News

PLANSPONSOR: DataPath Adds HSA and Investment Functionality to Administration Platform

The Summit platform allows TPAs to be more efficient by keeping all administration together in one system. By PS Health savings account (HSA)/high-deductible health plan enrollment is increasing. To help third-party administrators (TPAs) compete in the HSA market, DataPath is expanding Summit, its cloud-based consumer-driven health (CDH) and COBRA administration platform, to include HSA and investment functionality. The company claims that when Summit is expanded to include HSA and investment functionality this March, it will

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Tax Cuts and Jobs Act Affects Commuter Benefits, More

In December 2017, the Tax Cuts and Jobs Act was signed into law, enacting tax reform provisions that will be in effect from 2018 through 2025 (and beyond). Among other areas, the legislation impacts employee benefits directly in two areas – transit/commuter benefits and the individual health insurance mandate required by the Affordable Care Act (ACA). Commuter Benefits Starting in 2018, employers may no longer claim the business deduction for qualified mass transit and parking

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DataPath Whitepaper Examines Benefits Administration Solutions for TPAs

A new white paper released today by DataPath evaluates the evolution of computer technology and examines how current software solutions impact the work of third party administrators (TPAs). DataPath, a platform provider for consumer directed healthcare accounts, COBRA and billing administration, also highlights the importance of an all-inclusive approach to solutions development.

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DataPath Expands Comic-Themed Employee Benefit Engagement Program for Clients

LITTLE ROCK, Ark., Oct. 10, 2017 /PRNewswire/ — DataPath, Inc., a leading provider of financial and administrative technology solutions for the healthcare industry, is expanding its innovative employee education and engagement program, The Adventures of Captain Contributor (https://captaincontributor.com), which was launched by the company in June to help its clients educate employees on benefits and boost enrollment rates. The Adventures of Captain Contributor stars a caped benefits superhero who helps individuals and families solve various personal challenges. In the process, he

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DataPath’s Captain Contributor Employee Engagement Program Featured in PLANSPONSOR

Captain Contributor Rescues Open Enrollment Datapath has created a virtual superhero to guide employees through the benefits enrollment experience. By Javier Simon Datapath has created a virtual superhero to guide employees through their benefit programs to help them conquer personal challenges and achieve financial wellness. Navigating the complexity of employer benefits can be challenging for many employees, but DataPath—a provider of financial and administrative technology—is sending a superhero to the rescue. Captain Contributor, an interactive

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Patents Bolster DataPath Products, Ingenuity

by Art Aldridge, Vice President of Technology DataPath has been innovating software solutions for over three decades. Our founder saw potential in the benefits administration market, and under his guidance, we began blazing a path to new frontiers by developing software for tax-advantaged employer benefits back in the 1980s. Over the course of the company’s history, we’ve sought to remain at the forefront of our industry as a technological leader. Not only do we work

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DataPath Summit: The Nation’s Best Benefits Administration Platform

DataPath has listened to the needs of TPAs everywhere to design an employee benefits administration platform that is everything they could ever need. From one simple, cloud-based platform, TPAs can now manage FSAs, HRAs, HSAs, Transit Accounts and Benefits Debit Cards from one simple centralized location.

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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. In 2015, DataPath achieved several significant milestones: For over three decades, DataPath has been at the forefront of the employer

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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 Quality Award is administered and presented by the Arkansas Institute for Performance Excellence.  According to the Institute’s website, the award “was

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IRS Guidance Provides Limited Transition Relief

relief

As part of Notice 2015-7, the IRS issued guidance on Feb. 18 providing limited transition relief for certain premium reimbursement plans, including: The relief does not extend to stand-alone HRAs or other arrangements to reimburse employees for medical expenses other than insurance premiums, which remain prohibited as outlined in IRS Notice 2013-54. In summary, the guidance provides the following limited relief: 1. Employers who did not qualify as “applicable large employers” (ALE) for all of 2014, and

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