News Archives

Captain Contributor Program Wins 2020 APEX Award: Press Release

DataPath employee education and engagement program wins APEX Award LITTLE ROCK, ARKANSAS (August 18, 2020) – DataPath, Inc. a leading provider of technology solutions for third party benefits administration has announced that it is a recipient of a 2020 APEX Award for Excellence for its employee education and engagement program, The Adventures of Captain Contributor™. The program was awarded in the category of “Campaigns, Programs & Plans – Employee & Benefit Communications.” This is the third

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HRA Plan Types: A Breakdown (Infographic)

Breaking Down HRA Plan Types A Health Reimbursement Arrangement (HRA) is a tax-advantaged health benefit funded and owned by employers. Depending on the type of HRA, employees can use money from the account to pay for IRS-approved healthcare expenses and health insurance premiums and it does not count toward their taxable income. Learn more about HRA plan types: HRA Plan Types Standard HRA Individual Coverage HRA (ICHRA) Excepted Benefits HRA (EBHRA) Qualified Small Employer HRA

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DataPath’s Captain Contributor Program Earns Web-based Digital Health Award

DataPath garners seventh national award for employee education and engagement program LITTLE ROCK, ARKANSAS (July 21, 2020) – DataPath, Inc., a leading developer of technology solutions for third party benefits administration, was selected as a winner in the 2020 Digital Health Awards program. The company was honored with a Silver Award in Web-based Digital Health for captaincontributor.com, the company’s official website for its employee education and engagement program, The Adventures of Captain Contributor™. “During COVID-19,

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New DataPath Whitepaper Identifies Student Loan Repayments as Emerging Market for TPAs

Whitepaper focuses on developing market for student loan repayment assistance plans, which impacts nearly 45 million Americans LITTLE ROCK, ARKANSAS (July 7, 2020) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits administration, has published a whitepaper titled, “Flexible Compensation: More than Healthcare.” The whitepaper examines the positive effect that benefits such as health insurance, healthcare spending accounts, and retirement planning have on employers and workers. In particular, one benefit program rapidly

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Captain Contributor Program Wins 2020 AVA Digital Gold Award

DataPath’s employee education and engagement program earns sixth national award LITTLE ROCK, ARKANSAS (June 9, 2020) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits, has been named an AVA Digital Gold Award winner for the second year in a row. The AVA Digital Awards recognize excellence by creative professionals who plan, direct, design and produce digital communications. DataPath received the 2020 Digital Gold Award for its video, Betty the Benefactress Explains

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HSA vs 401k – Which Account to Fund First?

Do you have both an Health Savings Account (HSA) and a 401(k) through your employer? HSAs are generally thought of as a vehicle for healthcare savings, because it’s right in the name. Most most people understand that a 401k is used for retirement. A lot of people wonder though, which account should they fund first, the HSA vs 401k. Let’s compare the two benefit accounts. HSA vs 401k – What is the difference? What is

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DataPath Article on COBRA Eligibility for Furlough vs a Layoff Featured on BenefitsPro

The current economic situation caused by COVID-19 safety measures has millions of people wondering how they can keep their employer’s health insurance plan. Companies have been forced to furlough or layoff their workforce until the economy improves. In fact, the U.S. economy lost more than 20 million jobs in April. As such, people want to know whether or not they can sign up for COBRA continuation coverage and if they will be able to afford it.

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FSA Mid-Year Elections, Grace Periods, Carryover and More: IRS COVID-19 Guidance

In May 2020, the Internal Revenue Service (IRS) published COVID-19 guidance for employer-sponsored healthcare benefits. Drafted to address unanticipated changes in medical and childcare costs due to the COVID-19 emergency, the two Notices – Notice 2020-29 and 2020-33 – relax mid-year election changes for health Flexible Spending Accounts (FSAs) and Dependent Care Assistance Programs (DCAPs). They also provide more flexibility in grace periods for both types of accounts and increase the maximum annual carryover amount

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COVID-19 Claims Run Out Extension for FSA and HRA Plans

On April 29, 2020, the Internal Revenue Service (IRS), Department of Labor (DOL), and other federal agencies published a final notice providing COVID-19 relief guidance on COBRA extensions. The notice also extended run out periods for health Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA) plans. Learn more about the COVID-19 claims run out extension and what it means for third party administrators, employers and participants. COVID-19 Claims Run Out Extension The final notice, now available

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COVID-19 COBRA Extensions and Claims Filing Update

The Internal Revenue Service (IRS), Department of Labor (DOL), and other federal agencies released an update on COBRA extensions and claims filing due to the COVID-19 outbreak. This latest guidance came after Congress passed the CARES Act in late March 2020, along with other initiatives to ease the economic effect on American workers and companies. The final notice, published April 29, 2020, recognized that “participants and beneficiaries covered by group health plans, disability or other employee

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