DataPath Wins Second NHIA Award for Captain Contributor

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 >>

What is a Section 125 Cafeteria Plan?

Section 125 Cafeteria Plan

A Section 125 Cafeteria Plan is an employer-sponsored benefits plan that lets employees pay for certain qualified medical expenses – such as health insurance premiums – on a pre-tax basis. It’s called a “cafeteria plan” because, like walking through a cafeteria and selecting various dishes to eat, employees can choose the types of healthcare options … More >>

White Paper: How TPAs Can Boost Profits and Balance Their Workload Through Platform Efficiency

White Paper Platform Efficiency

As new technologies emerge, TPAs who offer both CDH account and COBRA administration should continually evaluate their day-to-day business operations to reduce costs through greater efficiency. Improvements in technology give rise to numerous opportunities for cost reduction, but they also introduce important questions that must be addressed. For example, is relying on two or more … More >>

Treating Mental Health with a CDH Account

Treating mental health with a CDH account; woman smiling

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 >>

DataPath Chief Marketing Officer to Participate on ECFC Panel

ECFC logo

DataPath’s Chief Marketing Officer, Bo Armstrong, will participate at the 31st ECFC Annual Symposium in a panel discussion on the use of technology with consumer engagement and consumer directed health care accounts. The Symposium, taking place August 7-9 in La Jolla, California, is the premier networking and professional development event for employers, plan sponsors, third party … More >>

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 >>

Does Medicare Enrollment Impact My HSA Eligibility? and Other HSA Questions

Does Medicare Enrollment Impact My HSA Eligibility?

For people enrolled in an HDHP and have (or are considering) an HSA, some commonly asked questions include “Does Medicare Enrollment Impact My HSA Eligibility?” For answers to this question and others, see below. Health Savings Accounts, or HSAs, offer today’s healthcare consumers who are enrolled in a high-deductible health plan (HDHP) a tax-advantaged tool … More >>

2019 HSA Contribution Limits, HDHP Deductibles, and More Announced by the IRS

2019 HSA Contribution Limits

2019 HSA contribution limits, out-of-pocket expense limits, and HDHP minimum deductibles were announced by the IRS in Revenue Procedure 2018-30. Health Savings Account owners will see an increase in contribution limits and out-of-pocket expense limits. The new amounts go into effect January 1, 2019. 2019 HSA Contribution Limits HSA owners will see an increase in … More >>

DataPath Whitepaper on TPAs Succeeding with HSAs Featured in Benefits Pro

Are HSAs worth the effort for TPAs? Despite the growing popularity of HSAs, third-party administrators remain cautious, unsure whether HSAs can be profitable. By Katie Kuehner-Hebert HSA administration is more scalable than the management of flexible savings accounts, as HSA administrators can dedicate fewer resources to such personnel and hardware. As the explosive growth of … More >>

Press Release: DataPath white paper analyzes HSA profitability and potential administration solutions for TPAs

HSA Whitepaper

Little Rock, Arkansas (May 2, 2018) – As the HSA market steadily continues to grow, more third-party administrators (TPAs) are looking to add HSA management services to their portfolio. A new white paper published by DataPath, Inc. addresses common TPA concerns about entering the HSA market: revenue opportunity, workload, and the need to juggle multiple … More >>

White Paper: How TPAs Can Deliver a Unified HSA Experience and Maximize Earnings

White paper - How To Revolutionize CDH Account and COBRA Administration with New, Seamless Technology for TPAs

Since 2005, the market for Health Savings Accounts (HSAs) and qualified high deductible health plans has been continuously growing, and so has the market for HSA management services. However, TPAs who want to compete and make money by adding HSAs to their portfolio see significant barriers to market entry — finding revenue opportunities, time and … More >>

Ideas for Funding Your HSA – Transfers, Rollovers, and More!

Ideas for funding your HSA

In addition to making tax-free payday contributions, your HSA comes with other funding options. Learn more about ways to build up your tax-advantaged account, including funding your HSA from other accounts. Owning a Health Savings Account (HSA) comes with many perks. HSA owners make tax-free contributions, earn tax-free interest and investment income, and use the … More >>