Cloud-based HSA Software

Versatile HSA administration solution, featuring banking and investments

Summit equips TPAs to take advantage of the ever-growing Health Savings Account market.

Summit is a comprehensive, cloud-based HSA software solution that enables TPAs to take advantage of a thriving market. By the end of 2022, HSA accounts are expected to exceed 35 million, up from 28.5 million in 2019.

With Summit, you can be as hands-on or as hands-off as you choose. Offer employers and account holders a better benefits experience with centralized HSA administration, mobile app, debit cards, flexible banking options, and integrated investments in a secure, web-based environment.

Build stronger client relationships, improve healthcare satisfaction, and level-up your revenue with Summit HSA!

Summit enables you to offer employers and account holders a convenient ‘one-stop shop’ for every HSA-related need with centralized HSA administration, flexible banking options, and integrated investments in a secure, web-based environment.

HSA Administration - One-stop Shop

One-stop Shop

Summit packages simple HSA administration, centralized banking, and integrated investments together in a single HSA software solution.

HSA Administration - Expense Self-Certification

Expense Self-Certification

You can enable Summit’s settings to allow participants to self-certify their HSA expenses and decrease the amount of time you spend managing accounts.

HSA Software - Easy Participant Portal

Easy Participant Portal

Participants can use the online portal to enroll in their HSA, make elections, view account activity, pay providers, manage investments, access tax information, and submit and store receipts through the convenient HSA software web portal.

HSA Administration - Higher Level of Service

Higher Level of Service

Summit provides compliant plan document templates that can be customized or TPAs can upload and share their own. You can also perform nondiscrimination testing in the portal. 

Confident HSA Investing

Confident HSA Investing

Account holders can invest with confidence and grow their account balances quickly. Users have access to educational tools such as investment prospectuses, RIA-developed lifestyle models, and detailed investor statements.

Convenient Debit Card

Convenient Debit Card

With the Summit HSA debit card, participants have quick, secure access to their tax exempt funds. MCC or IIAS restrictions can also be enabled. 

Mobile App

Mobile App

HSA owners can view and edit their profile, check account balances and purchases, upload receipts, file claims, and manage investments through the convenient mobile app.

HSA Software

And More!

Accessible tax forms may be viewed, printed, and filled out online. Account holders can also receive assistance with forms 1099, 8889, and 5438. Summit HSA also offers secure Office of Foreign Assets Control identity verification with results management.

All these features and more make Summit the most convenient, easy-to-use HSA software platform on the market. DataPath also services the accounts by reconciling payments, contributions, distributions and interest payments, and we provide industry-leading customer support. Plus, TPAs don’t have to worry about reviewing expenses, leaving more time to build stronger client relationships. HSA administration has never been easier! 

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TaxFree Plans

We found DataPath to be a wonderful partner...look forward to many years in the future.

Dick Boever Principal

Read Our Whitepapers about HSA Software and Administration

How to Spur HSA Adoption and Ease the Financial Worries of Employees – DataPath Whitepaper

Employers may be switching to HDHPs and HSAs, but there are still some barriers to employees embracing the change. A lack of understanding and confusion about cost shifting are among the factors in non-adoption. TPAs and brokers, as front line experts for consumer directed healthcare, have the tools and knowledge to deliver greater HSA adoption … More >>

Whitepaper: Addressing Education Gaps is Key to TPA Growth

Today’s healthcare consumers have more choice than ever when it comes to healthcare benefits. However, research suggests they are not utilizing those benefits as effectively as they could, in large part due to lack of knowledge and understanding about them. For third party administrators, understanding where the gaps exist and providing solutions to address them … More >>

Whitepaper: Why Employers Should Consider Outsourcing Benefits Administration

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 … More >>

Whitepaper: How TPAs Can Boost Profits and Balance Their Workload Through Platform Efficiency

As new technologies emerge, TPAs who offer benefits administration such as CDH account and COBRA administration should continually evaluate their day-to-day business operations to reduce costs through greater efficiency.

Whitepaper: 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. TPAs need a solution that can help them streamline benefits administration, including HSAs, to deliver an industry-leading customer experience.

Whitepaper: 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 COBRA software vendors.

Read More Information about HSA Administration

“Give That HSA Balance a Boost” – EBN Features HSA Strategy Views from DataPath CFO

Health Savings Accounts (HSAs) can be a great investment in one’s personal healthcare and financial future. Their versatility, and the fact that these accounts can be kept for life, mean that HSA owners need to adopt strategies for building and using the accounts to their full potential.  March 17, 2021 By Chris Gunderman Originally Posted … More >>

HRA vs HSA – Examining the Similarities and Differences

Do you know the difference between a HRA vs HSA? The key difference between the two is that an HRA is employer-owned whereas an HSA is employee-owned. With an HSA, the employee keeps the account and can transfer it when he or she changes jobs. Account holders may also invest their HSA funds.

Keys to Increasing HDHP and HSA Adoption: An Infographic

To increase Health Savings Account (HSA) and high deductible health plan (HDHP) adoption, TPAs and employers should understand what drives employee behavior. The following infographic outlines the keys to increasing HSA and HDHP adoption. HSAs and High Deductible Health Plans: A Guide to Increasing Adoption Offering Health Savings Accounts (HSAs) paired with a high deductible … More >>

2021 HSA Contribution Limits Announced by IRS

The Internal Revenue Service (IRS) published the 2021 rates for Health Savings Accounts (HSAs) on Wednesday, May 20. The 2021 HSA contribution limits have increased as well as the maximum out-of-pocket limits for high deductible health plans. Learn more below. 2021 HSA Contribution Limits For 2021, the HSA contribution limits have increased due to inflation. … More >>

COVID-19 Testing and Healthcare Benefits FAQs

In recent weeks, Congress and the IRS have acted to provide relief to Americans due to the COVID-19 (coronavirus) health emergency. With the passage of the CARES Act, updates to HDHPs, HSAs and other measures, businesses, workers and third party administrators have a lot of questions about these changes. See the list below for answers … More >>

CARES Act: HDHPs and Telemedicine; OTC Medications Become Eligible Healthcare Expenses

On Friday, March 27, 2020, Congress passed the CARES Act (H.R. 748) and the President signed it into law. The $2 trillion bill is designed to provide economic relief for American citizens and business due to the COVID-19 healthcare emergency that has greatly impacted the U.S. economy. In addition to the stimulus checks and unemployment … More >>

How to Spur HSA Adoption: Insights and Strategies – A New Whitepaper from DataPath

New DataPath whitepaper examines how third party administrators can spur HSA adoption and remedy the financial fears of employees LITTLE ROCK, ARKANSAS (March 10, 2020) – DataPath, Inc., a leading technology solutions provider for consumer directed healthcare benefits administration, has published a whitepaper titled, “How to Spur HSA Adoption and Ease the Financial Worries of … More >>

Health Savings Account FAQs

Health Savings Accounts are increasing in popularity due to participants’ ability to reduce healthcare expenses, save on taxes, and put additional money aside for retirement. HSAs have been available since 2005, and people have many questions about how to qualify for an account, what expenses are eligible, how to open an account, and other Health Savings Account FAQs. Here’s what you need to know about these powerful tax-advantaged tools.