Summit equips TPAs to go beyond “typical” benefit offerings to meet the needs of today’s diverse workforce with Lifestyle Spending Accounts. Lifestyle Spending Accounts (LSAs) are post-tax, employer-funded reimbursement accounts that assist employees in accessing products, services, or activities that help improve their overall sense of well-being. Expenses eligible for LSA reimbursement are chosen by the employer and can be nearly unlimited in scope. Many employers choose expenses within the categories of physical fitness, mental
Since 2002, DataPath has helped COBRA administrators get where they want to grow with industry-leading COBRA and Billing solutions. Administrators want to stay competitive, keep on top of regulatory changes, and attract and maintain new revenue streams. Summit’s powerful functionality allows you to take advantage of simplified terminations, automated notices and communications, flexible billing options, and more. Plus, we offer fulfillment and BPO services to help you grow your business. TPAs can also utilize the
The industry’s first, true all-in-one cloud-based solution, Summit simplifies employee benefits administration for third-party administrators. TPAs can offer the full suite of solutions, or choose individual lines of service specific to their business. Considering an all-in-one administrative platform? You have choices. Here are the top 5 reasons why you should choose DataPath Summit: Get where you want to grow with DataPath Summit.
DataPath Business Process Outsourcing (BPO) services offer you a level of convenience and quality that you won’t find elsewhere. Focus on running your business and becoming more efficient by letting DataPath handle your claims entry, fulfillment, enrollment, and contribution processing needs. DataPath clients can enjoy: Let DataPath help you automate and streamline many of your day-to-day processes with affordable and compliant BPO services.
DataPath Business Process Outsourcing (BPO) provides secure solutions and back-office support services exclusively for third-party administrators of employee benefit accounts. Save time and conserve resources by letting DataPath handle your claims entry, fulfillment, enrollment, and contribution processing needs. Do what you do best and outsource the rest! Here are the top 5 reasons why you should choose DataPath BPO: Let DataPath help you automate and streamline many of your day-to-day processes with affordable and compliant
Ready to grow? We can help. DataPath Marketing Services delivers unique, trend-setting, and surprisingly affordable marketing services for third-party administrators of employee benefits plans. Put our extensive industry knowledge, professional experience, and award-winning creative talents to work on your business expansion goals.
Our cloud-based Summit solution enables TPAs to offer Section 132 Transit/Commuter/Parking benefit plans anywhere in the United States. Administrators can offer the convenience of Section 132 plans to their employer clients – helping deliver a more satisfying benefits package to their employees. Plan administration is made easy with Summit’s simple plan setup, debit card with stacked accounts, and convenient mobile app. TPAs can also use Summit’s customizable plan document templates or create and upload their
Flexible Compensation: More than Healthcare Adding Compensation Management Services Can Help TPAs Thrive in a Challenging Market Employer-sponsored benefits come in many different forms. Most commonly, benefit packages include health and life insurance coverage, paid time off, healthcare spending accounts, and retirement plans. However, there is another form of flexible compensation that is becoming steadily more desirable – student loan reimbursement accounts. In this up-and-coming, underserved market, third party benefits administrators have an opportunity to
Employers may be switching to HDHPs and HSAs, but there are still some barriers to employees embracing the change, including misunderstandings and confusion about cost shifting. TPAs and brokers have the tools and knowledge to deliver greater HSA adoption for their clients. When they do, it’s a win for everyone.
Consumers have more choice than ever when it comes to healthcare benefits. However, research suggests they are not using those benefits as effectively as they could due to knowledge gaps. For TPAs, understanding where those gaps exist and providing solutions to address them is key to client satisfaction and business growth.
With four distinct generations in the workplace, employers and benefits administrators find it challenging to build a benefits plan and education strategy that meets the needs of all age groups. Based on their personal experiences, each generation has its own expectations and preferred style of communication. To reach these groups, employers and communicators should develop a multi-faceted approach that will deliver the best results and happier employees. Generational Differences: The Great Divide In today’s work
Healthcare benefits are complicated. Federal regulations are under constant scrutiny and frequently undergo revisions. Plan setup, account management, and compliance are just a few of the time-consuming demands that come with the job of benefits administration. While employers may think they should handle these detail-oriented duties with an in-house staff, outsourcing benefits administration to an expert third party administrator can be more cost effective and help deliver a better overall experience. Background Benefits administration is
HRAs are a flexible tax-advantaged vehicle to help employers save money while delivering a strong benefits package for their workforce. The challenge for third party administrators is finding a benefits administration solution that enables them to attract and retain clients, deliver superior service, and create flexible and complex HRA plans without overbearing constraints from their solutions provider.
In the employer-sponsored benefits industry, leading providers of account management solutions offer partner marketing programs to help third party administrators (TPAs) operate their businesses, market their services, and educate target audiences about tax-advantaged benefit accounts. However, these programs can vary substantially from vendor to vendor. For the independent TPA, evaluating partner marketing programs often is overlooked, or at least not seriously considered, until after the contract is signed. As part of the customer service experience,
Since 1984, DataPath has focused on creating innovative technology solutions that address ever-changing market forces and government legislation. We work hand-in-hand with our clients, listening to their needs, and in turn, developing solutions that help them become more efficient and grow their businesses. Are you looking for a benefits technology partner? Here are the top 5 reasons why you should choose DataPath: