Testimonial: A Focus on Quality and Client Care Forges a Strong Partnership

Diversified Administration, Inc., a third party administration firm, seeks to deliver top quality to its clients. The company focuses 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 >>

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FSA vs HRA vs HSA

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.

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How much is right for my Flexible Spending Account?

What’s the Right Amount for My Flexible Spending Account?

With FSA popularity on the rise, participants want to know ‘what’s the right amount for my flexible spending account?’ Flexible Spending Accounts (FSAs) are fast becoming one of the most popular employer-sponsored benefits in the United States. Currently, about one in five Americans use this tax-reduction tool to save on a wide variety of medical … More >>

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Calendar

9 Ways to Spend Your FSA Funds Before Year End

Some plans require participants to spend FSA funds before the end of the plan year or risk losing the funds altogether; others allow carryover to the next plan year. If uncertain of your plan’s requirements, check with your benefits administrator. Flexible Spending Accounts (FSAs) are a popular employer-sponsored benefit. According to a 2015 survey by … More >>

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Halloween

CDH Accounts Can Help Take the Scare Out of Halloween Injuries

If you get injured this Halloween, look to your consumer directed healthcare (CDH) account to take the scare out of treating your boo-boo. Halloween is magical! All week long, people get festive by decorating their houses and lawns, carving pumpkins, and dressing up in their favorite costumes. However, when someone gets injured, Halloween can be … More >>

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Save Money on the Flu Shot with Your FSA or HSA

Flu season is upon us, which means you have two good reasons to visit your doctor or other vaccination provider to get your annual flu shot. One, it just might protect you from a miserable and potentially fatal case of the flu. Two, if you have a Flexible Spending Account (FSA) or Health Savings Account … More >>

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Back to School

FSA Funds Can Help Account Holders Get Ready for Back to School

Believe it or not, August is here! For many Flexible Spending Account (FSA) holders, there are only five months left before the end of their plan year and the FSA “use or lose it” policy has people thinking about how to make the most of their tax-free contributions. The great news is that back-to-school shopping … More >>

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HSA vs FSA – Breaking Down the Differences

The alphabet soup of consumer directed healthcare (CDH) – FSAs, HRAs, HSAs, MERPs, MSAs – can be confusing. Some are strictly employee- or employer-funded, while others may be funded by any party. Some accounts offer rollover; others do not. Knowing the differences – like an HSA vs FSA – is important when it comes time … More >>

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FSA Eligible Expenses

Flexible Spending Accounts, known as FSAs, are an important part of consumer directed healthcare. The tax-advantaged accounts allow participants to pay for out-of-pocket medical expenses that may not be covered by their health insurance plans. Many companies offer FSAs as part of their employer-sponsored benefits packages.

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Benefits Debit Card

Benefits Debit Cards Offer Convenience and Practicality

Today’s reality highlights the need for benefits debit cards: in a 21st century, first-world society, card payments are the norm rather than the exception. Card payment terminals are found just about everywhere – doctors’ offices, pharmacies, grocery stores, retail shops, taxicabs, subway stations, and more. With consumers utilizing debit and credit cards more and more … More >>

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Summit

DataPath Summit: The Nation’s Best Benefits Administration Platform

DataPath has listened to the needs of TPAs everywhere to design an employee benefits administration platform that is everything they could ever need. From one simple, cloud-based platform, TPAs can now manage FSAs, HRAs, HSAs, Transit Accounts and Benefits Debit Cards from one simple centralized location.

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ECFC logo

ECFC RELEASE: Hatch, Paulsen Introduce Bill to Enhance HSAs, FSAs

Bicameral Legislation Aims to Ease the Burden of Rising Health Care Costs for American Workers, Retirees with the Health Savings Act of 2016 WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) and House Ways and Means Committee member, Congressman Erik Paulsen (R-Minn.) today introduced the Health Savings Act of 2016, legislation to simplify and … More >>

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Transit

High Commuter Costs are Siphoning Money from Workers’ Wallets

According to a recent article featured on CNN Money, commuters in the United States spend an average of $2,600 annually on their daily commute. This comes out to about $10 per day getting to and from the work place. Furthermore, 60% of survey respondents reported an increase in their commuting costs as compared to 19% … More >>

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FSAStore

Utilizing Your FSA For Back-To-School Shopping

August is nearly upon us which means that back-to-school shopping is right around the corner. You may realize that you still have a large sum in your Flexible Spending Account (FSA) and its “use or lose it policy” has you considering how to make the most of your contributions. This is a great time to … More >>

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