8 Ways to Engage Your Millennial Employees in Health Benefits

Are you an employer or HR? Chances are you have Millennial employees on your staff. The following infographic provides you with valuable information about this demographic, and how you can engage your Millennial employees in health benefits. (Click to enlarge) 8 Ways to Engage Your Millennial Employees in Health Benefits Millennials in the Workplace: 52 … More >>

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Summit HSA

DataPath Launches Summit HSA

DataPath, Inc., a leading innovator of employer-sponsored benefits administration solutions, announced today its new Health Savings Account (HSA) administration and investment functionality in Summit, the company’s cloud-based platform. The HSA expansion will make DataPath Summit the industry’s only SaaS solution with fully-unified CDH, investment and COBRA billing capabilities. Learn more about this new functionality for its healthcare benefits administration software.

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Cadillac tax

Cadillac Tax in Limbo Until 2022

The formal launch of the “Cadillac tax”, officially known as the Affordable Care Act’s high-cost plan tax (HCPT), has once again been pushed back; this time from 2020 to 2022.  In January 2018, Congress voted to delay implementation of the tax as part of a measure to restore funding and end a partial government shutdown. … More >>

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Healthcare trends

Top 3 Healthcare Trends for 2018

If you thought 2017 was an interesting year in the healthcare arena, 2018 promises even more change! The biggest healthcare trends in the industry revolve around attempts to manage rising insurance and medical costs. For example, more small to mid-size employers are exploring self-insurance, where they self-fund their healthcare plans and use group stop-loss insurance … More >>

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DataPath White Paper Examines Benefits Administration Solutions for TPAs

A new white paper released today by DataPath evaluates the evolution of computer technology and examines how current software solutions impact the work of third party administrators (TPAs). DataPath, a platform provider for consumer directed healthcare accounts, COBRA and billing administration, also highlights the importance of an all-inclusive approach to solutions development.

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HDHP and Wellness Program Participation

High Deductible Health Plans (HDHP) Increase Wellness Program Participation

For TPAs who offer HSA administration services, understanding HDHP enrollment and wellness program participation can be key when talking to clients and prospects. This article outlines the link between HDHP insurance and wellness programs.  How High Deductible Health Plans Increase Wellness Program Participation The cost of healthcare premiums continues to go up for both employers … More >>

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Summit COBRA Press Release

DataPath Announces the Release of COBRA in Cloud-Based Summit Platform

DataPath, Inc., a leading innovator in the consumer-directed healthcare industry, announced today new COBRA billing functionality in Summit, the company’s cloud-based benefits administration platform. With Summit COBRA, benefits administrators will be able to perform both CDH and COBRA account administration within the industry’s only fully-unified cloud system.

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FSA, HRA, HSA, COBRA, Insurance Payments, QSEHRA guidance

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.

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2018 FSA contribution limits

2018 FSA Contribution Limits and Other Benefit Increases Published by IRS

On Friday, October 20, the Internal Revenue Service (IRS) released updated rules for 2018 contribution limits for health Flexible Spending Accounts (FSAs), Transportation benefits, and Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs). These amounts go into effect on January 1, 2018. The 2018 FSA contribution limits, and other benefit account increases are as follows: 2018 … More >>

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The White House; President Trump signs Executive Order

Executive Order May Lead to HRA Regulatory Expansion

Through an executive order signed Thursday, October 12, President Donald Trump lifted some insurance rules that were put in place by the Affordable Care Act (ACA). The President’s executive order, “Promoting Healthcare Choice and Competition Across the United States,” prioritizes three areas for his Administration: association health plans, short-term limited-duration insurance, and Health Reimbursement Arrangements … More >>

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Healthcare consumerism

What is Healthcare Consumerism and How Does it Affect Healthcare?

Imagine a healthcare system where everyone in the U.S. is a knowledgeable, savvy consumer of medical services and plays an active role in purchasing and consuming the services they receive. With the advent of healthcare consumerism – a movement to make the delivery of healthcare services more efficient and cost-effective – it may be here … More >>

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HRA FAQs

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.

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Can you have an HRA and HSA at the same time?

Can You Have an HRA and HSA at the Same Time?

Healthcare spending accounts, such as Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs), help individuals and families pay for medical expenses. They also provide more control over how and where to pay for those expenses. One frequently asked question is “can a person have both an HRA and HSA at the same time?”. The … More >>

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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 >>

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