HRA

National Health Information Awards Winner 2022

DataPath’s one-of-a-kind employee education and engagement program, Captain Contributor, earns another national award. LITTLE ROCK, ARKANSAS (August 2, 2022) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits, has been named a National Health Information Awards (NHIA) winner for 2022. This is the company’s third NHIA award and 11th national award overall for creativity and effectiveness in health information delivery. The NHIA recognizes the nation’s best health information programs and materials. DataPath

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Digital Health Award

DataPath Wins 2022 Digital Health Award

DataPath garners 10th national award for employee education and engagement program LITTLE ROCK, ARKANSAS (June 17, 2022) – DataPath, Inc., a leading developer of technology solutions for third party benefits administration, has been selected for a Bronze Award in the 24th annual Digital Health Awards® program. The company was honored for a comic book about Health Reimbursement Arrangements (HRAs) that it created for The Adventures of Captain Contributor™ program. This is the 10th award that the Captain Contributor

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ICHRAs can help businesses provide big benefits

Attractive benefits plans are essential in today’s labor market. Smaller businesses in particular often struggle to find affordable group health insurance plans that comply with ACA regulations. Take a look at how an Individual Coverage Health Reimbursement Arrangement, or ICHRA, can help businesses. What is an ICHRA? ICHRAs are an attractive option for both employers and their employees. Under an ICHRA, employers reimburse employees for their individual health insurance premiums instead of sponsoring a group health plan.

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debit card convenience

Benefits Debit Cards: More Convenience for Everyone

Linking tax-advantaged benefits accounts such as FSAs and HSAs to benefits debit cards is more convenient for everyone concerned. Employees are able to make eligible purchases without having to front the expense, file a claim, and wait for a reimbursement. Employers and TPAs usually do not have to manually process a claim due to the automated substantiation processes that govern most benefits debit cards. So, let’s learn more about how benefits debit cards offer more

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HSA, FSA, HRA: What’s the difference?

Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs) have similar acronyms, and the confusion doesn’t end there. While they all offer valuable benefits, some of those benefits overlap. If these are available, be aware of their differences and similarities to determine which is best for your needs. What are HSAs, FSAs and HRAs? Health Savings Accounts (HSAs) Health Savings Accounts (HSAs) are tax-advantaged accounts that are owned and funded by the

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caregiving

Caregivers Need Care, Too!

For many of us, our children are our greatest gifts. But caring for even the happiest and healthiest children can take a toll on parents. Add full-time work (or multiple part-time jobs) into the mix, and some days may feel like a challenge you can’t overcome. Now imagine taking care of an aging parent at the same time. Add in homeschooling during a pandemic and/or a child with special needs. Exhausted yet? The idea of

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Children’s Dental Health: Tips, Tricks and Benefits

Did you know that it’s National Children’s Dental Health Month? Parents have a lot of questions about their kids’ teeth. Each February, the American Dental Association (ADA) takes this opportunity to raise awareness regarding children’s dental health with tips and tricks. And, you can use your benefit accounts to pay for much of it! Children’s Dental Care 101 According to the Centers for Disease Control, children with poor dental health miss more school and receive

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preventive care

New Preventive Care and Screening Guidelines Reduce Out-of-Pocket Expenses for Women and Children

The Health Resources and Services Administration (HRSA) of the U.S. Dept. of Health and Human Services (HHS) recently announced new preventive care and screening guidelines aimed at reducing out-of-pocket expenses for women, infants, children, and adolescents. The new guidelines take effect for plan years beginning in 2023. Under the Affordable Care Act (ACA), certain group health plans and insurance issuers must provide coverage for preventive health services with no out-of-pocket cost. More than 150 million

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small employer

QSEHRA: A Brief History and FAQs

The Cures Act allows small employers to offer Health Reimbursement Arrangements (HRAs) to their workforce to help cover the cost of medical expenses and health insurance premiums for themselves and their families. Employers and workers alike have questions about how a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) will affect them. Legal experts are in the process of interpreting the law, but here’s a list of some QSEHRA FAQs and their answers that are generally agreed upon.

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benefits pro

“What Brokers Should Expect from Technology Partners” – BenefitsPRO features article by DataPath President & CEO

Given the important role that the software solution can hold in the user experience equation, what should benefits brokers, TPAs and employers expect from their software providers? By John Robbins Jr. Originally Posted by BenefitsPRODecember 22, 2021 Benefit brokers, third-party administrators (TPAs) and human resource managers provide, administer and manage benefits packages for companies of all sizes. As the workplace evolves and workforce needs change, benefits are becoming more complex. The administrative systems relied on

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transparency in coverage

Transparency in Coverage: New for ’22

Healthcare costs are expected to trend higher by about 6.5 percent this year. COVID-19 and mental health care will drive the increase, among other health issues. But some relief is already here. Effective January 1, the No Surprises Act aims to protect patients after a service or product has already been provided by banning certain out-of-network billings and educating patients on how to question charges. The Transparency in Coverage rule, also now in effect, will help patients before a service

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educate employees

Help Employees Understand Their Benefits

Companies spend a lot of time and money creating valuable benefits plans for employees. But even after all that work, they still often get low participation. Good benefit choices require employers to help employees understand their benefits. PlanSponsor recently reported that two-thirds of employees want year-round help understanding and using their benefits. That number goes up to 78% among Millennials. So, let’s take a look at what employees need to best use the benefits you provide.

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benefits pro

“11 years of ACA: Consumer-directed health care accounts thrive” – BenefitsPRO Features Remarks from DataPath CMO

The ACA is in its second decade of affecting healthcare across the country. This legislation continues to have a major impact on Americans across a range of economic groups and industries. Its affects can also be felt in the CDH market. Originally Posted by BenefitsPRONovember 22, 2021 Healthcare reform has been debated for years, with many recent U.S. presidents trying to reshape the American system in different ways. The Affordable Care Act (ACA) is the

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2022 FSA Contribution Limit Increased to $2,850

On November 10, 2021, the Internal Revenue Service (IRS) announced 2022 annual limits for Flexible Spending Account (FSA) contributions, maximum carryover amounts, Transportation benefit (Transit/Commuter/Parking) contributions, and Qualified Small Employer Health Reimbursement Arrangement (QSEHRAs) amounts. The announcement was made in Rev. Proc. 2021-45. 2022 FSA Contributions The maximum health FSA contribution limit will be $2,850. Health FSAs can be used for a wide range of qualified out-of-pocket expenses. These include over-the-counter and prescription medications, deductibles,

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