Building effective engagement and benefits strategies for Baby Boomers. This is the first of a four part series on engaging and educating the different generations about their benefits. There are four generations in the American labor force, from Baby Boomers to Generation Z. This blog focuses on benefits strategies for Baby Boomers, including benefit preferences … More >>
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.
As Chief Technology Officer, Adam Rockers is responsible for ensuring that DataPath’s technology delivers a modern, secure, and superb experience to our clients. Adam possesses firsthand, expert knowledge of both DataPath’s cloud-based Summit platform and the complexities of benefits administration. Adam started his career with DataPath in 2002. Over the past two decades, he has … More >>
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 … More >>
Health benefits are an effective tool for attracting and keeping talented employees, especially those in the upper ranks of a company. Health benefits are also a highly regulated industry, so it’s no surprise that the IRS wants to ensure that companies do not favor one group of employees over another. In particular, the IRS wants … More >>
Bo Armstrong, Chief Marketing Officer at DataPath, Inc., will be a featured speaker in an upcoming webinar hosted by BenefitsPro. The free presentation, “How to Engage Employees of All Ages in Today’s Digital Landscape,” will focus on modern benefits plans, understanding a multi-generational workforce, their differing needs, and how to create employee benefits strategies for … More >>
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 – a major expense for many – comparison shopping has historically been non-existent. This is due, in part, to a lack of transparency in healthcare. If … More >>
With the issuance of Notice 2019-45 on July 17, 2019, the Treasury Department and the Internal Revenue Service (IRS) have expanded the types of preventative care that can now be covered under a High Deductible Health Plan (HDHP) for people with certain chronic conditions. Under IRS code section 223(c)(2), HSA-qualified HDHPs cannot pay 100% of … More >>
The 2019 Patient-Centered Outcomes Research Institute (PCORI) fee due date is quickly approaching. This year also marks the end of PCORI fees for most self-insured health plans. Due on July 31, 2019, the PCORI fee applies to employer-sponsored health plans ending between September 30, 2018 and before October 1, 2019. Learn more about PCORI fees, … More >>
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.
New DataPath whitepaper explores the complexities of healthcare benefits administration and why employers should consider outsourcing LITTLE ROCK, ARKANSAS (July 11, 2019) – The complex and highly-regulated field of healthcare benefits administration should not be taken lightly. A new whitepaper from DataPath, Inc., the longest running software provider in the healthcare benefits administration industry, surveys … More >>
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.
A desirable benefits package can look very different to members of the five generations that make up today’s workforce. Brokers are perfectly positioned to help their clients determine and define what a competitive benefits plan looks like, not only for their current employees, but for those they are hoping to attract.