CDH Account Educational Videos
What is a Flexible Spending Account (FSA)? What is a Health Savings Account (HSA)? What is a Dependent Care Account?
Debit_Cards
The Value of a Consumer Directed Healthcare Account
View the infographic below to discover the value of consumer directed healthcare accounts. The graphic features an overview of HSAs, HRAs, and FSAs, along with other helpful information. What is a Consumer Directed Healthcare Account? A consumer directed healthcare account is a type of medical savings account that: Helps pay for eligible medical expenses Can … More >>
The Advantages of Employer-Sponsored Debit Cards
Employees, employers and TPAs all find value from a strong employer benefits package. Employer-sponsored debit cards can further bolster benefits offerings. In today’s fast-paced world, where time is of the essence, debit cards provide an efficient payment method for consumers everywhere. They eliminate the time and hassle involved in writing checks or stopping at the … More >>
Millennials and HDHPs: A Perfect Fit for Employers and TPAs?
Millennials are younger and healthier in comparison to their Gen X and Baby Boomer peers. Are Millennials and HDHPs with HSAs a good fit for employers and TPAs? A recent study on adults with health insurance shed light on the healthcare spending habits of the up-and-coming Millennial generation. Among the findings are that younger workers … More >>
Medicare Set-Aside 101: Facts TPAs Need To Know
For TPAs who offer or are considering MSA administration, here is an overview of Medicare Set Aside accounts. Navigating the ins-and-outs of Medicare billing can present real challenges for healthcare TPAs – especially when it comes to Medicare Set Aside (MSA) regulations. When a person eligible for Medicare receives a personal injury settlement, the Centers … More >>
House of Representatives Passes American Health Care Act
Yesterday, the House of Representatives passed the American Health Care Act (AHCA) with a vote of 217-213. The bill now goes to the Senate for approval. In its current form, AHCA affects tax-advantaged health care accounts: Health Savings Accounts, Flexible Spending Accounts, and Health Reimbursement Arrangements. It also has tax implications for employers and people … More >>
AHCA: HSAs, FSAs, Cadillac Tax and More
On Monday, March 6, House Republicans published the American Health Care Act (AHCA), a proposal to repeal and replace multiple provisions in the Affordable Care Act (ACA). Among the parts that remain the same are that people with pre-existing conditions cannot be denied coverage and dependents under age 26 can stay on their parents’ healthcare … More >>
Getting Workers’ Comp Payments? Here are 6 Reasons Why Claimants Should Use a Reloadable Debit Card
When it comes to workers’ comp payments, injured workers can face a slew of challenges. Unbanked and underbanked workers encounter serious hurdles, especially if they’re working in a location far from home. If they don’t have access to their home bank (due to injury, distance, or otherwise), it becomes difficult to cash or deposit a … More >>
Testimonial: A Focus on Quality and Client Care Forges a Strong Partnership
Summary Diversified Administration, Inc., a third party administration firm, seeks to deliver top quality to its clients. They focus on helping employees to maximize take-home pay and businesses to increase tax savings, lower premiums, and generate increased employee loyalty. To accomplish this, Diversified Administration, Inc. partnered with DataPath to administer consumer directed healthcare (CDH) accounts … More >>
What is RenewCard™ and Why Do You Need One for Your Indemnity Payments?
Making workers’ compensation indemnity payments to employees who get injured on the job can be a frustrating and time-consuming process. Managing workers’ compensation indemnity payments often requires employers to navigate a complex and confusing maze of government regulations and payment providers. Additional issues such as check fraud, late or missing payments, and the cost of … More >>
White Paper: Using Technology to Enhance the Delivery of MSA Benefits
DataPath recently published ‘Using Technology to Enhance the Delivery of MSA Benefits,’ a white paper that evaluates the challenges that self-administered Medicare Set Aside (MSA) accounts present to both workers’ compensation MSA recipients and third party vendors, such as Pharmacy Benefit Managers (PBMs). However, the think piece argues, there is an available technology-based solution that … More >>
Medicare Set Aside (MSA) Accounts – How It Works
A Medicare Set Aside account, also known as an MSA, is an important component of the workers’ compensation payment landscape. Here’s the essential information you need to know about who qualifies for them, how they work, approved expenses, etc.: What is an MSA? An MSA is a settlement resulting from a workers’ compensation or personal … More >>
RenewCard Simplifies and Secures Workers’ Comp Payments
It’s no secret: American workers are becoming more mobile. Between 2005 and 2012, there was a 79% increase in the number of employees who worked remotely1. With more and more people working away from home, many of them are located far from their personal banks. When these employees get hurt on the job, how does … More >>
DataPath Launches Medicare Set Aside Payment Solution
DataPath RelianceCard™ Helps Payers and Pharmacy Benefit Managers Monitor Workers’ Compensation Medicare Set Aside Settlement Funds LITTLE ROCK (June 15, 2016) – DataPath announced today the launch of its newest workers’ compensation solution, RelianceCard™, a card-based payment solution for Medicare Set Aside (MSA) arrangements. The customizable card provides MSA recipients easy access to funds and … More >>