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| Are
you looking for a High Deductible Health Insurance
plan for your Health Savings Account? The
nation's premiere Consumer Driven Health Plan administrator, DataPath
Administrative Services, Inc. (DPAS), began opening Medical Savings
Accounts in 1997 and began offering HSAs January 1, 2004. | |
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Setup
Fee
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Closing
Fee
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Minimum
Opening Deposit
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Monthly
Fee
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Annual
Fee
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$20
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$25
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None
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$4
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None
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Access
Fee: None
Investment
Options:
In
addition to an interest-bearing savings account, qualified
account holders have access to a diverse range of
investment alternatives to choose from, along with
four professionally managed model portfolios that
support varied investment objectives and risk tolerance.
Visit
www.myhsatoday.com/nat/documents/InvestmentGuide022006.pdf
to view a comprehensive Investment Guide. Warning:
this is a very large pdf (35 MB) and will take a long
time to download depending on your computer and internet
connection. We are working on getting a smaller
version.
Perks:
They
pride themselves on serving as the account holder's
Personal HSA Assistant, offering plan eligibility
certification, personal enrollment services, contribution
and disbursement management, online account access,
online claims storage and certification, an option
of a debit or a credit card, investments, electronic
funds transfers, tax form assistance, and more. The
two benefits that stand out the most to us are:
- The
Claims Vault
 ,
a patent-pending electronic HSA claims repository
where account holders can store their receipts indefinitely
and then access the receipts quickly and easily
with a few clicks of the mouse. Expenses incurred
today can be reimbursement decades later, allowing
interest to build tax-free and ensuring that account
holders do not miss out on any of the tax-advantaged
benefits of their HSA.
- Both
a debit AND a credit card platform built and maintained
under one roof. The credit card platform solves
a common problem that many first-time HSA account
holders face... a large medical expense at the beginning
of the year before the HSA balance has had a chance
to grow. The expense can be paid with the
credit card, and then the card balance is paid off
as funds are made available in the HSA.
Contact
Phone: 866-372-7472
Open
Account Options:
BRANCH
or ONLINE
1601 Westpark Dr., Ste. 9
Little Rock, AR 72204
You
can visit DataPath
Administrative Services, Inc.
at www.idpas.com
for complete information and application instructions.
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Disclaimer:
The information listed above is current to best of
our knowledge. Please visit this administrator's web
site or contact them directly to confirm you have the most
current information available.
HSA
for America is an independent health insurance
agency specializing in high deductible health plans qualified
to work with health savings accounts. We provide a
list of recommended HSA administrators as a service to our
visitors and customers. We are NOT an administrator
ourselves. If you have a question for a specific
administrator, please contact them directly.
For
a list of the administrators we recommend, please visit
our HSA Administrators page.
For
information on how to get instant quotes and choose a plan
that is qualified to work with a health savings account,
please visit our "How
To" Guide page.
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