Cloud-Based FSA Administration Software with DataPath Summit
FSA Administration, FSA Debit Card, FSA Eligible Expenses
DataPath Summit is a powerful cloud-based platform that enables administration for healthcare Flexible Spending Accounts (FSAs), limited purpose FSAs (LPFSAs), and dependent care FSAs (DCAP). Summit enables simplified FSA administration for TPAs with:
- Quick account setup with default settings and wizards
- Customizable plan setup for nearly unlimited plan designs, contribution schedules, and reimbursement settings
- Account-linked FSA debit card with stacked benefit environment
- And more!
With DataPath Summit, you can blaze a path to new frontiers in FSA administration.
DataPath Summit was designed to meet all of your consumer directed healthcare administration needs. In addition to FSA administration, you can manage HRAs, QSEHRAs, Transit/Commuter accounts, and perform COBRA billing in Summit.
Summit’s FSA platform also has tools and features that can help you grow your business:
- Simple business consolidation with unparalleled Master-Sub functionality
- Secure broker access that enables you to share specific data on shared clients with your referring brokers
- Full white label branding allowing you to customize your participant and employer portals with your logo, colors, and branding, all the way down to the URL
FSA Debit Card
Offer your participants quick, convenient, secure access to their benefit dollars with an FSA debit card. The Summit debit card, powered by MasterCard, features a stacked benefit environment that allows access to multiple accounts from a single source. Participants can use their Summit FSA debit card everywhere major credit cards are accepted.
With an FSA debit card, you can increase auto-substantiation rates and decrease the amount of time spent entering paper claims, which simplifies FSA administration. The Summit card can be customized with your logo upon request. The benefits debit card also incentivizes participation rates for employer groups.
DataPath is the industry’s only FSA platform provider that is also an end-to-end card processor. We keep every card related process in-house, including industry-leading customer service and technical support.
FSA Administration Resources
- FSA Eligible Expenses – Learn more about FSA eligible expenses.
- FSA Limits – View 2018 FSA contribution limits.
- What’s the difference between FSA vs HRA vs HSA?
Additional Information about FSA Administration
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How to Maximize Your Healthcare FSA Spending and Benefits - If you already have a healthcare flexible spending account, or FSA, you know that it’s a powerful financial tool for reducing your healthcare costs. Yet, you may still be wondering, “How can I maximize my ... Read more
6 Ideas for End-of-Year FSA Spending - The clock is ticking on 2017! Have you spent all of your pre-tax FSA dollars? If you still have a balance, here are six suggestions for end-of-year FSA spending. If you participate in a Flexible Spending ... Read more
What is a Limited Purpose FSA and How Account Holders Can Use It - By now, most people are familiar with Flexible Spending Accounts (FSAs), which allow you to set aside money from your paycheck pre-tax to pay for a wide variety of medical expenses. You may not be ... Read more
FSA Reimbursement: 9 Qualified Expenses You May Not Know About - If you participate in a Flexible Spending Account (FSA), there may be some qualified FSA expenses you didn’t know about. Healthcare ... Read more
What’s the Right Amount for My Flexible Spending Account? - With FSA popularity on the rise, participants want to know ‘what’s the right amount for my flexible spending account?’ Flexible Spending ... Read more
FSA Contribution Limit 2017, IRS Inflation Adjustments Affect FSAs - Newly released IRS inflation adjustments increase the FSA contribution limit in 2017. The Internal Revenue Service (IRS) released its inflation adjustments ... Read more
Make Tracks to Higher Revenue with Summit Transit - Transit (also known as Commuter) accounts are a popular employer-sponsored benefit, especially for companies and employees located in and around ... Read more
FSA Funds Can Help Account Holders Get Ready for Back to School - Believe it or not, August is here! For many Flexible Spending Account (FSA) holders, there are only five months left ... Read more
High Commuter Costs are Siphoning Money from Workers’ Wallets - According to a recent article featured on CNN Money, commuters in the United States spend an average of $2,600 annually ... Read more