Nondiscrimination Testing: Why It’s Important for Employer Benefits

Health benefits are an effective tool for attracting and keeping talented employees, especially those in the upper ranks of a company. Health benefits are also a highly regulated industry, so it’s no surprise that the IRS wants to ensure that companies do not favor one group of employees over another. In particular, the IRS wants to make sure health benefit plans don’t discriminate in favor of highly compensated employees with respect to plan eligibility, pre-tax

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Transparency in Healthcare; Healthcare consumerism

Transparency in Healthcare: Patients and Government Push for Better Pricing and Quality

Most people wouldn’t think of buying an expensive item without doing significant research and price comparisons. Yet, when it comes to healthcare, which is often a major expense, comparison shopping has historically been non-existent. This is due, in part, to a lack of transparency in healthcare. In the past, if you asked for a written estimate for a medical procedure, many doctors and healthcare facilities would treat it as a nuisance. Worse, they probably couldn’t

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IRS Expands Preventive Care Allowed Under HDHPs

With the issuance of Notice 2019-45 on July 17, 2019, the Treasury Department and the Internal Revenue Service (IRS) expanded the types of preventative care covered under a High Deductible Health Plan (HDHP) for people with certain chronic conditions. Under IRS code section 223(c)(2), HSA-qualified HDHPs cannot pay 100% of the cost for care received prior to the minimum deductible being met unless the care is classified as preventive. Created in 2005, Health Savings Accounts

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Whitepaper: Analyzing the value of outsourcing benefits administration for employers

DataPath Whitepaper Analyzes the Value of Outsourcing Benefits Administration for Employers

New DataPath whitepaper explores the complexities of healthcare benefits administration and why employers should consider outsourcing LITTLE ROCK, ARKANSAS (July 11, 2019) – The complex and highly-regulated field of healthcare benefits administration should not be taken lightly. A new whitepaper from DataPath, Inc., the longest running software provider in the healthcare benefits administration industry, surveys the potential perils of keeping benefits administration in-house and offers a solution for cost-minded businesses. The whitepaper, “Employers Looking to

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IRS to expand HRA types to include ICHRA for employee health insurance

IRS and Other Agencies to Create New HRA Types

The Internal Revenue Services (IRS) issued a final rule to create two new types of Health Reimbursement Arrangements (HRAs). The newly created Individual Coverage HRA (ICHRA) and the Excepted Benefit HRA will go into effect on January 1, 2020.

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DataPath Partner Awards

DataPath Honors Clients, Celebrates 35 Years at Annual Conference

LITTLE ROCK, ARK. (June 6, 2019) – DataPath, Inc., the longest running solutions provider in the benefits administration industry, announced the honorees of its annual partner awards. The DataPath Partner Awards were presented at the Connections 2019 conference and recognize industry success, business growth, and commitment to excellence and consumer directed healthcare through using DataPath solutions. The following DataPath partners were recognized: Benefit Design Specialists (Mechanicsburg, PA), Rock n’ Roll Award.  The Rock n’ Roll

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DataPath Earns International Honor for Marketing Communications

DataPath was recently honored with a 2019 Hermes Creative Gold Award for a unique communications piece that shares the story of the 35 year-old software company. “We have one of the premier marketing teams in the industry and our clients have direct access to this level of talent through our Partner Marketing Program,” says Bo Armstrong, chief marketing officer.

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EBN logo

DataPath Recognized by EBN as a 2019 Digital Innovator

LITTLE ROCK, ARK. (May 1, 2019) – DataPath, Inc., a leading technology provider of benefits administration solutions, was recognized by Employee Benefit News (EBN) for its multi-award winning employee education and engagement program, The Adventures of Captain Contributor™. In EBN’s 2019 Digital Innovators article, the program and the voice of Captain Contributor, Thomas O’Banion, were honored for their involvement in “transforming the industry by helping employers and employees better engage in healthcare, benefits and the

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HSAs and Filing Your Taxes

If you have a Health Savings Account (HSA), you may have questions about how they affect your annual tax return. HSAs provide a tax-advantaged financial tool for reducing out-of-pocket healthcare expenses and saving for retirement. However, because the money contributed to your account is pre-tax, it must be accounted for on your tax returns. If you’re filing HSA tax information for the first time, you may ask, “What is the 1099-SA form, and where do

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DataPath Whitepaper Addresses TPA Concerns about Complex HRAs and Solution Capabilities

TPAs Need More Flexible Solutions for Complex HRAs LITTLE ROCK, Ark. (March 14, 2019) – Third party benefits administrators (TPAs) who offer Health Reimbursement Arrangements (HRAs) to their clients often find themselves frustrated by their system’s limited capabilities for complex HRAs. A new whitepaper from DataPath, Inc., a leading developer of cloud-based benefits administration solutions, analyzes why benefits administrators who manage HRAs need a solution that was designed to help them capture market growth and

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