Cloud-Based HRA Administration Software with DataPath Summit
Streamlined HRA Administration, Account-Linked HRA Debit Card, QSEHRA
DataPath Summit is a revolutionary cloud-based platform for the administration of Health Reimbursement Arrangements (HRAs), including QSEHRAs, and other consumer directed healthcare accounts. Summit enables simplified HRA administration for TPAs with:
- Quick account setup with default settings and wizards that streamline data entry and record keeping processes
- Custom plan setup for each employer group, including contribution schedules and reimbursement settings
- Account-linked HRA debit card with IIAS and MCC restriction capability
- And more!
DataPath Summit enables HRA management without boundaries.
CDH Account and COBRA Administration
Summit is more than HRA administration software; it’s the ‘everything you could need’ solution for CDH account and COBRA billing administration. In addition to HRA management, you can administer FSAs, DCAPs, Limited Purpose FSAs, Transit/Commuter accounts, and COBRA billing.
Summit’s robust benefits and features can help you grow your business:
- Simple business consolidation with an unrivaled Master-Sub relationship that allows comprehensive search capability across all books of business
- Secure broker access that allows you to share specific data with referring brokers on shared clients
- Extensive white label branding that enables you to fully tailor your participant and employer portals with your company’s identity, logo, colors, and web address
HRA Debit Card
Offer your employer groups quick, convenient access to their HRA benefit dollars with an account-linked HRA debit card. The Summit HRA debit card is customizable with your logo upon request.
Powered by MasterCard®, the Summit debit card offers a stacked environment that allows participants to access multiple benefit accounts (DCAP and HRA, for example) from a single payment source. The Summit HRA debit card can be used everywhere major credit cards are accepted. The benefits debit card can boost participation rates for employer groups.
DataPath is the industry’s only solutions 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.
HRA Administration Resources
- What’s the difference between FSA vs HRA vs HSA?
- HRA Plans – View HRA Plans, Qualified Expenses, Taxes, and More.
- Learn more about QSEHRAs – QSEHRA FAQs
Additional Information about HRA Administration
IRS Releases Qualified Small Employer HRA (QSEHRA) Guidance - On Tuesday, October 31, 2017, the Internal Revenue Service (IRS) released official guidance on the usage of Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) in Notice 2017-67, The guidance comes nearly a year after the ... Read more
Executive Order May Lead to HRA Regulatory Expansion - Through an executive order signed Thursday, October 12, President Donald Trump lifted some insurance rules that were put in place by the Affordable Care Act (ACA). The President’s executive order, “Promoting Healthcare Choice and Competition ... Read more
Health Reimbursement Arrangement (HRA) FAQs - This guide provides answers to frequently asked questions about Health Reimbursement Arrangements (HRA FAQs). For questions and answers regarding Qualified Small Employer HRAs (QSEHRAs), go here. A Health Reimbursement Arrangement (HRA) is part of consumer ... Read more
Why Small Businesses Should Consider QSEHRAs - In today’s cost-conscious healthcare environment, small businesses have several tools they can use to manage the cost of providing employees with a healthcare plan. One of the most effective is a Health Reimbursement Arrangement, or ... Read more
HRA Plans: What You Need to Know About Qualified Expenses, Taxes, and More - Health Reimbursement Arrangements (HRAs) are employer-sponsored benefit plans that allow employees to withdraw tax-free money to pay for qualified medical expenses. Unlike other types of employer-sponsored healthcare benefits, the employer owns the HRA and completely ... Read more
The 21st Century Cures Act: An Infographic - The following infographic highlights the important points regarding the 21st Century Cures Act and standalone HRAs for insurance premium reimbursements. The Cures Act affects millions of small businesses and their employees. Learn how DataPath can help ... Read more
IRS Guidance Provides Limited Transition Relief - As part of Notice 2015-7, the IRS issued guidance on Feb. 18 providing limited transition relief for certain premium reimbursement plans, including: Individual market premium reimbursement arrangements (PRAs), also known as employer payment plans as defined in Notice ... Read more