News Archives

How to Spur HSA Adoption: Insights and Strategies – A New Whitepaper from DataPath

New DataPath whitepaper examines how third-party administrators can spur HSA adoption and remedy the financial fears of employees LITTLE ROCK, ARKANSAS (March 10, 2020) – DataPath, Inc., a leading technology solutions provider for consumer directed healthcare benefits administration, has published a whitepaper titled, “How to Spur HSA Adoption and Ease the Financial Worries of Employees.” The whitepaper examines why Health Savings Account (HSA) adoption has slowed and how third party administrators and benefits brokers can

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DataPath Article on How Addressing Health Care Education Gaps Can Lead to Business Growth Featured on BenefitsPro

Benefits brokers and consultants are in prime position to help their clients reshape and take a proactive approach to employee benefits. Historically, employee benefits strategies have focused on traditional healthcare and retirement offerings, but today’s employees expect a broader and more flexible benefits package.

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HSA Excess Contributions – What Should You Do?

The federal government recognizes the strain of healthcare costs on Americans. To help ease this burden they created tools like Health Savings Accounts (HSAs), which allow healthcare consumers on high deductible health plans to set aside tax-free money to pay for medical expenses. But, as with any tax-advantaged financial tool, there is a limit on how much account holders can contribute to their HSAs every year. If you go over the annual contribution limit, the

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Why COBRA Compliance is Important for Businesses

From an administrative standpoint, COBRA can be one of the more complex aspects of offering healthcare benefits. Complying with all the COBRA regulations is a time-consuming and often confusing task. Furthermore, businesses that fail to comply with COBRA requirements put themselves at risk of legal issues and financial penalties. Learn more about the importance of COBRA compliance below. What is COBRA? COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that allows employees to

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Cadillac Tax Repealed, PCORI Extended Under New Spending Bill

The controversial Cadillac Tax has been permanently repealed. In December 2019, President Trump signed into law an appropriations bill for 2020 that, among other things, repealed the Cadillac Tax and extended PCORI. The Cadillac Tax, which had never gone into effect, was unpopular with both major parties, labor unions, and benefits organizations. Bipartisan support After several years of delays, the move to repeal the unpopular tax began in July 2019, with the “Middle Class Health

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TPA Growth is Linked to Addressing Gaps in Benefits Education – New DataPath Whitepaper

LITTLE ROCK, ARKANSAS (December 12, 2019) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits administration, announced today the release of a whitepaper titled, “Addressing Education Gaps is Key to TPA Growth.” In the whitepaper, DataPath summarizes findings from a survey they conducted in August 2019 that focuses on employees and their benefits knowledge. The technology firm also offers helpful suggestions for employers and third party administrators to fill the benefits education

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DataPath Completes Client-Focused, Market-Driven Reorganization

LITTLE ROCK, ARKANSAS (October 22, 2019) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits administration, announced today the completion of a reorganization to more closely align the company’s leadership structure with its client-focused, market-driven approach to product and industry leadership. To enhance DataPath’s focus on clients, the company has merged its development and IT teams and appointed Adam Rockers as Chief Technology Officer. As CTO, he will be responsible for ensuring

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DataPath Article on Transparency in Healthcare Featured on FierceHealthcare

Industry Voices – Trump’s ‘shoppable’ prices order could bring significant overhaul Oct 11, 2019 By Thomas O’Banion Originally Posted on FierceHealthcare Most people wouldn’t think of buying an expensive item, such as a car or house, without performing extensive research and price comparisons. Yet, when it comes to healthcare services, comparison shopping has historically been nonexistent. However, with the recent signing of an executive order by the president, increased transparency in healthcare and a move toward healthcare consumerism could

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New Captain Contributor HRA Materials from DataPath: Press Release

DataPath releases new HRA materials for award-winning employee engagement program LITTLE ROCK, ARKANSAS (September 24, 2019) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits, announced today that it has released new materials for its award-winning The Adventures of Captain Contributor™ education and engagement program. Focused on Health Reimbursement Arrangements (HRAs), these new materials include a comic book, video, and fact sheets. In the new comic book and video, benefits superheroes Captain

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Benefits Strategies for Today’s Multi-Generational Workforce – A New Whitepaper from DataPath

DataPath whitepaper analyzes today’s multi-generational workforce, provides strategies to increase employee engagement. Little Rock, Arkansas (September 5, 2019) – DataPath, Inc., a leading solutions provider for third party benefits administration, published a new whitepaper today titled “Effective Benefits Strategies for Today’s Multi-Generational Workforce.” The whitepaper identifies the challenges that employers and benefits administrators face in shaping benefits programs and communicating them to employees. More specifically, there is no “one size fits all” approach to either

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