Most people wouldn’t think of buying an expensive item, such as a car or house, without performing extensive research and price comparisons. Yet, when it comes to healthcare services – a major expense for many – comparison shopping has historically been non-existent. This is due, in part, to a lack of transparency in healthcare. If … More >>
The 2019 Patient-Centered Outcomes Research Institute (PCORI) fee due date is quickly approaching. This year also marks the end of PCORI fees for most self-insured health plans. Due on July 31, 2019, the PCORI fee applies to employer-sponsored health plans ending between September 30, 2018 and before October 1, 2019. Learn more about PCORI fees, … More >>
New DataPath whitepaper explores the complexities of benefits administration and why employers should consider outsourcing LITTLE ROCK, ARKANSAS (July 11, 2019) – The complex and highly-regulated field of healthcare benefits administration should not be taken lightly. A new whitepaper from DataPath, Inc., the longest running software provider in the healthcare benefits administration industry, surveys the … More >>
Benefits brokers and consultants are in prime position to help their clients reshape and take a proactive approach to employee benefits. Historically, employee benefits strategies have focused on traditional healthcare and retirement offerings, but today’s employees expect a broader and more flexible benefits package.
A desirable benefits package can look very different to members of the five generations that make up today’s workforce. Brokers are perfectly positioned to help their clients determine and define what a competitive benefits plan looks like, not only for their current employees, but for those they are hoping to attract.
Using a multi-platform approach to CDH and COBRA benefits administration can create a host of problems for third party benefits administrators. The following infographic highlights the negative impacts of a multi-platform approach and examines the benefits of a single solution.
Healthcare consumers now have another online shopping option for saving on hundreds of qualified healthcare products with their FSA or HSA benefit cards. Online retailer Amazon.com is now accepting payments from these benefit accounts for eligible expenses. With this move, Amazon has joined FSAStore, Walgreens, and CVS, among other retailers, in the consumer directed healthcare (CDH) market. The Amazon … More >>
The U.S. unemployment rate is low, which means companies everywhere are in a battle to recruit and hire talented employees. In an economy where workers have the upper hand, the first response of employers is often to raise salaries and wages. However, research shows that a competitive benefits plan can play an increasingly vital role … More >>
The following infographic outlines the must-have features of benefits administration software for third party benefits administrators. If your solution doesn’t have all of these, it may be time to upgrade. To streamline your workflow and increase the bottom line, look for these features and capabilities.
DataPath has recruited ‘Captain Contributor’ to help it explain all of those complicated accounts, and rules. By Allison Bell at ThinkAdvisor U.S. employee benefits rules have turned into such a maze that the complexity is hurting use of flexible spending arrangements (FSAs), health savings accounts (HSAs) and other personal benefits account programs. Employees, meanwhile, are … More >>
Employer-sponsored benefits and the fight to improve mental health December 18, 2018 By Bo Armstrong Originally Posted on BenefitsPRO.com Mental health is one of the most significant healthcare challenges facing Americans today. An unseen and often overlooked healthcare need, it impacts people everywhere – at home, in the workplace and at school. It is estimated … More >>
DataPath Earns National Recognition for Employee Engagement Website for Healthcare Benefits LITTLE ROCK, ARK. (November 29, 2018) – DataPath, Inc., a leading provider of technology solutions for tax-advantaged benefits administration, was recently awarded a 2018 MarCom Gold Award. The award was issued for CaptainContributor.com, DataPath’s employee engagement and education program website, in the category of … More >>
2019 FSA contribution limits will increase by $50.00, going from $2,650 to $2,700. The increased contribution limit affects health FSAs and limited purpose FSAs. Health FSAs may be used for a wide range of out-of-pocket healthcare expenses, including co-pays, deductibles, most dental and vision services, prescriptions, and more. Limited Purpose FSAs are coupled with an HSA and may be used for vision and dental expenses only. Dependent Care Assistance Plans will stay at the $5,000 annual limit.
Facts, Figures & Tips for a Successful Enrollment Process.
The following infographic provides an overview of facts, figures and tips for employers to have a successful open enrollment process.
Captain Contributor Avenges Workers Wronged by Poor Benefits Planning By Caroline Hroncich at Employee Benefit Adviser When disasters come knocking, Superman or Batman can help save the day. But when benefits problems are on the horizon, Captain Contributor is the superhero employees might want to turn to. A former tax accountant turned superhero (his origin … More >>