|DataPath, Inc. Enhances Cloud-Based Summit Platform with Retiree Billing Functionality
LITTLE ROCK, ARKANSAS (January 15, 2019) - 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.
"Adding retiree billing to Summit is another key component of our strategy to provide a single, powerful, and simplified solution for all benefits administrators," says DataPath's chief product officer, Greg Licata.
Summit's retiree billing functionality includes the ability to import benefit and payment data, cash management, and fulfillment services, among other modern conveniences for billing administrators.
Licata explains, "For those TPAs who bill for retiree health benefits, Summit eliminates the need to have a separate system for this service. Not only does Summit cut down on overall costs, but it also improves day-to-day productivity."
Launched in 2014, Summit is the industry's only platform built specifically to provide third party benefits administrators with a singular, all-in-one solution for employer-sponsored benefits administration.
About DataPath, Inc
Founded in 1984, DataPath, Inc. is the longest running software company in the healthcare benefits administration industry. A privately-owned business, DataPath creates cloud-based solutions for tax-advantaged benefits administration, including Flexible Spending Accounts, Health Reimbursement Arrangements, Health Savings Accounts, and Transit/Commuter accounts. Learn more at dpath.com.