from a workers’ compensation or personal … More >>
Since they were enacted in 2003, Health Savings Accounts (HSAs) have become an integral part of the consumer directed healthcare landscape for those with a high deductible health plan. One of the chief benefits of having an HSA is that account holders can use that money to pay for a wide range of eligible medical expenses for themselves, their spouses, and their tax dependents.
The alphabet soup of consumer directed healthcare (CDH) – FSAs, HRAs, HSAs, MERPs, MSAs – can be confusing. Some are strictly employee- or employer-funded, while others may be funded by any party. Some accounts offer rollover; others do not. Knowing the differences – like an HSA vs FSA – is important when it comes time … More >>
Flexible Spending Accounts, known as FSAs, are an important part of consumer directed healthcare. The tax-advantaged accounts allow participants to pay for out-of-pocket medical expenses that may not be covered by their health insurance plans. Many companies offer FSAs as part of their employer-sponsored benefits packages.
Come visit with us at the 2016 SIIA National Educational Conference & Expo, September 25-27 in Austin, TX! In addition to attending conference sessions, we’ll be exhibiting in Booth #619 and look forward to visiting with you! The SIIA National Conference & Expo is the world’s largest event focused exclusively on the self-insurance/alternative risk transfer marketplace and … More >>
Since September 2015, ECFC has been leading the charge against the Cadillac tax as the proposed 40 percent excise will be levied against company provided health benefits that exceed $10,200 for singles and $27,500 for families. If not reformed or repealed, the Cadillac tax will negatively affect millions of Americans. As part of ECFC’s ‘My … More >>
On Wednesday, March 30, the Little Rock area was hit by a flash flood due to heavy rains. Some estimates show that central Arkansas received four inches of rain over a two-hour period. The torrential rain affected many areas around the city as it overwhelmed drainage systems, creeks, and other waterways. At the DataPath offices at 1601 … More >>
DataPath took on a special mission during the month of March – to raise money and awareness for the Arkansas Chapter of the Leukemia & Lymphoma Society (LLS). Cancer, in all of its nefarious forms, directly affects many lives, and the company was compelled to pitch in after a member of its team was diagnosed … More >>