The Trump administration recently released a proposed rule that, if finalized, would expand access to Health Reimbursement Arrangements (HRAs). The proposed rule, issued by the Departments of Health and Human Services (HHS), Labor (DOL), and Treasury, would lift restrictions on the use of employer-sponsored benefit accounts to purchase health insurance on the individual marketplace. The … More >>
Benefit Solutions, Inc. (BSI) is a third party administration (TPA) firm that helps employers and brokers develop comprehensive, compliant employee benefit packages. They also provide benefits administration services for Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), and COBRA. Headquartered in Midlothian, Virginia, BSI currently serves more than 500 clients throughout … More >>
Partner Marketing Programs Can Affect a TPA’s Ability to Control Costs and Successfully Grow Business LITTLE ROCK, Ark. (October 17, 2018) — When third-party administrators (TPAs) evaluate potential benefits administration platforms, one frequently overlooked part of the selection process is the platform provider’s partner marketing program. A new whitepaper from DataPath, Inc., a leading provider … More >>
DataPath Wins Second NHIA Award for Captain Contributor Employee Education, Engagement Program Little Rock, Ark. (September 11, 2018) – DataPath, Inc., a leading national provider of technology solutions for benefits administration, is the recipient of the 2018 National Health Information Awards’ (NHIA) Bronze Award for its employee education and engagement program, The Adventures of Captain … More >>
Mental health currently represents one of the biggest healthcare challenges in the United States. It is estimated that: One out of every five adults in the U.S. experiences a mental illness at some point in their lives Nearly 10 million adults live with a serious mental illness One-half of all chronic mental illnesses begin by … More >>
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 >>
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.
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 >>
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 >>
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.
Computer technology is continually evolving. The benefits administration platforms of years past are ill-equipped to meet the demands of 21st century users, and benefits administrators are looking for increased efficiency, better data integrity, and greater value from COBRA software vendors.
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 >>
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.
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.