President Biden signed The American Rescue Plan Act (ARPA) of 2021 into law on Thursday, March 11, 2021. In addition to stimulus checks and child tax credits, ARPA features full COBRA subsidies for a limited time and an increase in the maximum contribution limits for people who use Dependent Care Assistance Plans (DCAP) through their … More >>
Cloud-based FSA Administration Software
FSA Administration, FSA Debit Card, FSA Eligible Expenses
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. Create plan templates that can be used with other similar plans.
- Convenient mobile app allows participants to check balances, upload receipts, and submit claims from their handheld devices.
- Account-linked FSA debit card with stacked benefit environment and customizable behaviors. DataPath does not require prefunding for card transactions.
Make your FSA administration software capabilities soar with DataPath Summit.
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.
Higher Level of Service
Perform nondiscrimination testing directly in the portal. You can also use our plan document templates or upload and share your own.
Secure Broker Access
Summit is the only FSA administration software that enables you to share specific data on shared clients with your referring brokers.
Claims Processing BPO
Focus on what you do best and let us handle your claims processing. We can handle a nearly unlimited volume of claims with a quick turnaround time.
FSA Debit Card
Offer your employer groups quick, secure access to their benefit dollars and improve participation rates with an FSA debit card. The Summit debit card, powered by Mastercard, features a stacked benefit environment that allows access to multiple accounts (FSA, DCAP, Transit, etc.) from a single source. Participants can use their Summit FSA 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. TPAs may customize card behavior per employer plan, rather than plan type. Upon request, we can brand the card with your logo.
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The Compliance Office
We were very impressed with DataPath. We were able to save a lot of money. Your training is spectacular!
Bill Mann
President
FSA Administration Software Resources
Health FSA and DCAP Carryover Rules Approved for 2021
On Monday, December 21, Congress passed a new $900 billion COVID stimulus bill (known as the Consolidated Appropriations Act, 2021). The legislation is aimed at helping Americans cope with challenges from the pandemic. Along with stimulus payments and other financial provisions, the bill also includes modified carryover and dependent rules for Dependent Care Assistance Plan … More >>
2021 FSA Contribution Limits to Stay at $2,750
The Internal Revenue Service (IRS) published Rev. Proc. 2020-45, announcing annual limits for Flexible Spending Account (FSA) contributions, maximum carryover amounts, and Transportation benefit (Transit/Commuter/Parking) contribution limits. FSA, LPFSA, and related limits for 2021 will remain the same as they are for 2020. Learn more about 2021 FSA contribution limits and other updates below. 2021 … More >>
FSA Mid-Year Elections, Grace Periods, Carryover and More: IRS COVID-19 Guidance
On Tuesday, May 12, the IRS published additional COVID-19 guidance for employer-sponsored healthcare benefits. Drafted to address unanticipated changes in medical and childcare costs due to the COVID-19 emergency, the two Notices relax mid-year election changes for health Flexible Spending Accounts (FSAs) and Dependent Care Assistance Programs (DCAPs). They also provide more flexibility in grace … More >>
COVID-19 Claims Run Out Extension for FSA and HRA Plans
On April 29, 2020, the IRS, Department of Labor, and other federal agencies published a final notice providing COVID-19 relief guidance on COBRA extensions. The notice also extended run out periods for health Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA) plans. Learn more about the COVID-19 claims run out extension and what it … 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 >>