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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Future of HSAs

DataPath Provider Payments Simplifies Reimbursements for Workers’ Compensation Payers

DataPath Provider Payments reduces expenses, potential errors and centralizes tracking LITTLE ROCK, AR (December 3, 2014) – Managing provider payments can prove both challenging and costly for workers’ compensation payers. To help streamline this process, DataPath, Inc. announced today that it has launched an electronic provider payment solution for workers’ compensation. “We discovered that a significant … More >>

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RenewCard Automates Workers’ Compensation Indemnity Payment Processing

DataPath RenewCard reduces indemnity payment expenses, manual errors; simplifies tracking. /PRNewswire/ — Indemnity payments not only represent a sizable portion of workers’ compensation expenses, they also require significant administrative resources. DataPath announced today that it is introducing RenewCard, a card-based indemnity payment solution designed to streamline the process for workers’ compensation payers. “Our discussions with payers uncovered … More >>

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