Health Savings Accounts

The ever-changing employer benefits landscape can be overwhelming with complex administrative challenges for third party administrators.

With DataPath’s HSAToday®, TPAs can build stronger client relationships and see additional revenue while easing the administrative burdens associated with managing Health Savings Accounts. Boost your firm’s reputation and revenue while DataPath does the hard work to handle all your HSA needs.

DataPath’s HSAToday is a full-service HSA platform that handles account administration, investing, and deposits in-house. Our ‘one-stop shop’ enables TPAs to deal with one partner, not multiple companies, to manage their benefits accounts and reduce their account administration headaches.

Here are just a few of the challenges solved by HSAToday: 

  • Managing HSAs is tedious. Plus, the employee can register for an HSA at a bank for free, which relieves me of the task. What is the benefit of using HSAToday?
  • When you register for HSAToday, you won’t have to worry about administering your clients’ HSAs. DataPath takes on full administration of the accounts. You get the benefit of added revenue without the hassle of HSA management.

  • Many HSA providers require a $2500 minimum before the account holder can start investing. The high minimum hinders account growth.

    HSAToday’s minimum for investing is $1000, which means that account holders can start investing earlier and their dollars can grow quicker. Plus, employees can choose from a wide range of investment options tailored to their savings strategy. Investments are also customizable based on the account holder’s risk tolerance.

  • Employers and employees find it difficult to manage their accounts through a third party.

    HSAToday provides a secure online portal that allows account holders and employers to manage their accounts. Employers may also use the portal to add company dollars to employees’ accounts.

HSAToday Features

  • mySourceCard® – Easy to use debit card for quick payments and auto-adjudication
  • ClaimsVault® – Patented technology that acts as an “electronic shoebox,” providing account holders access to up-to-the-minute account records and storing a full history of receipts in a secure electronic environment
  • Mobile App – State-of-the-art mobile app enabling account holders to view accounts and monitor activity. Available for both Android® and iPhone®
  • White Label Branding – Private label HSAToday with your brand
  • Online portal – Secure, full-service access to for administrators, employers, and account holders
  • Tax Information – Accessible tax forms may be viewed, printed, and filled out online. Receive assistance with forms 1099, 8889, and 5438