In the News ARCHIVE – 2016

Cypress News, Articles & Announcements

2016 ARCHIVE PAGE

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  • TPA Publishes New Whitepaper on the Top 3 Benefits of Self-Funding
    (As seen on Daily Herald, Sign On San Diego and other major media websites)
    News Release – December 13, 2016
    With the recent growth in self-funding, Cypress Benefit Administrators has published an informational resource that introduces the concept to consumers. The new “Top 3 Advantages of Self-Funded Plans” whitepaper is now available on Cypress’s website. Read More.
  • Cypress Benefit Administrators Expands TPA Team with Director of Client Services
    (As seen on International Business Times, Lexington Herald-Leader and other major media websites)
    News Release – September 7, 2016
    Working from the TPA firm’s headquarters in Appleton, Wisconsin, Laurie Molle has joined Cypress Benefit Administrators as the Director of Client Services. Molle brings more than 12 years of self-funding experience to her role and she will help manage everything from client relations and group administration to vendor partnerships and compliance. Read More.
  • Cypress Benefit Administrators Adds National Sales Director to its TPA Team
    (As seen on HR.com, Star Tribune and other major media websites)
    News Release – August 11, 2016
    Joining the team at Cypress Benefit Administrators, Tami Eddie has been hired as the TPA’s National Sales Director. Eddie will work from the Omaha location with a focus on developing new business and implementing health benefit solutions on behalf of brokers and employer-clients. Read More.
  • TPA Contains Average Medical Plan Cost Increase to Just 2.05% for its Employer-Clients
    (As seen on Los Angeles Daily News, Sun Herald and other major media websites)
    News Release – July 11, 2016
    Releasing its annual cost data trends report, Cypress Benefit Administrators shares that it was able to contain the average increase of its medical plan costs to 2.05% for 2015 while the national average went up more than twice as much. The TPA also provides PEPM and PEPY stats for the year and explains the long-term success it’s had in controlling employee benefit expenses since 2008. Read More.
  • Wisconsin TPA Recognized Again for Exemplary Workplace Wellness Efforts
    (As seen on Pittsburgh Post-Gazette, The Miami Herald and other major media websites)
    News Release – June 6, 2016
    Recognized for providing employees with an exceptional wellness program, Cypress Benefit Administrators recently received a Corporate Wellness Award from New North B2B. Cypress explains how an emphasis on employee wellness has resulted in a healthier workforce and reduced benefit costs by 13% since first launching the program. Read More.
  • Cypress Benefit Administrators & WEA Trust Partner to Provide Self-Funded Product for Public Employers
    (As seen on International Business Times, Lexington Herald-Leader and other major media websites)
    News Release – May 31, 2016
    Cypress Benefit Administrators and WEA Trust have formed a strategic partnership to offer a new self-funded product to public employer groups. The Wisconsin-based organizations plan to introduce this custom solution to the market on September 1. Read More.
  • Reference-Based Pricing Model Results in 60+% Savings for TPA Clients
    (As seen on Insurance News Net, Kansas City Star and other major media websites)
    News Release – May 9, 2016
    Cypress Benefit Administrators explains how a referenced-based pricing (RBP) model is helping employer-clients determine fair pricing by medical procedure and benefit from added cost transparency. The TPA also shares the successes of RBP realized to date with some companies saving more than 60% on health claim costs. Read More.
  • President & CEO of TPA Firm to Speak about the Future of Healthcare at Upcoming Conference
    (As seen on The Boston Globe, Lexington Herald-Leader and other major media websites)
    News Release – April 25, 2016
    Tom Doney, president and CEO of Cypress Benefit Administrators, is scheduled to make his fourth consecutive speaking appearance at the annual LBG Advisors Benefits Symposium when it returns to Las Vegas in May. Drawing on his experience with a TPA firm, Doney will present “The Immediate Future of Healthcare in America.” Read More.
  • TPA’s Fifth Annual Conference Shares Solutions & Strategies for Realizing Savings with Self-Funding
    (As seen on HR.com, Bio-Medicine and other major media websites)
    News Release – April 11, 2016
    Cypress Benefit Administrators wrapped up another successful conference in Las Vegas last week covering ways to contain the rising costs of employee health plans. The popular Cypress University was back in session for two days with presentations, panels and networking opportunities that connected employers and brokers with some of the top minds in the self-funding industry. Read More.
  • Self-Funding Conference Now in Session as Cypress University Returns to Las Vegas
    (As seen on Los Angeles Daily News, Wichita Eagle and other major media websites)
    News Release – April 4, 2016
    Returning to Las Vegas for the fifth consecutive year, Cypress University kicked off today with more than 250 participants in attendance. The two-day cost containment conference will cover self-funding topics that range from patient advocacy and medical tourism to employee assistance programs (EAPs) and captive insurance options. Read More.
  • TPA Finds Member Education an Effective Way to Help Combat Rising Prescription Costs
    (As seen on The Miami Herald, International Business Times and other major media websites)
    News Release – March 8, 2016
    As specialty drugs now outnumber traditional ones and prescription use rates rise, Cypress Benefit Administrators is partnering with Magellan Health to help employer-clients control the prescription costs associated with their health plans. The Magellan Rx Management program emphasizes employee education and incorporates creative, innovative technology to inform and actively engage members in managing their health care choices. Read More.
  • Individualized Outreach Successful as TPA Helps Employers Contain Chronic Kidney Disease Costs
    (As seen on Star Tribune, Kansas City Star and other major media websites)
    News Release – February 2, 2016
    Offering a chronic kidney disease (CKD) management program, Cypress Benefit Administrators has helped its employer-clients realize more than $275,000 in savings over an 18-month period. Cypress partners with Renalogic to provide six individualized CKD plans that focus on outreach, education and intervention. Read More.

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