HSAs as a Retirement Tool
…health insurance coverage at a later date. Plus, you can use the money regardless of your insurance enrollment status. At the end of each calendar year, all unused funds in…
Search Results for: change of status
How Much Should I Contribute to My HSA?
…or insurance plan changes. However, you can only make contributions while enrolled in an HDHP, although you can spend or withdraw an existing balance whether or not you are enrolled…
BPO Services
…re-enrollment Participant demographics and status changes Contribution reconciliation Online/mobile claims adjudication Debit card claims adjudication Claims entry for faxed and emailed claims Printing and mailing fulfillment services Preparing raw data…
Missed open enrollment? What’s next?
…Health Savings Accounts (HSAs) Health Savings Accounts require owners to be enrolled at the same time in an HSA-eligible high-deductible health plan (HDHP). As long as that status is in place,…
IRS Clarifies ARPA COBRA Premium Assistance – FAQs and Answers
…Health Insurance Exchange, eligible for COBRA and premium assistance? Yes. A person who had a reduction in hours or was involuntarily terminated and is now enrolled in an individual health…
“The Case for COBRA System Flexibility: Expecting the Unexpected” – BenefitsPRO features article by DataPath Chief Marketing Officer
What are COBRA administrators to do in the face of all this change? At the very least, they have to stay flexible. And that flexibility has to start with their…
BPM: Key to Organizational Success
…This helps the company achieve its strategic goals through effective dealing with market changes. The Importance of BPM in Modern Business Enhanced Efficiency BPM aims to eliminate non-productive operations. By…
Effective Benefits Strategies for a Multi-Generational Workforce – DataPath Whitepaper
…21st century, are beginning their careers. Rapid changes in technology throughout the 20th and early 21st century, cultural forces, and personal experiences, uniquely shaped each generation. Given these factors, there…
Changing Employer-Employee Dynamics Create New Opportunities for TPA Growth
…to support employee livelihood, health, and dignity to degrees never before experienced. Decades of further evolutionary change were effectively compressed into a span of about two years. When the pandemic…
6 Things to Know About HSAs
…qualified healthcare expenses, regardless of insurance coverage status. Catch-Up After Age 55 Each plan year, the IRS sets an annual contribution limit for HSA account holders. However, account owners aged 55…