The Cypress Solution

The Successful Approach to Benefits Administration

No-Nonsense Employee Health Benefits

Employee benefit plans are an employer’s largest expense second to payroll. And the amount needed to budget for them could keep climbing as U.S.

health care costs reach an all-time high… they’re projected to hit 4.6 trillion dollars in coming years.

 

Everyone’s goal? Controlling these costs while still offering top-quality employee medical benefits. That’s where The Cypress Solution comes in.

 

This comprehensive set of medical risk management tools – made up of benefits administration, cost control, employee wellness and data management – challenges the status quo to maximize cost savings. It’s based on a proven four-step process designed to pair self-funded employers with smart, affordable health care plans and best-in-class providers.

 

The Cypress Solution visual image

Step 1. Health Claim Reduction/Elimination

Reducing and/or eliminating the number of health claims through assessments and advocacy

How does it Work?

  • Cypress’s one-of-a-kind ‘Thrive’ employee wellness program
    • Health risk assessments
    • Incentives for good health/behaviors
    • Disease management
    • Medical advocacy
    • Active engagement in health initiatives

Step 2. Employee Information / Decision Assistance

Making employees active participants in the decision-making process

How does it Work?

  • Employees become health care consumers instead of users
    • Medical advocacy
    • Consumer driven health plans
  • Program offerings
    • Disease Management
    • Cypress Online
    • Health Grades System
    • Medical Tourism
    • On-Site Medical

Step 3. Cost Management

Monitoring health claims carefully and managing costs when they are incurred

How does it Work?

  • Careful review of health care billing
    • Argus Claim Review
    • Medical claims processing audits
    • Fraud and abuse detection
    • Intelligent health claim surveillance
    • Unbundling/upcoding review
  • Cost preparation/negotiation
    • Prescription Drug Cost Management
    • Organ Transplant Carve-Out Insurance
    • PPO discounts
    • Individual negotiation
    • Upfront claim financing

Step 4. Employer Data Management and Information / Decision Assistance

Tracking plan effectiveness and making adjustments as necessary

How does it Work?

  • Constant tracking and reporting
    • Cypress Online
    • Client-specific reports
    • Comprehensive monthly reports
    • Regular client meetings
  • Options Review
    • Predictive/plan modeling
    • Introduction to other products

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