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.
Saving Time and Money with Summit FSA Administration
Quick, Easy Account Setup
Summit’s default settings and wizards streamline FSA administration, data entry, and the record keeping process. Set up a new plan with just a few clicks or customize to meet employer needs.
Simple Business Consolidation
Summit recognizes that TPAs are consolidating and outsourcing more than ever. Summit includes a Master-Sub relationship that is unparalleled in the industry.
Summit is the only platform that
enables you to share specific data on shared clients with your referring brokers.
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
For individuals and businesses who are in the midst of enrollment season, the IRS has just announced an increase for 2019 FSA contribution limits. The announcement (Revenue Procedure 2018-57), released November 15, 2018, also includes increases for transportation and parking benefits. Generally the IRS announces Flexible Spending Account (FSA) annual…
Facts, Figures & Tips for a Successful Enrollment Process The following infographic provides an overview of facts, figures and tips for employers to have a successful open enrollment process. See below for an open enrollment checklist (click image to view .pdf): Open Enrollment Checklist – Facts, Figures & Tips for…
DataPath, Inc. Publishes New Materials for Award-Winning Benefits Education and Engagement Program Little Rock, Ark. (September 25, 2018) – DataPath, Inc., a leading provider of cloud-based benefits administration solutions, recently released new materials for its award-winning employee education and engagement program, The Adventures of Captain Contributor. The new materials include…
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…
‘What are the differences between an FSA vs HRA vs HSA?’ is a common question for many people. Here’s a quick overview of the different accounts, how they’re similar and how they standalone. At the bottom of the post is an infographic with a visual representation of the comparisons. When…
Flexible Spending Accounts, known as FSAs, are an important part of consumer directed healthcare. The tax-advantaged accounts allow participants to pay for out-of-pocket medical expenses that may not be covered by their health insurance plans. Many companies offer FSAs as part of their employer-sponsored benefits packages. It’s estimated that 43…