FSA, HRA, HSA, COBRA, Insurance Payments

Taxes and HSAs – What You Need To Know

It’s officially tax season! We have the information you need about taxes and HSAs, and what you need to do before April 18. As you know, tax filing season means that there are often numerous IRS forms that have to be filled out. When it comes to your HSA, there are two other very important … More >>

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28th Annual Arkansas Business of the Year

DataPath is an Arkansas Business of the Year Finalist

DataPath, Inc. is pleased to announce that we have been selected as a finalist in the 28th Annual Arkansas Business of the Year awards. We’re proud to be among the final five companies in Category III (76-300 employees). This marks the second time DataPath has been honored as a finalist, the first being in 2007. … More >>

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White Paper: Assessing the Hidden Risks of Payment Processing

DataPath, Inc. recently published a whitepaper that identifies and assesses the hidden risks of payment processing and suggests a remedy that addresses these serious concerns. The chief problem, which leads to many subsequent complications, is the involvement of multiple parties in the insurance payment process. The convoluted process needs a solution that is more flexible, … More >>

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ECFC logo

ECFC RELEASE: Hatch, Paulsen Introduce Bill to Enhance HSAs, FSAs

Bicameral Legislation Aims to Ease the Burden of Rising Health Care Costs for American Workers, Retirees with the Health Savings Act of 2016 WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) and House Ways and Means Committee member, Congressman Erik Paulsen (R-Minn.) today introduced the Health Savings Act of 2016, legislation to simplify and … More >>

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DataPath Launches New Website

Little Rock, Arkansas – DataPath, Inc., a leading innovator in the benefits administration solutions industry, launched its completely redesigned company website in January 2016. The new website features an intuitive, user-friendly layout that integrates bold, energetic graphics with a clean interface. A major focus of the redesign was to enable visitors to quickly find information … More >>

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FSA, HRA, HSA, COBRA, Insurance Payments

HRA vs HSA – What’s the Difference?

Do you know the difference between a Health Reimbursement Arrangement (HRA) and a Health Savings Account (HSA)? The key difference between the two is that an HRA is employer-owned whereas an HSA is employee-owned. With an HSA, the employee keeps the account and can transfer it when he or she changes jobs. Account holders may also invest their HSA funds.

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FSA, HRA, HSA, COBRA, Insurance Payments

DataPath Teams Up to Give Thanks and Donate Food

DataPath recently teamed up with the Watershed to donate food. The 2015 holiday season officially kicked off across the country with the annual Thanksgiving celebration. For many people, it is a time to gather together and give thanks for their many blessings. However, there are some who are unable to enjoy the feast and participate … More >>

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Transit

High Commuter Costs are Siphoning Money from Workers’ Wallets

According to a recent article featured on CNN Money, commuters in the United States spend an average of $2,600 annually on their daily commute. This comes out to about $10 per day getting to and from the work place. Furthermore, 60% of survey respondents reported an increase in their commuting costs as compared to 19% … More >>

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New Legislation on EMV Chips Won’t Affect DataPath Cards

Consumers who use debit and credit cards may have recently noticed that their cards look a little bit different. Many companies are now issuing cards with a card chip on the front, which is known as the Europay, MasterCard, and Visa (EMV). There is good reason many card issuers are using this new technology: Congressional … More >>

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DataPath Employees

DataPath Featured in 2015 Arkansas Business Profiles

DataPath, Inc. is featured in the 2015 edition of Arkansas Business Profiles.  The company has been in business since 1984 and has grown remarkably over the past 36 months. During that period, DataPath experienced a 120 percent growth in revenue as well as a significant increase in staff.  Among the highlights in the article is DataPath’s Summit solution, a … More >>

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Governor's Challenge Award

DataPath Honored with Governor’s Quality Award

DataPath, Inc, a software development company that builds powerful software systems that administer healthcare benefit plans and specialized payment solutions, was awarded a Governor’s Quality Award on September 15, 2015. DataPath was one of six recipients of the Challenge Award, and company president, John Robbins Jr., was on hand to accept the honor. The Governor’s … More >>

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FSAStore

Utilizing Your FSA For Back-To-School Shopping

August is nearly upon us which means that back-to-school shopping is right around the corner. You may realize that you still have a large sum in your Flexible Spending Account (FSA) and its “use or lose it policy” has you considering how to make the most of your contributions. This is a great time to … More >>

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The Hidden Costs of Indemnity Payments

A recent white paper published by DataPath finds that traditional processing methods for indemnity payments may be costing claimants and businesses more than they anticipated. In an evolving 21st century world, people move frequently or work remotely, and some do not have easy access to their home banks. A staggering number of workers, an estimated 25 million people, … More >>

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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 … More >>

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