DataPath, Inc., a leading developer of technology solutions for benefits administration, announced the launch of direct billing functionality in its cloud-based Summit platform. The enhancement further expands Summit’s billing and benefits administration capabilities, in conjunction with COBRA and retiree billing.
DataPath, Inc., a leading provider of cloud-based benefits administration solutions, announced a new enhancement to its cloud-based Summit platform. Summit now includes retiree billing functionality, in addition to its expansive abilities to administer COBRA and consumer directed healthcare accounts such as Flexible Spending Accounts and Health Savings Accounts.
DataPath Summit empowers TPAs to elevate their benefits administration and succeed with the industry’s only all-in-one cloud-based solution for CDH account, HSA, COBRA, and billing administration. Our powerful solution was built with TPAs in mind – unifying the CDH account and COBRA billing process – to make day-to-day processes more efficient and help our clients’ … More >>
For over a decade, DataPath has been inspiring simplified employer-sponsored benefits administration with account-linked debit cards. Our all-in-one payment solutions help decrease benefits fraud while empowering TPAs to stay competitive and cut down on claims processing. Plus, you can boost enrollment rates and generate higher client satisfaction, and give participants quick, convenient access to their … 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 white paper from DataPath, Inc., a leading … More >>
Employee benefits strategies are rapidly changing in response to the constantly evolving work environment. Increasingly, employers are taking a closer look at their benefit plans to see if they still align with the demands of today’s workforce. Historically, employee benefits strategies have focused mainly on traditional healthcare and retirement offerings. But todays employees – especially … More >>
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 >>
DataPath keeps the needs of third party administrators (TPAs) top of mind when developing and updating employee benefits administration platforms like Summit. In this whitepaper, DataPath examines how communication breakdowns and unsynchronized data can degrade the TPA-client relationship; cost TPAs, employers, and employees time and money; and cause administrative headaches through redundant fees and duplicate workflows. The white paper also discusses technological solutions that allow TPAs greater flexibility, reduced costs, streamlined processes and confident compliance.
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 >>
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 >>
Health Savings Accounts are increasing in popularity due to participants’ ability to reduce healthcare expenses, save on taxes, and put additional money aside for retirement. HSAs have been available since 2005, and people have many questions about how to qualify for an account, what expenses are eligible, how to open an account, and other Health … More >>
Little Rock, Arkansas: DataPath Inc., a company specializing in groundbreaking healthcare benefits administration solutions, announced that Greg Licata, Chief Product Officer, will speak during the annual National Association for Professional Benefit Administrators (NAPBA) conference held June 18-21, 2018, in Nashville, Tennessee. The NAPBA 2018 Annual Conference features industry experts who will share their knowledge on … More >>
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 >>
For companies that are looking to reduce their healthcare costs and help deliver a better quality of life to their employees, a workplace wellness program coupled with an HSA-eligible HDHP could be the solution. Employers offer workplace wellness programs to help employees make better lifestyle choices and improve their health. Part of a broader movement … More >>