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Employer-Sponsored Benefits Gain Importance in Employment Advertising

Attracting talent demands more than just a competitive salary. Today’s workforce highly values a strong employer-sponsored benefits package, and job seekers are increasingly evaluating employee benefits when considering potential employers. For employers, highlighting benefits in job ads has evolved from a best practice to an essential strategy. As the demand for transparency and comprehensive compensation packages grows, savvy employers increasingly leverage their benefit programs to strengthen their appeal to top talent. By the middle of

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Streamlining EFT Operations: The Importance of NACHA Nested TPS Rules

The world of electronic funds transfer (EFT) underwent a significant shift in September 2022 with the implementation of the NACHA Nested Third-Party Sender (TPS) rules. Those impacted include third-party benefits administrators (TPAs) who utilize an ACH provider to initiate payroll deductions or premium payments, thus acting as nested TPSs within the ACH network. Understanding the NACHA Nested TPS rules is crucial to ensure smooth operations and avoid potential penalties. What are the NACHA TPS rules?

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DataPath Welcomes New Executives to Spearhead Growth

Lawton, Cox

LITTLE ROCK (May 28, 2024) – DataPath, Inc., a trailblazer in technology solutions for the employee benefits, financial services, and insurance sectors, is proud to announce the appointment of two distinguished executives to its leadership team. Sherry Lawton steps into the role of Senior Vice President of Strategic Growth for ProsperityHSA, DataPath’s latest venture to revolutionize the Health Savings Account (HSA) landscape. With over two decades of expertise in HSA banking and consumer-directed healthcare, Lawton is

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DataPath Launches ProsperityHSA

ProsperityHSA

DataPath Financial Services, Inc. has announced the launch of ProsperityHSA (prosperityhsa.com), a program designed to create new revenue and growth opportunities in the HSA market for banking institutions, third-party employee benefit administrators (TPAs), and insurance brokers. Building on DataPath’s recent designation as an approved non-bank HSA custodian and its two decades of success in creating HSA administration technology and services, ProsperityHSA is poised to disrupt the industry’s usual HSA administration offerings. John Robbins, Jr., President

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DataPath Launches Accelergent Growth Solutions

LITTLE ROCK, AR (March 26, 2024) – DataPath, Inc. today announced the launch of Accelergent Growth Solutions to help companies in the benefits, financial services, and insurance industries accelerate their growth and profitability. Accelergent offers expert business process management, outsourcing, automation, and marketing services, allowing businesses to focus on core competencies and revenue-generating activities. The new organization expands a 15+ year partnership between DataPath, Inc. and its sister company, Overbrook Technology Services (OTS). John Robbins,

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BenefitsPRO Features DataPath CMO on 2024 Benefit Plans

In 2024, perceived coverage gaps, flexibility, and affordability receive more attention as companies weigh prioritizing value versus shifting costs.  November 27, 2023 By Bo Armstrong Originally posted on BenefitsPRO.com For 2024, brokers and TPAs will be well served to focus strongly on options that add significant value. In its recently released Survey on Health and Benefits Strategies for 2024, Mercer cited three key themes emerging from conversations with leadership from more than 700 organizations of varying

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DataPath Granted Non-Bank HSA Custodian Status

DataPath Financial Services, Inc. (DFS) announced today its approval by the Internal Revenue Service (IRS) as a Non-Bank Custodian for Health Savings Accounts (HSAs) effective November 1, 2023.

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BenefitsPRO article features DataPath CMO on using benefit accounts to support the work-life relationship

Considering the vital role of the work-life relationship in worker effectiveness, wellbeing, and long-term commitment, employers, brokers and TPAs should prioritize it across all facets of their operations, including their benefits programs. August 2, 2023 By Bo Armstrong Originally posted on BenefitsPRO.com Employees who struggle to balance their work and personal lives can suffer from health issues, poor job satisfaction, exhaustion, burnout, and problematic behavior on the job. Despite 72 percent of Statista survey respondents acknowledging the importance of

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