HSA Archives

DataPath Article on Transparency in Healthcare Featured on FierceHealthcare

Industry Voices – Trump’s ‘shoppable’ prices order could bring significant overhaul Oct 11, 2019 By Thomas O’Banion Originally Posted on FierceHealthcare 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, comparison shopping has historically been nonexistent. However, with the recent signing of an executive order by the president, increased transparency in healthcare and a move toward healthcare consumerism could

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Benefits Strategies for Today’s Multi-Generational Workforce – A New Whitepaper from DataPath

DataPath whitepaper analyzes today’s multi-generational workforce, provides strategies to increase employee engagement. Little Rock, Arkansas (September 5, 2019) – DataPath, Inc., a leading solutions provider for third party benefits administration, published a new whitepaper today titled “Effective Benefits Strategies for Today’s Multi-Generational Workforce.” The whitepaper identifies the challenges that employers and benefits administrators face in shaping benefits programs and communicating them to employees. More specifically, there is no “one size fits all” approach to either

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IRS Expands Preventive Care Allowed Under HDHPs

With the issuance of Notice 2019-45 on July 17, 2019, the Treasury Department and the Internal Revenue Service (IRS) expanded the types of preventative care covered under a High Deductible Health Plan (HDHP) for people with certain chronic conditions. Under IRS code section 223(c)(2), HSA-qualified HDHPs cannot pay 100% of the cost for care received prior to the minimum deductible being met unless the care is classified as preventive. Created in 2005, Health Savings Accounts

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DataPath Whitepaper Analyzes the Value of Outsourcing Benefits Administration for Employers

New DataPath whitepaper explores the complexities of healthcare 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 potential perils of keeping benefits administration in-house and offers a solution for cost-minded businesses. The whitepaper, “Employers Looking to

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DataPath Article on Brokers Taking a Proactive Approach to Employee Benefits Featured on BenefitsPRO

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.

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DataPath Article on Why Millennials Should Embrace HSAs Featured on Healthcare Business Today

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.

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DataPath Article on Cross-Generational Benefits Selling Featured on Employee Benefit Adviser

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DataPath Article on Using Employer-sponsored Benefits for Mental Health Featured on BenefitsPro

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 that: The prevalence of mental illness is worrying. However, the fact that so many people are not receiving treatment for

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DataPath Receives Top Honor for Employee Engagement Program Website

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 Website – Benefits. Designed to help employees learn more about Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), COBRA and

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DataPath Article on Employee Engagement and Education Featured on BenefitsPro

Increasing Enrollment Starts with Employee Engagement October 1, 2018 By Bo Armstrong Originally Posted on BenefitsPRO.com Low employee engagement in benefits programs is a common problem, one that continues to grow as health care benefits become more complicated and costs continue to rise. In fact, many large employers report year-long engagement rates among employees and their benefits to be less than 10 percent. The reason? Employees have a hard time understanding how their benefits work.

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