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LITTLE ROCK, Ark., May 11, 2021 /PRNewswire/ DataPath, Inc., a leading solutions provider for consumer-directed healthcare benefits administration, has published a whitepaper titled, Fear Not: There s Still Time for TPAs to Enter the Thriving HSA Market. The whitepaper takes an in-depth look at the growth of Health Savings Accounts (HSAs), qualified high deductible health plans, and future projections.
According to the whitepaper, some third-party administrators (TPAs) have been hesitant to enter the HSA market because they either do not want to compete with banks or believe that HSAs require a lot of additional work. However, there is still plenty of opportunity ahead. Those who have not yet capitalized on this still growing market can leverage their knowledge, skills, and business acumen to capture new revenue.