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IRS Notice Clarifies HSA Expansion under OBBBA

The Department of the Treasury and Internal Revenue Service issued Notice 2026-05 on December 9, 2025, providing long-awaited guidance on the Health Savings Account (HSA) provisions enacted through the One Big Beautiful Bill Act (OBBBA). Signed into law on July 4, 2025, the OBBBA amended Section 223 of the Internal Revenue Code to remove barriers that prevented millions of Americans from participating in HSAs. Notice 2026-05 addresses three critical areas: telehealth services, bronze and catastrophic

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Is Your COBRA Administration Ready for What’s Coming? Why TPAs Should Act Now

COBRA Administration Solution - Office Meeting

The employee benefits landscape is entering a period of significant uncertainty, which could lead to increased demand for COBRA services among TPAs and employers. If you’ve been considering upgrading your COBRA administration solution or adding COBRA services to your portfolio, now is the time to act, given the current market conditions. The Shifting Economics of Coverage Loss For years, a predictable pattern has emerged when employees lose their jobs, especially during mass layoffs. Many briefly

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What is the Annual PCORI Fee?

The IRS recently announced updates to PCORI fees on October 29, 2025. See the PCORI Funding and Research section for more details. Two key factors driving up healthcare costs are patients’ limited understanding of medical procedure costs and their minimal participation in healthcare decisions. However, the landscape is changing due to the rise of healthcare consumerism. This movement aims to improve the quality of healthcare services while enhancing efficiency and cost-effectiveness. By empowering patients with

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Why Smart TPAs Partner with BPO Providers During Enrollment Season Surges

It’s 4:47 PM on a Friday in November. Your phone hasn’t stopped ringing for three hours. Jane from ABC Corp needs to understand why her employee’s HSA enrollment was rejected. Mike has been on hold for 20 minutes about a COBRA notice. Meanwhile, your inbox shows 47 unread emails about benefit changes – all marked “urgent.” Sound familiar? Every fall, TPAs face the same brutal reality: enrollment season hits like a tidal wave. What was

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Four Generations, One Workforce: Cracking the Benefits Code

In just two years, benefits options have surged by 23% – from 175 in 2023 to 216 in 2024 – driven by the need to cater to four distinct generations with different priorities working together in today’s workforce. Generation Z: Realistic Innovators BORN: 1997-2012 FOCUS: Wellness and Flexibility Members of Gen Z, also called Zoomers, have been shaped by global connections, social media, and economic uncertainty. As digital natives, they work to build personal brands

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Beyond the AI Hype: Intelligent Automation for Benefits Administration

Beyond the AI Hype: Intelligent Automation from DataPath

Benefits administration has always been a delicate balancing act. Between managing enrollment deadlines, processing contributions, ensuring COBRA compliance, and handling claims reimbursements, TPAs and benefit administrators operate in a highly complex environment that demands both precision and speed. Manual processes consume valuable time and invite costly errors, while the stakes for accuracy in our compliance-intensive industry continue to escalate. Enter the latest wave of AI solutions promising to revolutionize everything. But before you get swept

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Why BPO Is a Key Contributor to Successful TPA Platform Transitions

As TPAs face more complex business operations and rising client expectations, outdated systems can slow performance and increase risk. Upgrading to a modern platform helps organizations stay competitive, compliant, and efficient. However, the transition must be carefully managed to avoid disruptions. Business Process Outsourcing (BPO) offers a smart solution, providing expert support and resources for a smooth, successful platform transition. Why TPA Platform Transitions are High-Stakes Software transitions in the TPA space involve far more

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The $147 Billion HSA Opportunity Banks Cannot Afford to Miss

The Health Savings Account (HSA) market has quickly emerged as one of the most lucrative and rapidly expanding segments in financial services, yet traditional banks have largely remained on the sidelines. With HSA assets projected to reach nearly $147 billion across over 39 million accounts by the end of 2024, marking a 19% year-over-year growth, the pressing question is not whether banks should enter this market, but how swiftly they can act to seize their

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How the One Big Beautiful Bill Act Will Transform Your Employee Benefits Strategy

H.R. 1 of the 119th Congress, aka the One Big Beautiful Bill Act (OBBBA), was signed into law on July 4, 2025. This legislation is a comprehensive reimagining of how America supports working families. For benefits professionals, this sweeping reform presents both novel opportunities and immediate challenges that will reshape the employee benefits landscape for years to come. At its core, the OBBBA recognizes a fundamental truth: today’s workers are juggling more responsibilities than ever

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HSA Expansion Opens the Door to Millions

HSA Expansion Opens the Door for Millions

The Health Savings Account (HSA) landscape is about to experience its most significant expansion in decades. H.R. 1 (119th Congress), Pub. Law 119‑21 (also known as the One Big Beautiful Bill Act (OBBBA)), signed into law on July 4, 2025, automatically treats all Bronze and Catastrophic level health plans available on ACA exchanges as HSA-qualified high-deductible health plans (HDHPs) for plan years beginning after December 31, 2025. It is important to note that the provision only applies to

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