Flexible Compensation: More than Healthcare Adding Compensation Management Services Can Help TPAs Thrive in a Challenging Market Employer-sponsored benefits come in many different forms. Most commonly, benefit packages include health and life insurance coverage, paid time off, healthcare spending accounts, and retirement plans. However, there is another form of flexible compensation that is becoming steadily … More >>
Cloud-based HRA Administration Software
Streamlined HRA Administration, Account-Linked HRA Debit Card, QSEHRA
DataPath Summit is a powerful cloud based solution for the administration of Health Reimbursement Arrangements (HRAs), including group HRAs, ICHRAs, EBHRAs, and QSEHRAs. As the industry's most flexible HRA administration software, with nearly unlimited plan type capability, Summit enables versatile account management for TPAs with:
- Complex HRA plan creation with the ability to customize plans at the tier level per employer group, including deductibles and reimbursements
- Diverse plan types, including dental and vision plans, Section 139 Disaster Relief, and Student Loan Reimbursement Accounts (SLRA)
- Account-linked HRA debit card with card behavior customization and MCC restriction capability per employer group
- Affordable and accurate claims entry services performed by an experienced team with quick turnaround time
- And more!
Take flight with DataPath Summit's HRA plan administration!
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.
From simple to the most complex, plan details are customized at the tier level, including deductibles and reimbursements. TPAs can adjust card behaviors per employer plan and edit MCCs as needed.
Compliance and Plan Docs
Perform nondiscrimination testing in the Summit portal. Take advantage of Summit's compliant plan document templates or upload and share your own.
Powerful Data Exchange
Use Summit's Data Exchange to reduce your administration workload. Import plan participants and dependents, enrollments, claims, and contributions.
HRA Debit Card
Offer your employer groups quick, convenient access to their benefit dollars and boost participation rates with an account-linked HRA debit card. You can customize card behavior per employer plan and edit MCCs as needed. The Summit HRA debit card can be branded 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.
HRA Administration Software Resources
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 >>
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.
DataPath releases new HRA materials for award-winning employee engagement program LITTLE ROCK, ARKANSAS (September 24, 2019) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits, announced today that it has released new materials for its award-winning The Adventures of Captain Contributor™ education and engagement program. Focused on Health Reimbursement Arrangements (HRAs), these … More >>
The Internal Revenue Services (IRS) issued a final rule to create two new types of Health Reimbursement Arrangements (HRAs). The newly created Individual Coverage HRA (ICHRA) and the Excepted Benefit HRA will go into effect on January 1, 2020.
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.