Cloud Based HRA Administration Software with DataPath Summit
DataPath Summit is a groundbreaking cloud based platform for the administration of Health Reimbursement Arrangements (HRAs), including QSEHRAs, and other consumer directed healthcare accounts. As the industry's best HRA administration software, Summit enables easy HRA administration for TPAs with:
- Complex HRA plan creation without having to submit an enhancement request
- Streamlined plan set up with default settings and wizards
- Customized plan capabilities 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 complex HRA administration without boundaries.
Vrenae Daly
Comptroller
Secure Benefits Systems
DataPath has helped us streamline our office and our workflow.
Streamlined Account Setup
Summit’s plan setup wizards streamline HRA administration, data entry, and the record keeping process. Set up a new plan with just a few clicks or customize to meet employer needs.
Complex HRA Administration
Summit is the only cloud based solution that can administer unlimited HRAs – from the simplest to the most complex – without the need for enhancement requests.
Secure Broker Access
Summit is the only HRA administration software that enables you to share specific data on shared clients with your referring brokers.
Easy 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.
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 HRA 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.
HRA Administration Software Resources
IRS Releases Qualified Small Employer HRA (QSEHRA) Guidance
In 2017, the 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 passage of the 21st Century Cures Act and contains 79 questions and answers in a 59-page document.
Health Reimbursement Arrangement (HRA) FAQs
A Health Reimbursement Arrangement (HRA) is part of consumer driven healthcare. While HRAs have the same basic legal guidelines as other types of reimbursement accounts, they differ in that they’re funded exclusively by the sponsoring employer. Funding amounts and eligible expenses are unique to each employer.
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 funds it; employees do not make contributions. If your employer offers an HRA, here are some important things to know about the accounts.
QSEHRA Frequently Asked Questions
The Cures Act allows small employers to offer Health Reimbursement Arrangements (HRAs) to their workforce to help cover the cost of medical expenses and health insurance premiums for themselves and their families. Employers and workers alike have questions about how a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) will affect them. Legal experts are in the process of interpreting the law, but here’s a list of some QSEHRA FAQs and their answers that are generally agreed upon.
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.
HRAs – A Look at the Pros and Cons
Health Reimbursement Arrangements, better known as HRAs, are an important piece of the consumer driven healthcare market. The employer-funded account is one arm of healthcare consumerism which enables individuals to take better control of their personal medical decisions. Here are the pros and cons of this benefit account.
