Manage FSA, HRA, HSA, Dependent Care, Transit, Debit Cards and More
Summit is the “everything you could need” solution for CDH account and COBRA administration.
Designed specifically with TPAs in mind, Summit helps you master the challenges of tax-advantaged account administration for FSAs, HSAs, HRAs/QSEHRAs, Dependent Care accounts, Transit, and more. Plus, our cloud-based platform combines CDH account administration with flexible financial processing options, including banking and investment capabilities for HSA account holders.
It’s everything you and your clients could need, all in a single platform.
Summit Makes HSA Administration and Investments Simple
Summit is an all-in-one HSA management solution that offers TPAs the ability to increase revenue without taking on a lot of work.
Summit enables you to offer clients and account holders a convenient and robust ‘one-stop shop’ for every HSA-related need with centralized HSA management, banking and investments in a secure, web-based environment. These features can help you boost your bottom line and deliver greater client satisfaction.
Blaze a path to better HSA administration, more revenue, and stronger client relationships with Summit HSA!
How Summit Will Save You Time and Money
‘Everything You Could Need’ Cloud-Based Platform
Quick, Easy Account Setup
Summit’s default settings and wizards streamline employee benefits administration, data entry, and record keeping processes. Set up a new plan with just a few clicks or customize to meet employer needs.
Full HSA Functionality
Summit is a one-stop shop for HSAs. DataPath has the custodial relationship that allows TPAs to offer HSA management, investments, and banking in a single platform.
Enjoy Summit’s seamless COBRA functionality, including event-based notice generation, automatically monitored COBRA-related events, time-frame tracking, and flexible loss-of-coverage options.
Simple Business Consolidation
Summit was built to meet the current market reality that firms are consolidating and outsourcing more than ever. Summit includes a Master-Sub relationship that is unparalleled in the industry.
Secure Broker Access
Summit is the only platform that empowers you to give brokers secure, online access to specified data on shared clients. With Summit, you designate what data can be shared with which people. Maintain full control while forming closer relationships with referring brokers to grow your business.
Non-discrimination testing in Summit is simple, whether the data being tested is already in the system or imported specifically for this purpose. In addition, Summit allows you to adjust participants’ compensation limits, and to print and share test results including recommended plan changes.
White Label Branding
Customize the administration and participant portals with your brand, reflecting your logo, colors, themes, message, and web address. DataPath branding need not appear on any public-facing pages or features.
Grant Access to Funds with a Benefits Debit Card
For over a decade, DataPath has been blazing a path in the benefits administration industry with its benefits debit cards.
Our all-in-one payment solutions enable participants to easily access their funds and help employers incent group plan enrollment. They also help TPAs stay competitive, attract new clients, prevent benefit fraud, and reduce time and money spent processing paper claims.
Conquer the challenging terrain of benefits administration with DataPath’s benefits debit cards.
Read Our White Papers about CDH Account Administration
White Paper: How TPAs Can Boost Profits and Balance Their Workload Through Platform Efficiency - As new technologies emerge, TPAs who offer both CDH account and COBRA administration should continually evaluate their day-to-day business operations to reduce costs through greater efficiency. Improvements in technology give rise to numerous opportunities for cost reduction, but they also introduce important questions that must be addressed. For example, is relying ... Read more
White Paper: How TPAs Can Deliver a Unified HSA Experience and Maximize Earnings - Since 2005, the market for Health Savings Accounts (HSAs) and qualified high deductible health plans has been continuously growing, and so has the market for HSA management services. However, TPAs who want to compete and make money by adding HSAs to their portfolio see significant barriers to market entry — finding ... Read more
White Paper: How To Revolutionize CDH Account and COBRA Administration with New, Seamless Technology for TPAs - Computer technology is continually evolving. The benefits administration platforms of years past are ill-equipped to meet the demands of 21st century users, and benefits administrators are looking for increased efficiency, better data integrity, and greater value from software vendors. Read more
White Paper: Positioning for Growth – Why TPAs Should Embrace a Thriving HSA Market - Health Savings Accounts (HSAs) have been growing in popularity over the past decade. Due to healthcare reform in Washington, D.C., and market demands, TPAs can benefit from a thriving HSA market. With multiple entities placing an increased focus on HSAs, TPAs need to know how to position themselves in order to ... Read more
White Paper: Evaluating Solutions to Leverage a Booming HSA Market - As the Health Savings Account (HSA) market continues to surge, the time is right for TPAs and other companies to jump in and build additional revenue. However, one significant area of concern for TPAs is competing with banks. In order to become a formidable alternative to traditional banks, TPAs need ... Read more