Services
Versatile, Cost-Effective Options for Employee Benefit Plans
At Cypress Benefit Administrators, we have truly revolutionized the approach to employee benefit plans by offering a complete line of options that gives our national client base versatility and results with more affordable healthcare. Making up The Cypress Solution, these service types reduce claims through assessments and advocacy, empower employees to take control of their health, manage costs with thorough claims review and track plan effectiveness.
Alternative Access to Care
Argus Claim Review
Cancer Cost Containment
COBRA
Cypress Online
Data Management
Dialysis Cost Containment
Flexible Spending and HRA Administration
Medical Advocate Program (MAP)
Organ Transplant Carve-Out Insurance
Prescription Cost Management
Utilization, Case and Disease Management
Alternative Access to Care
By offering non-traditional methods of care via the workplace, national Centers of Excellence and around-the-clock telephone service, employers are realizing major savings while employees have access to the finest care. On-site Medical reduces costs significantly by providing primary care services and employee wellness programs at the workplace while TELADOC gives patients anytime access to care without the high deductible costs for office or emergency room visits. The Medical Tourism program offers quality, affordable healthcare with its U.S.-based Centers of Excellence. Download Complete Fact Sheet
ARGUS Claim Review
The most comprehensive fraud protection and code editing program in the industry, ARGUS Claim Review – a division of Cypress Benefit Administrators – guards against costly healthcare billing errors, issues with medical claims processing and other claim system deficiencies. With $250 billion dollars worth of waste in healthcare annually, this all-encompassing system protects our clients and contributes toward cost containment in healthcare as it constantly works to catch and correct problems. Download Complete Fact Sheet • View ARGUS Case Studies • View ARGUS Presentation (PowerPoint)
Cancer Cost Management
– Coming Soon!
COBRA
The Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 gives workers and families the right to extend their group health benefits for a limited period of time following certain circumstances such as job loss or transition, death, divorce or other life changes. By turning your COBRA insurance coverage management over to Cypress Benefit Administrators, your company can ensure compliance with the regulations and save time normally spent sending election notices, handling paperwork and tracking coverage. Download Complete Fact Sheet
Cypress Online
Designed exclusively for our clients, Cypress Online gives employers and employees safe, convenient anytime access to their benefit information. It also simplifies the enrollment process and provides an option for reviewing claim histories and contacting customer service via the Web. With this service, questions are answered faster – with fewer phone calls, less paperwork and better results. Download Complete Fact Sheet • Login to your account
Data Management
In combining our data reporting and analysis services, clients are able to build the most comprehensive employee benefit plans by considering a variety of variables and scenarios. We use a robust online reporting package and secure site that offers full analysis and modeling tools to help employers understand, predict and lower their employee health insurance costs. Download Complete Fact Sheet • View other Data Management resources
Dialysis Cost Containment
– Coming Soon!
Flexible Spending and HRA Administration
Flexible Spending Accounts (FSAs) are employer-sponsored plans that allow employees to set aside pre-tax money for medical, dental, vision, hearing and dependant care expenses they anticipate throughout the year. Health Reimbursement Accounts (HRAs) are plans that combine the best aspects of FSAs and Medical Savings Accounts into one. These health savings plans are gaining popularity as they turn control over from providers to consumers in deciding how and where healthcare allowances are spent. Download Complete Fact Sheet
Medical Advocate Program (MAP)
Designed to be a comprehensive resource bank that's just a phone call away, the Medical Advocate Program (MAP) offers one-on-one guidance in finding the most cost-effective medical options and exploring all practical alternatives. It works directly with employees in making health care decisions and becoming more informed purchasers. It also contributes to employers' cost containment in healthcare by requiring pre-authorization of specialty care and services. Download Complete Fact Sheet
Organ Transplant Carve-Out Insurance
This insurance works in conjunction with an employer's plan by "carving out" the transplant and insuring it separately from the plan document. It allows employers to totally eliminate the risk of paying for costly organ transplants – which can range anywhere from $250,000 to $900,000 on average – and the unpredicted cash flow issues that accompany them. With three times as many people on transplant waiting lists today compared to 10 years ago, carve-out insurance plans are a smart option. Download Complete Fact Sheet • View other Organ Transplant resources
Prescription Cost Management
Cypress Benefit Administrators works with a variety of pharmacy benefit management organizations – including Restat, ClearScripts, Navitus and WisconsinRX – to ensure that employers are getting the best possible discounts, access and service at the best possible price. This innovative program also includes BidRx/PartnersRx – a one-of-a-kind partnership that can save consumers up to 85% on prescription drug costs. Download Complete Fact Sheet
Utilization, Case and Disease Management
With these integrated programs, members are assured they are receiving the most quality, cost-effective care and treatment options. The programs focus on patients' long-term healthcare needs and provide the support, education and resources necessary for managing recovery and wellness. Cases are continually monitored to guarantee the appropriateness of care and avoid any preventable high-cost procedures or hospitalizations. A dedicated team of professionals is assigned to cases to serve each patient's unique needs. Download Complete Fact Sheet • View other Disease Management resources
Cypress Benefit Administrators specializes in affordable healthcare & consumer driven health plans for clients throughout the United States.
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