Indemnity Payment

3 Key Indemnity Payment Issues for Payment Administrators

In a recent poll of C-level executives conducted by DataPath, payment administrators answered a range of questions regarding indemnity payment processing. The inquiries sought to better understand the challenges and industry trends that payers experience. Among the questions posed, the main focus centered on payment types, frequency, cost, and other related issues. 3 Major Indemnity … More >>

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Payment Administrators

How Workers’ Comp Payment Administrators Can Stay Relevant in the 21st Century

For any business or industry, the ability to stay relevant is key to success. Staying with the old ‘tried-and-true’ ways, without the capacity, willingness, or foresight to adapt to technological advances, can be a company’s death knell. As Bill Donnell, President and CEO of National Council on Compensation Insurance (NCCI), points out, Blockbuster lost its … More >>

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Employer-sponsored debit cards

The Advantages of Employer-Sponsored Debit Cards

Employees, employers and TPAs all find value from a strong employer benefits package. Employer-sponsored debit cards can further bolster benefits offerings. In today’s fast-paced world, where time is of the essence, debit cards provide an efficient payment method for consumers everywhere. They eliminate the time and hassle involved in writing checks or stopping at the … More >>

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End-to-End Payment Processing

The Benefits of End-to-End Payment Processing

Single-source, end-to-end payment processing can result in stronger client relationships, increased accountability, and decreased fraud. For payment administrators, partnering with a payment processing company that handles the entire payment chain can pay numerous dividends. More and more people rely on debit or credit cards to pay for goods and services. Consumers are primarily concerned about … More >>

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Reloadable Debit Card

Getting Workers’ Comp Payments? Here are 6 Reasons Why Claimants Should Use a Reloadable Debit Card

When it comes to workers’ comp payments, injured workers can face a slew of challenges. Unbanked and underbanked workers encounter serious hurdles, especially if they’re working in a location far from home. If they don’t have access to their home bank (due to injury, distance, or otherwise), it becomes difficult to cash or deposit a … More >>

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RenewCard

What is RenewCard™ and Why Do You Need One for Your Indemnity Payments?

Making workers’ compensation indemnity payments to employees who get injured on the job can be a frustrating and time-consuming process. Managing workers’ compensation indemnity payments often requires employers to navigate a complex and confusing maze of government regulations and payment providers. Additional issues such as check fraud, late or missing payments, and the cost of … More >>

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25th Annual National Workers’ Compensation and Disability Conference & Expo (NWCDC)

Join DataPath in New Orleans for the 25th Annual National Workers’ Compensation and Disability Conference® & Expo (NWCDC). This year’s conference is November 30 through December 2, 2016 at the Ernest N. Morial Convention Center. We’ll be at Booth 1529. Stop by and talk to us about our virtual and card-based payment solutions for claims … More >>

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FSA, HRA, HSA, COBRA, Insurance Payments

Arkansas Workers’ Compensation Educational Conference

The Arkansas Workers’ Compensation Commission (AWCC) is hosting the 2016 Annual Arkansas Workers’ Compensation Educational Conference, September 14-15, 2016 at the Little Rock Marriott Hotel. The purpose of the AWCC’s annual conference is to instruct and update participants in the state’s workers’ compensation system. Employers, occupational health physicians, nurses, insurance adjusters, self-insurers, third party administrators, safety … More >>

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Benefits Debit Card

The Hidden Risks of Workers’ Compensation Payment Processing

Controlling workers’ compensation costs by automating processes, while maintaining the privacy and security of injured workers, is crucial. As payers look to automate payment processes, they could be creating greater risks, complications and inefficiencies. On the surface, the workers’ compensation payment process involves only three players—the payer, the provider and the injured worker. The payer … More >>

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White Paper: Assessing the Hidden Risks of Payment Processing

The complications that stem from multiple parties being involved in insurance payment processing call for a solution that is flexible, efficient, and secure. Introduction The process of issuing payment from an insurer to a provider is fraught with complications and delays. Insurers commonly enlist the services of a third-party administrator (TPA) to manage the supporting documentation and distribute … More >>

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Benefits Debit Card

Three Reasons to Consider a Bank-Neutral Card Solution for Workers’ Compensation Payments

Indemnity payments to injured workers are met with many challenges. Today’s increasingly mobile workforce, a need for greater security, and the desire to lower overall costs may have you considering a modern and flexible payment solution. A bank-neutral debit card may be the answer for these issues: 1. Mobile Workforce Workers in the United States … More >>

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The Hidden Costs of Indemnity Payments

A recent white paper published by DataPath finds that traditional processing methods for indemnity payments may be costing claimants and businesses more than they anticipated. In an evolving 21st century world, people move frequently or work remotely, and some do not have easy access to their home banks. A staggering number of workers, an estimated 25 million people, … More >>

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White Paper: The Hidden Costs of Indemnity Payments

Traditional indemnity payment costs may result in higher workers’ compensation claim costs Introduction Indemnity payments represent a significant portion of workers’ compensation spend – anywhere from 40 to 60 percent of claim costs. While they don’t receive a lot of attention, increasing administrative burdens and processing fees associated with indemnity expenses are thwarting payers’ abilities … More >>

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