Cloud Based FSA Administration Software with DataPath Summit
DataPath Summit is a powerful cloud-based solution that enables administration for healthcare Flexible Spending Accounts (FSAs), limited purpose FSAs (LPFSAs), and dependent care FSAs (DCAP). Summit promotes efficient 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
- Convenient mobile app allows participants to check balances and submit claims from their handheld devices
- Account-linked FSA debit card with stacked benefit environment
Advance your FSA administration capabilities with DataPath Summit.
Linda Meyerhoffer
President
Benefit Solutions, Inc.
DataPath makes it easy to administer all of our lines of service, including HRA, COBRA, Transportation and Retiree Billing.
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 Consolidation
Summit recognizes that TPAs 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 FSA administration software that enables you to share specific data on shared clients with your referring brokers.
Full White Label Branding
Customize your participant and employer portals with your logo, colors, and distinct URL. The Summit mobile app can also be customized to reflect your brand.
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 administration software 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 Software Resources
IRS Announces 2019 FSA Contribution Limit Increase
2019 FSA contribution limits will increase by $50.00, going from $2,650 to $2,700. The increased contribution limit affects health FSAs and limited purpose FSAs. Health FSAs may be used for a wide range of out-of-pocket healthcare expenses, including co-pays, deductibles, most dental and vision services, prescriptions, and more. Limited Purpose FSAs are coupled with an HSA and may be used for vision and dental expenses only. Dependent Care Assistance Plans will stay at the $5,000 annual limit.
Infographic: Open Enrollment Checklist
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.
DataPath Publishes New FSA and HSA Materials for Captain Contributor
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 second edition comic books, videos, and fact sheets for Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs).
White Paper: 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.
FSA vs HRA vs HSA – What are the Differences?
When it comes to consumer driven healthcare (CDH), there are three popular employer-sponsored benefit accounts: Flexible Spending Account (FSA), Health Reimbursement Arrangement (HRA), and Health Savings Account (HSA). On first glance, when comparing an FSA vs HSA, FSA vs HRA, or HRA vs HSA, it can feel a little daunting. Each account has some overlapping similarities, but each is remarkably different.
FSA Eligible Expenses
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.
